Senior Fraud Manager

Let us tell you a bit about the opportunity

The Senior Fraud Manager provides independent second-line oversight and challenge across Aldermore’s fraud risk landscape, ensuring risks are identified, assessed, and managed in line with the Bank’s risk appetite and regulatory expectations.

The role covers fraud risk across Aldermore’s UK specialist lending and savings businesses, with a focus on application fraud, identity fraud, intermediary and broker-related fraud, and account misuse across the customer journey. It also provides oversight of financial crime risks where they intersect with fraud, supporting a joined-up and proportionate approach to risk management.

In addition, the role leads the Non-Financial Risk and Compliance relationship with the Motor business, coordinating across risk teams and subject matter experts, and attending Motor Risk Forums to provide effective oversight, challenge, and governance.

This role is a 6-Month Fixed-Term Contract.

To act as an ambassador of the Bank’s vision to; Back more people to go for it in life and in business.

What will your day look like?

• Provide independent 2LoD oversight and challenge of fraud risk controls across customer onboarding, credit applications, broker/intermediary channels, and account lifecycle events.
• Assess the design and effectiveness of controls addressing key fraud typologies, including application fraud, identity fraud, synthetic identities, document fraud, and first-party fraud.
• Oversee fraud risks within broker-led origination models, including introducer fraud, collusion risk, and misrepresentation, with challenge on due diligence, monitoring, and governance frameworks.
• Provide oversight of fraud risks across savings and lending portfolios, ensuring controls are proportionate to product design, customer journeys, and evolving fraud typologies.
• Monitor and report on fraud risk appetite, KRIs, and MI, delivering clear insights to governance forums and ensuring timely escalation of emerging risks and control issues.
• Ensure alignment with regulatory expectations and financial crime frameworks, including SYSC requirements, AML/CTF integration, policy development, and oversight of thematic reviews and change initiatives.

What do we expect from you?

• Significant experience in fraud risk management within financial services, covering application fraud, identity risk, and lending and/or savings products.
• Strong understanding of 2LoD frameworks, governance, and risk oversight practices.
• Experience with broker/intermediary-led distribution models and associated fraud risks.
• Good knowledge of AML/CTF frameworks and the intersection between fraud and financial crime.
• Strong analytical skills with the ability to interpret fraud MI, trends, and emerging risks.
• Proven ability to influence, challenge, and communicate effectively with senior stakeholders in a regulated environment.

What can you expect from us?

• A hybrid working policy, 2 days per week onsite in our London office
• A friendly and flexible culture, the same as how we work with our customers.
• A growing organisation that means there’s lots of opportunities to progress
• A drive for continuous improvement, which you will be empowered to get behind from day one.
• And of course, you will be rewarded competitively, with a good range of core benefits and bonus potential. 

Let us tell you a bit about us

We’re Aldermore – the award-winning bank, trusted and highly rated by over a quarter of a million customers for more than a decade. With our range of specialist mortgages, savings accounts and business finance solutions, we're backing more people to go for it.

We thrive by saying “yes” to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; we open up the lending market to many; and thousands of customers chose Motonovo Finance every week to buy their next car, van or motorbike.

Still curious?

Join us and we’ll make the same promises to you as a colleague, as we do to each of our customers. We’re committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you’re pregnant or on family leave.

Please note that we have a thorough referencing process, which includes criminal record checks.