Director, FCP Fraud

Overview

In this role, you will establish and lead StoneX’s EMEA fraud risk and controls within the second line function. You will design a pragmatic, risk-based fraud framework aligned to the business model and embed it across products, channels, and processes. You will provide decisive second-line oversight, challenge, and governance to improve control effectiveness. You will partner with first-line teams and technology to strengthen data, reporting, and remediation, contributing to a mature, compliant operating environment.

Responsibilities

• Design and implement a proportionate fraud risk framework with taxonomy, risk assessment method, and control standards
• Support risk appetite, KRIs, escalation thresholds, and governance reporting
• Establish fraud governance including escalation, issue management and remediation tracking
• Lead fraud risk assessments across priority products, channels and customer journeys
• Provide second line oversight and challenge across key fraud typologies
• Ensure fraud risk is embedded into new products, changes, and processes
• Maintain fraud control inventory and baseline control framework
• Provide second line challenge on control design and effectiveness
• Drive consistent control standards across EMEA and coordinate independent validation
• Partner with Technology and Operations to improve data quality and fraud MI
• Deliver reporting on losses, control effectiveness, and root cause insights to senior stakeholders
• Oversee material fraud incidents and perform root cause analysis and thematic reviews
• Guide first line ownership and accountability with practical risk-based guidance
• Support audit, assurance and regulatory engagement and remediation of findings

Key requirements

• Experience in fraud risk and controls within financial services
• Experience designing or enhancing fraud frameworks and control environments
• Understanding of fraud risks across payments, brokerage, trading, banking or fintech
• Experience assessing risk across products, channels and operational processes
• Strong stakeholder management and ability to influence
• Strong written communication for risk assessments and governance reporting
• Ability to operate in a fast-paced, evolving environment

• Stakeholder management
• Written communication
• Pragmatic and commercially aware
• Fraud risk & controls design
• Regulatory alignment (UK/EMEA)
• Data quality and MI reporting

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