Fraud Risk Senior Manager

The Fraud Risk Senior Manager is accountable for driving a proactive product-led fraud risk management framework across Shawbrooks 1st Line teams.

This is a hands-on role designed to close a current capability gap by embedding deep granular fraud expertise within the 1st Line. The role holder will own the agenda on fraud risk waking up every day focused on identifying emerging fraud threats strengthening product-level controls and enhancing fraud awareness across the Banks lending and deposit portfolios.

The role operates within the 1st Line and is responsible for:

• Embedding granular fraud risk assessments at product and segment level
• Ensuring effective proportionate and well-evidenced fraud controls are in place
• Developing segment-level fraud Early Warning Indicators (EWIs)
• Leveraging data analytics and AI to detect behavioural shifts and emerging fraud typologies
• Building fraud capability and awareness across business teams

The role requires close collaboration with CBO COO Financial Crime Data and 2nd Line Risk teams ensuring clear ownership of fraud risks while maintaining strong alignment with regulatory expectations and the Banks risk appetite.

Success will be measured by the quality of fraud risk insight reduction in fraud losses strength of product-level controls and demonstrable uplift in 1st Line fraud awareness and capability.

Key Responsibilities

Fraud Risk Framework & Product-Level Ownership

• Develop and embed granular fraud risk assessments at product and segment level across SME Real Estate RMB and Consumer portfolios
• Identify inherent fraud risks specific to each product design distribution channel and customer segment
• Ensure fraud risk assessments are dynamic regularly refreshed and aligned to emerging external threats
• Provide subject matter expertise into new product approvals and material product changes

Controls & Risk Mitigation

• Work with business teams to design enhance and evidence effective fraud prevention and detection controls (N.B Assessing control design and operational effectiveness will be undertaken by the Controls Testing team)
• Ensure fraud controls are proportionate commercially balanced and aligned to risk appetite

Data Analytics & Early Warning Indicators

• Develop and maintain segment-level fraud EWIs linked to key fraud typologies
• Use data analytics and AI techniques to analyse customer behaviour transaction trends and application patterns to detect anomalies
• Identify behavioural shifts that may indicate emerging fraud risks

Training & Fraud Awareness

• Develop and deliver role-based fraud training tailored to front-line underwriting operations and risk teams
• Drive fraud awareness campaigns aligned to current fraud typologies and external threat intelligence
• Embed fraud risk ownership culture within 1st Line teams
• Act as a visible fraud SME and trusted advisor across the business

Governance & Stakeholder Engagement

• Act as the primary 1st Line fraud risk subject matter expert
• Engage with 2nd Line Risk Financial Crime and Internal Audit to ensure alignment and transparency
• Support responses to regulatory queries relating to fraud risk management
• Contribute to relevant governance forums providing clear insight on fraud exposure and mitigation activity

Qualifications :

Skills & Experience

• Significant experience in fraud risk management within financial services (lending and/or retail banking preferred)
• Deep understanding of fraud typologies across SME Real Estate and/or Consumer portfolios
• Experience developing product-level fraud risk assessments and embedding fraud controls in 1st Line environments
• Strong data literacy with experience using analytics and/or AI to identify fraud patterns and behavioural anomalies
• Demonstrable experience developing fraud EWIs and actionable fraud MI
• Strong knowledge of the three lines of defence model and regulatory expectations relating to fraud and operational risk
• Proven ability to influence senior stakeholders and drive change across business teams
• Experience designing and delivering effective fraud training programmes

Education / Professional Qualifications

• Relevant professional qualifications are desirable (e.g. ICA ACFS CFE Risk or Audit qualifications).
• Shawbrook assesses candidates based on experience skills and impact as well as formal qualifications.

Key Attributes

• Fraud-curious and forward-looking
• Commercially balanced with strong risk judgement
• Data-driven and analytically rigorous
• Influential and credible across 1st and 2nd Line
• Pragmatic hands-on and delivery focused
• High integrity and professional scepticism

Additional Information :

Your Wellbeing - We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:

• Market leading family friendly policies such as access to our Maternity Adoption and Paternity policies from Day 1 of your employment
• Free access to Headspace a mindfulness & meditation digital health app
• Free access to Peppy digital health app that offers personalised support through fertility treatment becoming a parent or menopause
• EAP (Employee Assistance Programme) - Offering you support on a wide range of subjects including financial concerns mental wellbeing and more general queries around family work housing and health
• Cycle to work scheme
• Discounts on gym membership
• Contributory pension scheme & death in service

Your Lifestyle - Its important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when youre enjoying your leisure time.

• Minimum of 27 days holiday per year
• Option to buy or sell holiday days through our flexi-holiday scheme
• Discounts on gym membership nationwide
• Access to discounts on a range of high street and online brands
• Community support and charitable giving

Your Contribution - Were focused on rewarding those that go the extra mile in helping us achieve our goals.

• Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
• Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done

Remote Work :

No

Employment Type :

Full-time