We are Hiring for a position of Fraud Analyst role for a International Bank Based in London. This is a Contract position for 6 Months. Work from Office Only.
Job Purpose:
Provide support to the Financial Crime Prevention Team and other departments within the Bank in relation to fraud queries, referrals and guidance on preventing Financial Crime.
Area of Responsibility
Responsibilities:
Have an understanding of the relevant FCA and PSR rules; anti-money laundering and terrorist financing legislation; suspicious activity reporting and sanctions legislation.
An understanding and knowledge of the rules and processes governing APP fraud reimbursement, including investigating scam claims and processing reimbursements.
Assist with responding to Production Orders and other related orders from external agencies e.g. HMRC, Law Enforcement agencies and enquiries received from regulators and ensure they are dealt with in a timely manner.
Review and conduct timely investigations into reports of fraud from external agencies, internal fraud and KYC / AML alerts generated from the Banks fraud prevention systems (including debit card fraud).
Complete and submit Suspicious Activity Reports (SARs) after carefulreview and investigation of suspicious account activity.
Assist in the development of Financial Crime Prevention training.
Assist with the production of internal financial crime Management Information (MI) and reports as required, including reporting on the status of any pending and closed alerts.
To assist with the development and maintenance of processes and systems to ensure that key controls for financial crime monitoring are effective and efficient.Technical Skills:
General understanding of UK AML / KYC / Fraud legislation.
Good understanding of debit card fraud investigation.
Strong analytical,communication and problem solving.
Ability to work to tight deadline.
Able to work independently and as a part of a team.
Able to deal with internal and external referrals in a timely manner