Fraud Risk Manager

On behalf of HS2, we are looking for a Fraud Risk Manager - Inside IR35 for a 6-month contract working on a Hybrid basis (3 days per week in Birmingham office and remaining WFH)

High Speed Two (HS2) Limited is the company responsible for developing and promoting the UK's new high speed rail network. It is funded by grant-in-aid from the government.

HS2 Ltd is an executive non-departmental public body, sponsored by the Department for Transport.

Job purpose

The Reporting and Governance Manager is responsible for ensuring Government Functional Standard 013 requirements are met and documented including the management of the Fraud Risk Assessment and assurance programme together with internal management reporting.

Role of Directorate and Capability

The Counter Fraud and Investigations function reports to the Deputy Chief Financial Officer within the CFO Directorate.

The Function is responsible for managing the risk of fraud, bribery and corruption within the HS2 Programme and the supply chain to provide suitable assurance that the financial and reputational risks associated with fraud, bribery and corruption are being managed in accordance with company policies, processes and current law.

The main duties and responsibilities of the Fraud Risk Manager - Inside IR35 would be:

* Management of the Fraud Risk Assessment (FRA) programme including completion and maintenance of detailed, thematic and enterprise assessments, together with initial fraud impact assessments.

* Undertaking fraud measurement exercises.

* Working with the Proactive Fraud Manager to incorporate data driven fraud insights into the FRA programme and operational controls.

* Liaison with risk management leads within the supply chain to ensure effective management of current and emerging risks.

* Management of and ensuring compliance with Government Functional Standard 013.

* Creation and maintenance of fraud related policies (including Gifts and Hospitality and Whistleblowing etc) and ensuring alignment with regulatory requirements and best practise.

* Internal reporting to senior management and committees

* Design and delivery of counter fraud training to HS2 staff.

Knowledge:

* Comprehensive knowledge of FRAs (including IFIA's, detailed, thematic and enterprise) and preferably a member of the Government Counter Fraud Profession, Fraud Risk Assessment discipline.

* Knowledge of relevant Regulations and legislation, including fraud-related legislation (e.g., Fraud Act 2006, Bribery Act 2010, and ECCTA 2023).

Type of experience:

* Substantial experience in managing a FRA programme preferably in relation to construction projects, including completing and maintaining detailed, thematic and enterprise level FRAs.

* Experience in coordinating the ongoing assurance of fraud risks, managing various stakeholders and reporting progress to seniors.

* Experience of senior level reporting and working within corporate governance and risk, preferably how they relate to fraud risk oversight.

* Experience of working with a wide range of internal and external stakeholders to ensure compliance with regulatory and organisational standards.

Essential:

Fraud Risk Expertise

* Experience assessing fraud risk within complex environments (e.g. construction / supply chains)

* Ability to design, implement and maintain robust fraud risk models, metrics and assessments

Governance, Compliance & Reporting

* Strong understanding of corporate governance and fraud-related regulatory frameworks (including Government Functional Standard 013)

* Ability to ensure compliance with relevant legislation and organisational standards

* Experience producing clear, insightful reporting for senior stakeholders

Policy & Controls Development

* Ability to develop and maintain fraud-related policies and translate them into effective operational processes within a matrix environment

Stakeholder Engagement & Communication

* Proven ability to manage and influence a wide range of stakeholders (internal, external, senior leadership, regulators, suppliers)

* Strong written and verbal communication skills, including simplifying complex fraud risk concepts

Training & Capability Building

* Ability to design, deliver and maintain effective fraud awareness and training programmes

Please be aware that this role can only be worked within the UK and not Overseas.

In applying for this role, you acknowledge the following "this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different".