Fraud Manager

About Bits:

Bits is an innovative fintech startup focused on empowering individuals to build credit and achieve financial wellness. Backed by renowned investors, we have developed cutting-edge solutions for credit building that promote financial inclusion for those who have traditionally been underserved by financial institutions.

We are looking for a skilled and proactive Fraud Manager to join our team. In this role, you will be responsible for overseeing the fraud detection and prevention strategies for our credit products. You will lead efforts to identify, investigate, and mitigate fraud risks while implementing effective fraud management frameworks that align with our business objectives. Your expertise will be critical in protecting our customers and the integrity of our operations.

You will be instrumental in ensuring the integrity and security of our financial operations. You will monitor, detect, and investigate potentially fraudulent activities, focusing on various fraud types, including known customer fraud, third-party fraud, merchant fraud, and account takeovers. Your role will also encompass management of daily KYC reviews, updating financial crime policies, and managing CIFAS reports.

• 5+ years of experience in fraud management or prevention within the fintech or financial services industry
• Bachelor's degree in a relevant field is preferred
• Strong knowledge of fraud detection tools, techniques, and methodologies
• Proven ability to analyse data and identify fraudulent patterns or activities
• Experience developing and implementing fraud prevention strategies
• Excellent analytical, critical thinking, and problem-solving skills
• Strong communication and interpersonal skills
• Familiarity with KYC and AML regulations is a plus
• Ability to work collaboratively with cross-functional teams
• Knowledge of fintech industry and credit operations is a plus
• Excellent analytical and problem-solving skills
• Knowledge of financial services and products is a plus

• Impactful Work:
  You'll play a key role in scaling our platform to support the next million Bits users, contributing to a product that's changing lives.
• Dynamic Environment:
  Forget the mundane. You'll be in a role where your priorities shape your path, and every day brings a new challenge.

• Competitive market salary, and health insurance.
• Choose your hardware.
• Opportunities for professional development and career growth.
• 28 days holidays/ year incl. UK/ England public & bank holidays
• Regular team meals
• The chance to make a significant impact on financial inclusion and credit building for underserved communities.

• A quick introductory call
• A short take home technical challenge
• A final round to discuss your skills, introduce you to our CEO and founder, plus other members of the team and business, and answer any questions you might have