Fraud Payments Manager Job Interview Questions & Answers

Our Experts
Written by Our Experts

Got an interview coming up where you’re applying for the role of a Fraud Payments Manager? No worries! Here you can find some of the most often asked Fraud Payments Manager interview questions as well as some examples of how to answer. Read on!

What experience do you have (if any) as a Fraud Payments Manager?

This one’s pretty simple – discuss your experience as it relates to the job you’re applying for. Don’t get caught off guard by this question should you not any actual experience. Plan ahead and have something relatable to share. In doing this, you can actually turn your lack of experience into a showcase for your ability to relate and connect similar skillsets.

Answer Sample:

I believe the core requirement for x is y – and through my volunteer work I gained a ton of experience in how x fundamentally relates to y

Things are changing quickly in our industry. What do you feel are the biggest challenges within the role of Fraud Payments Manager?

There are a variety of ways to answer this one. These days, mentioning Artificial Intelligence, software, and related items should do well. However, be prepared to explain why you answered the way you did – and do some research ahead of time.

Answer Sample:

Its hard to know for sure with industry factors such as x and y changing so many things – all I can say is that Im excited for the challenges that come with that

How do you minimize the risk for errors in your work?

Hey, no one is perfect – but when it comes to accounting & finance, perfection in numbers is expected. No, the company you are applying to isn’t expecting their employees to be flawless. What they’re looking for here is some sort of system of checks and balances.

Answer Sample:

Rain or shine, I always make sure that x is reviewed 3 times over and referenced against y before it goes out the door

Tell me about a time you used graphs, charts, and data to drive home a point?

Numbers don’t lie. While it may be the epitomy of ‘nerdery’, story telling through data is a critical skill for those in the financial profession. A great example here would be anything relating to a decision where your data made a difference.

Answer Sample:

A client had struggled with x for nearly a decade until I was able to clearly present the issue visually – a lightbulb went off, and the clients business is better than ever

Tell me about a time when you received difficult feedback. How did you react?

One of the most difficult things to dispense – and receive – is critique of work. Anyone who has spent enough time in this industry realizes that human error is part of the job, and no one is perfect. What you’re going to want to do here is be sure to let the interviewer know what you did in reaction to this feedback. How accountable were the parties involved? Your ability to navigate though difficult situations will place you high on just about any accounting employer’s list.

Answer Sample:

No one likes these situations, but Ive found that dealing with it factually and without predjudice tends to be the best approach

Detail is critical in our industry – what do feel makes you a detail oriented person, and why?

Always with the details! As an accountant, this is a serious requirement. Like many non-valid responses, your statement ‘yes I am a detail oriented person’ is not going to cut it.

Answer Sample:

My careful attention to x and y prevented a major audit last year

Which software and/or applications are you proficient in?

You’d be hard pressed to find an accounting firm these days where software isn’t at the cornerstone of how they operate. In the event that you don’t have experience with popular software, familiarize yourself with industry standards ahead of time. Spend a night and compile names of cutting edge platforms, and mention these along with their purpose to your interviewer.

Answer Sample:

The bulk of my experience lies with the x platform, but Im fascinated with some of what the y system is capable of

Culture is important to us here. Which style of work enviornment do feel most productive in?

Culture is king these days, and for good reason. Simply put, culture fit means that your values are in alignment with your prospective employer’s. You’ll want to be careful here, indicating that you are able to thrive in a variety of work enviornments.

Answer Sample:

I succeed when expectations and accountability are in place, and equally enjoy a balance of working solo / working as a team”

Without revealing too much info – why are you leaving your last job?

This one can be leading, and must be answered carefully. Your desire for better compensation or venting about the ‘terrible leadership’ at your last job may leave your interviewer with the wrong impression of you. Even if you were let go, keep it short and concise, and avoid drama at all costs.

Answer Sample:

Working at x was a great experience for a vareity of reasons, but now its time to seek out new challenges

About the author

Our Experts

Our Experts

The Accounting Path's in house experts draw upon a broad network of professionals to bring you the most up to date information what’s happening in the accounting world.