Published on

Aug 11, 2024

Process Manager - Fraud and Financial Crime

Process Manager - Fraud and Financial Crime

Process Manager - Fraud and Financial Crime

Full-time

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London, England

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Hybrid

About the job

Our Story

Hello there. We’re Zopa.

We started our journey back in 2005, building the first ever peer-to-peer lending company. Fast forward to 2020 and we launched Zopa Bank. A bank that listens to what our customers don’t like about finance and does the opposite. We’re redefining what it feels like to work in finance. Our vision for a new era of banking puts people front and centre — we’ve built a business that empowers everyone to aim high, every day, to move finance forward. Find out more about our fantastic offerings at Zopa.com !

We’re incredibly proud of our achievements and none of it would be possible without the amazing team here. It’s not just industry awards we’re winning, we’ve also been named in the top three UK’s Most Loved Workplaces.

If you embrace unconventional challenges, are unafraid to think differently and are driven to make an outsized impact, you’ll thrive here at Zopa, so join us, and make it count. Want to see us in action? Follow us on Instagram @zopalife

As a Process Manager at Zopa Bank, you will play a crucial role in understanding, managing and improving the processes that relate to Fraud and Financial Crime. Reporting directly to the Head of Fraud and FinCrime Operations, you will be responsible for creating and maintaining process artifacts including knowledge pages for agents to use, training subject matter content, customer communication templates, standard operating procedures, process maps and the like. You will be responsible for understanding how these processes are performing day to day working the risk and data teams to ensure that you have regular and meaningful insight on process performance, risks and weak areas where we need to improve our controls.

You will use this information, as well as other qualitative and quantitative insight, to analyse and report on process performance and areas where the process can be improved either through automation/AI, improved process design and/or execution and/or better controls. You will create a prioritised roadmap of improvements which you will deliver, as well as supporting change delivery into your process areas, providing operational readiness and impact assessments and appropriate rollout and embedment plans proportionate to the size, scale and impact of the change.

You will look at processes to ensure we are delivering consistent and high-quality service to victims of fraud while mitigating losses to the business by identifying different fraud types effectively.

You will be willing to occasionally travel outside of the UK, if required, to visit suppliers.

A Day In The Life

Relationship Management: Primary point of contact for Changes and Operations Readiness for processes within your area of responsibility Work closely with the Risk and Compliance teams to understand opportunities to improve processes, mitigate risk and improve controls Work closely with the Process Excellence discipline and wider process community. You’ll be coaching and supporting others to embed process management and optimisation as a skillset across the wider operation. Process oversight and reporting: Seek out new data and insight both internally and externally looking at trends and themes in industry and across contact centres more broadly to improve understanding of process performance and benchmark performanceUtilise new and existing qualitative and quantitative data available through things like quality control, outlier reporting, customer complaints, CSAT (customer satisfaction survey results), service metrics to deeply understand performance and identify issues/potential issues as well as areas to drive improvementsEscalate critical issues to the Head of Fraud and FinCrime Operations and other relevant stakeholders as needed.Report on the performance of processes within your area of responsibility, including sharing information on improvement activities and the impact of those activities.Performance Optimisation & continuous Improvement: Maintain a roadmap of prioritised initiatives that will deliver improved process performance, customer journeys and outcomes as well as agent experienceDeliver changes and process improvements, ensuring that the change is well understood, rolled out in a controlled way and embedded well/adopted consistently. Measure the effectiveness of changes and process improvements making refinements and iterations where neededRegularly review and update process artifacts and content relating to the processes within your responsibility to make sure they are up to date, accurate, clear and easy to use/follow for example knowledge pages used by agents to understand the process, standard operating procedures, process maps, communication templates, subject matter training materials.Subject Matter Expertise: Attend conferences and other external events, stay curious reading the latest articles and research/insight relating to process management and Fraud and Financial Crime in both Banking and Contact Centre settings. Taking learnings from others in the industry and staying up to date with emerging themes, trends and innovations or research/benchmarking that can help shape how you think about continuous improvements and enhancements for the processes you manageShare your subject matter knowledge internally to support the learning of others and input into projects and other internal initiatives.

About You

Proven experience in process management, oversight and improvement ideally with an understanding of/background in process improvement methodologies with experience of one of more of the following or equivalent: Lean, Kaizen, Business Process Re-engineering, Value Stream Mapping, Six Sigma Subject matter expert with experience in Fraud and Financial Crime including Financial Services regulatory requirements, compliance standards, and risk management principlesExperience in managing and leading changeDemonstrated ability to manage multiple projects simultaneously and meet tight deadlinesProficiency in Microsoft Office Suite and supplier management softwareExcited by Zopa’s mission and working for a forward thinking FinTech Proven track record of delivering improvement initiatives with positive measurable impact Analytical mindset good at analysing qualitative and quantitative data spotting themes, trends and opportunities.

Flexible working? Yes please!

At Zopa we value flexible ways of working. We understand the benefits of face-to-face collaboration and the importance of a good work-life balance. Our teams work in a hybrid manner, from our vibrant UK offices and the comfort of their own homes, at a frequency that suits the team and the work they do.

Not only that – you'll also have the option of working from abroad for up to 120 days a year!* But no matter where you are, we’ll make sure you’ve got everything you need to thrive, both in your work and home life, from day one.

Subject to having the right to work in the country of choice

Diversity Statement

Zopa is proud to offer a workplace free from discrimination. Diversity of experience, perspectives, and backgrounds leads to better products for our customers and a unique company culture for our people. We are made up of nearly 50 nationalities, have a DE&I forum made up of Zopians wanting to make a difference and we are proud of our culture where everyone can bring their full self to work. Our approach to DE&I is reflected in our hiring process so please let us know if you require any reasonable adjustments.

About Company

Significant growth in the Finance function: With a 28% increase in employee percentage difference over the year, the company is likely focusing on expanding its financial services and capabilities, indicating a strong investment in financial operations and potential for new financial products. Investment in Product Management: A 50% increase in employee percentage difference within the Product Management function suggests a strategic emphasis on developing new products or enhancing existing offerings, highlighting innovation and market expansion as key priorities. Decrease in Business Development and Engineering: The Business Development and Engineering functions show a decrease in headcount over three months (-5% and -1%, respectively), possibly indicating a shift in strategic focus or a reallocation of resources towards other growing areas. Rapid expansion in Human Resources: A 29% year-over-year increase in the Human Resources function suggests significant internal growth and possibly preparing the infrastructure to support a larger workforce, indicating overall company growth and expansion.

Total Employees

748

Median Employee Tenure

2.4 years

Because no one goes to school
for fighting fraud.