Product Owner - Fraud Strategy

As a Product Owner - Fraud Strategy at Allica Bank, your primary responsibilities include defining and implementing a comprehensive fraud strategy across various transactional banking products. You will lead a squad of engineers and data scientists, working to address account takeover and APP fraud while anticipating emerging threats. Additionally, you will ensure that fraud solutions are integrated seamlessly into customer journeys and aligned with regulatory requirements.

To excel as a Product Owner - Fraud Strategy at Allica Bank, you must possess proven experience in fraud strategy and management, particularly in the fintech space. A strong knowledge of APIs, fraud typologies, and analytical skills is essential. Effective communication and the ability to collaborate with various stakeholders will help you drive initiatives and influence decisions effectively.

Allica Bank fully embraces flexible and hybrid working arrangements for the Product Owner - Fraud Strategy role. We understand that a one-size-fits-all approach doesn't work for everyone, so we encourage candidates to share their needs with us, and we will do our utmost to accommodate them, ensuring a work-life balance that suits your lifestyle.

In your role as Product Owner - Fraud Strategy at Allica Bank, you'll be part of a dedicated squad that includes engineers, data scientists, and project managers. This collaborative environment will foster innovation and allow you to tackle fraud risks through comprehensive strategies and cutting-edge technologies, ensuring you have a solid support system to drive success.

Allica Bank is committed to the ongoing development of its employees. As a Product Owner - Fraud Strategy, you’ll benefit from full onboarding support, continued educational opportunities, and regular professional development sessions. We strive to help you succeed and grow, both personally and in your career.

In responding to this question, emphasize your specific experiences related to fraud management within fintech or transactional banking. Discuss your involvement in creating fraud strategies, the outcomes achieved, and any technologies used. Highlight your analytical skills and ability to stay updated on fraud trends.

When answering this question, describe your approach to assessing risks, including data analysis and threat evaluation. Share examples of how you have prioritized cases in the past and the decision-making process you employed to ensure that the most pressing issues were addressed first.

To answer effectively, outline a specific strategy you led, detailing the steps taken and technologies involved. Discuss the results achieved, such as reduced fraud incidents or improved detection times, and emphasize your role in the planning and execution of this strategy.

Explain how data analytics informs your fraud strategy by enabling you to identify patterns and trends. Discuss specific tools or methodologies you have used to analyze data, and how these insights have driven decisions in your previous roles.

When addressing this question, discuss your communication style and the methods you utilize to convey complex information clearly. Provide examples of presentations or reports you've prepared that effectively communicated fraud trends or strategy performance to senior stakeholders.

Provide a specific example where you successfully influenced a decision. Highlight the strategies you used, such as presenting data-driven insights or leveraging your expertise to reassure stakeholders about the strategy's potential impact and effectiveness.

Here, mention specific fraud prevention tools you have used, such as machine learning systems or analytics software. Discuss why these technologies are effective and how you have utilized them in your past roles to enhance fraud detection and prevention measures.

In your response, emphasize the importance of continuous monitoring and research regarding emerging fraud trends. Discuss how you stay informed and how you've adapted strategies and tools based on anticipated fraud risks, showcasing your proactive mindset.

When answering this question, highlight your understanding of regulations that pertain to fraud in the financial sector. Provide examples of how you've ensured that your strategies comply with these regulations, showing your knowledge of industry best practices.

Discuss attributes that align with the role, such as being proactive, innovative, and decisive. Provide examples from your previous jobs where these traits enabled you to successfully navigate challenges and contribute to the overall success of fraud strategy initiatives.