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Financial Risk Management Specialist

2 months ago


Basingstoke, Hampshire, United Kingdom Aspect Resources Full time
Job Description

Role: Financial Fraud Risk Specialist

Location: Remote (3 days/week on site)

IR35: Outside

Rate: GBP68.12/hr MAX (Umbrella)

Duration: 6 Months

Security Clearance: SC

At Aspect Resources, we are seeking a highly skilled Financial Fraud Risk Specialist to join our team. As a key member of our organization, you will be responsible for overseeing and managing all aspects of financial fraud risk within our company.

Key Responsibilities:

  • Develop and Implement a Comprehensive Fraud Risk Management Framework: Design and implement a robust fraud risk management framework to identify, assess, and mitigate financial fraud risks.
  • Monitor and Analyze Fraud Trends and Patterns: Continuously monitor and analyze fraud trends and patterns to proactively address emerging risks and ensure the effectiveness of our fraud prevention measures.
  • Conduct Regular Risk Assessments: Conduct regular risk assessments to ensure that appropriate controls are in place to prevent and detect fraud, and that our fraud detection systems are up-to-date and effective.
  • Design and Implement Fraud Detection Systems: Design and implement fraud detection systems, tools, and techniques to identify and prevent financial fraud.
  • Develop and Maintain Fraud Detection Models: Develop and maintain fraud detection models to ensure they are up-to-date and effective in identifying potential fraud risks.
  • Establish and Maintain Fraud Prevention Policies: Establish and maintain fraud prevention policies, procedures, and guidelines in accordance with industry best practices and regulatory requirements.
  • Communicate and Enforce Fraud-Related Policies: Ensure that all fraud-related policies and procedures are communicated and enforced across the organization.
  • Provide Training and Awareness Programs: Provide training and awareness programs to employees on fraud prevention and detection to ensure they are equipped to identify and report potential fraud risks.
  • Collaborate with Cross-Functional Teams: Work closely with other departments, including Finance, Legal, Compliance, and IT, to ensure a coordinated approach to fraud risk management.
  • Provide Guidance and Support: Provide guidance and support to business units on fraud risk-related matters and serve as the point of contact for external auditors and regulators on fraud-related issues.
  • Develop and Maintain Dashboards and Reports: Develop and maintain dashboards and reports to track fraud risk metrics and key performance indicators.
  • Analyze Data and Present Findings: Analyze data to identify trends, patterns, and areas of improvement in fraud prevention and detection, and present findings and recommendations to senior management.

Essential Qualifications:

  • Proven Experience in Financial Fraud Risk Management: A strong background in financial fraud risk management, with a proven track record of developing and implementing effective fraud risk management frameworks.
  • Finance Background: A finance background, with a strong understanding of financial controls and risk management principles.
  • Implementation of Financial Controls: Experience in implementing financial controls to mitigate fraud risk, and a strong understanding of regulatory requirements.
  • Strong Analytical and Problem-Solving Skills: Excellent analytical and problem-solving skills, with the ability to interpret complex data and identify potential fraud risks.
  • Strong Communication and Interpersonal Skills: Strong communication and interpersonal skills, with the ability to work effectively with cross-functional teams and stakeholders.
  • Proficiency in Fraud Detection Software: Proficiency in using fraud detection software and financial analysis tools, with a strong understanding of fraud risk management frameworks and techniques.
  • Knowledge of Regulatory Requirements: A strong knowledge of relevant regulations and standards related to financial fraud risk management.
  • Ability to Work Independently: The ability to work independently and make informed decisions under pressure, with a high level of integrity and ethical standards.
  • Strong Attention to Detail: A strong attention to detail and accuracy, with the ability to maintain high standards of quality and professionalism.