<p>A Fraud Prevention Strategist designs and leads anti-fraud programmes to protect organisations from financial and reputational loss. You will combine data analysis, risk assessment and cross-functional collaboration to detect emerging threats and strengthen controls. This role suits an analytical thinker with hands-on experience in fraud detection tools, transaction monitoring and policy design.</p>
<p>This job description outlines the role, responsibilities and qualifications for a Fraud Prevention Strategist. It is intended to help HR teams, recruitment agencies and hiring managers attract highly skilled candidates.</p>
<h2>Fraud Prevention Strategist Job Profile</h2>
<p>The Fraud Prevention Strategist leads strategy and operations to prevent, detect and respond to fraudulent activity across channels. This role develops policies, refines detection models and advises senior leadership on risk trends.</p>
<p>Working closely with data science, compliance and operations, the post holder will prioritise scenarios, tune rules and oversee investigations to reduce false positives while improving detection rates.</p>
<h2>Fraud Prevention Strategist Job Description</h2>
<p>The Fraud Prevention Strategist is responsible for creating a cohesive anti-fraud framework that combines technology, process and people. You will analyse transaction patterns, build detection rules and collaborate with data teams to maintain and enhance machine learning models. The role requires a pragmatic approach to balancing customer experience with robust controls.</p>
<p>Day to day, you will review alerts, lead complex investigations and design escalation pathways. You will partner with product, legal and compliance to ensure controls meet regulatory requirements and support audit readiness. Continuous improvement is central to the role, and you will run post-incident reviews and recommend system or process changes to prevent recurrence.</p>
<p>The role will also involve vendor assessment for third-party tools, development of training materials for frontline teams and reporting to senior management and stakeholders on key metrics and emerging risks.</p>
<h2>Fraud Prevention Strategist Duties and Responsibilities</h2>
<ul>
<li>Develop and maintain a holistic anti-fraud strategy and programme.</li>
<li>Design and tune rules, scenarios and models to detect suspicious activity.</li>
<li>Lead investigations into complex or high-value fraud incidents.</li>
<li>Collaborate with data science to build and validate machine learning models.</li>
<li>Monitor and analyse trends to proactively identify emerging fraud vectors.</li>
<li>Manage alerts, triage, prioritisation and escalation procedures.</li>
<li>Work with product and engineering to implement preventive controls.</li>
<li>Prepare regular management reports and present key performance indicators.</li>
<li>Ensure processes comply with regulatory obligations and audit requirements.</li>
<li>Conduct root cause analysis and lead continuous improvement initiatives.</li>
<li>Train and advise operations and frontline teams on fraud detection best practices.</li>
<li>Evaluate and manage relationships with third-party vendors and tools.</li>
</ul>
<h2>Fraud Prevention Strategist Requirements and Qualifications</h2>
<ul>
<li>Bachelor's degree in finance, criminology, computer science, statistics or related field; postgraduate qualification desirable.</li>
<li>Proven experience in fraud prevention, financial crime, payments risk or a similar role.</li>
<li>Strong analytical skills with experience in SQL, scripting languages or analytics platforms.</li>
<li>Familiarity with transaction monitoring systems, case management platforms and machine learning concepts.</li>
<li>Knowledge of relevant regulations and standards in payments, AML and data protection.</li>
<li>Excellent communication skills and ability to influence stakeholders at all levels.</li>
<li>Attention to detail and a methodical approach to investigations and reporting.</li>
<li>Experience managing vendor relationships and implementing third-party solutions.</li>
<li>Ability to work under pressure and handle confidential information with discretion.</li>
</ul>