Financial Crime Intelligence Team Lead

Pay: £55,557 to £71,675, plus 28.97% pension contributions

Location

We have roles available all across England, Scotland and Wales.

Please apply if you’re interested and we’ll place you in the most convenient suitable DWP location. This role can be worked on a hybrid basis, so you’ll spend some time in the office and some at home.

You’ll also need to travel regularly, including overnight stays. You can book this through our booking system so there is no cost to you.

Job Summary

• Do you thrive when challenged?
• Do you have excellent stakeholder engagement skills?
• If so, we would like to hear from you.

This is an exciting opportunity to join Counter Fraud, Compliance and Debt (CFCD) as part of their Integrated Risk and Intelligence Service (IRIS) Financial Crime Intelligence Team (FCIT).

The Financial Crime Intelligence Team (FCIT) was established in 2020 as part of the Integrated Risk and Intelligence Service (IRIS) within the Counter Fraud, Compliance and Debt (CFCD) Directorate.

We highlight new risks and threats by acquiring intelligence/insights from the Financial Sector to reduce Serious and Organised Crime, Fraud, Error and Debt and money laundering losses by working in partnership with the Financial Sector. Our team explores and delivers innovative solutions and pilots relating to payments, banking intelligence, and automation across the Financial Sector.

The Financial Crime Intelligence Lead(s) are required to manage and lead the FCIT and will have split responsibilities:

• One leading on Fraud, New Risks/Threats/Payments
• and the other managing the Money Laundering (ML) or Illicit Finance operation including the Cryptocurrency Intelligence Desk and the Joint Money Laundering Taskforce (JMLIT).

You will report to the Head of Intelligence for IRIS.

CFCD is a great place to work. Our leadership team is passionate about attracting the best talent as well as nurturing and valuing new and existing colleagues to be the best they can be.

We are looking for people who can demonstrate our values and commitment to leadership, which are based around collaboration, resilience, and inclusivity.

We look for emotionally aware leaders who enable teams to be innovative, adaptable, and flexible. We want you to be comfortable challenging the norm and finding daring and dynamic solutions that support our values and enable colleagues to shine in whatever role they do.

If you want to join somewhere that recognizes the importance of work-life balance, where you can learn new skills and progress your career, then CFCD is the place for you. Come and join the CFCD team today!

What You’ll Do:

• The FCIT lead for Fraud, New Risks/Threats, and Payments will lead and own those activities and be responsible for coordinating the benefit savings opportunities.
• The FCIT lead for Money Laundering (ML) will lead the Joint Money Laundering Intelligence Team (JMLIT), Cryptocurrency Intelligence Desk (CID), and also aim to develop the new Suspicious Activity Reports (SAR) opportunities.
• The people in these two roles will jointly lead, manage, and deliver the overall objectives of the FCIT and its function, design, its strategic direction will also be responsible for the overall Financial Sector engagement and report to the Head of Intelligence in IRIS.
• You will identify and engage with stakeholders across the Financial, Payments, Cryptocurrency sectors including external Law Enforcement Agencies.
• You’ll lead relationships with the key DWP FCIT internal stakeholders across Intelligence/Investigations, IRIS, and within CFCD.
• Line manage direct reports and the wider Financial Crime Intelligence Team members who will lead on separate strands across FCIT.
• This role is a national role and will require frequent travel and overnight stays.

Key Criteria

The successful applicant will need to demonstrate the following:

• Must have experience within Fraud/SOC Threats/Risks or Money Laundering capabilities (specifically leading teams), in an intelligence capacity, and across the Financial Sector (Lead Criteria).
• Experience of Project Delivery and its basic components (Second Lead Criteria).
• You will be a self-starter and enthusiastic to make a difference to FED losses whilst working with the financial sector.
• Experience of working with senior partners across Law Enforcement including National Economic Crime Centre (NECC), National Crime Agency and Police Forces.
• You will be a strategic thinker, self-starter and enthusiastic to make a difference to FED/SOC/ML losses whilst working with the financial sector.

Desirable Skills

• If you’re based in Wales, the ability to speak Welsh is desirable.

Benefits

Alongside your salary, Department for Work and Pensions contributes £16,094 towards you being a member of the Civil Service Defined Benefit Pension scheme.

We also have a broad benefits package built around your work-life balance which includes:

• Working patterns to support work/life balance such as job sharing, term-time working, flexi-time, and compressed hours.
• Generous annual leave – 25 days on entry, increasing up to 30 days over time (pro-rata for part-time employees), plus 9 days public and privilege leave.
• Support for financial well-being, including interest-free season ticket loans for travel, a cycle to work scheme, and an employee discount scheme.
• Health and well-being support including our Employee Assistance Programme for specialist advice and counselling and the opportunity to join HASSRA a first-class programme of competitions, activities, and benefits for its members (subscription payable monthly).
• Family-friendly policies including enhanced maternity and shared parental leave pay after 1 year’s continuous service.
• Funded learning and development to support progress in your role and career. This includes industry-recognized qualifications and accreditation, coaching, mentoring, and talent development programmes.
• An inclusive and diverse environment with opportunities to join professional and interpersonal networks including Women’s Network, National Race Network, National Disability Network (THRIVE), and many more.