Fraud Analyst

We are hiring for a position of Fraud Analyst for an International Bank based in London. This is an immediate position to start.

Job Purpose:

• Provide support to the Financial Crime Prevention Team and other departments within the Bank in relation to fraud queries, referrals, and guidance.

Area of Responsibility:

Responsibilities:

• Have an understanding of the relevant FCA rules, anti-money laundering and terrorist financing legislation, suspicious activity reporting, and sanctions legislation.

• Assist with responding to Production Orders and other related orders from external agencies (i.e., HMRC, Law enforcement agencies) and enquiries received from regulators, ensuring they are dealt with in a timely manner.
• Review and conduct timely investigations into allegations of first-party fraud, third-party fraud, internal fraud, and Fraud/KYC/AML alerts generated from the Bank's fraud prevention systems (including debit card fraud).
• Complete Suspicious Activity Reports (SARs) administration, evaluation, and reporting.
• Assist in the development and delivery of Financial Crime Prevention training.

• Assist with the production of internal financial crime management information (MI) and report production as required, including information on the status of alerts pending and closed.
• Assist with the development and maintenance of processes and systems to ensure that key controls for monitoring are effective and efficient.

Technical Skills Required:

• Good understanding of UK AML/KYC/Fraud management policies.
• Good understanding of debit card fraud investigation.
• Good analytical and communication skills and problem-solving abilities.
• Ability to work to tight deadlines.
• High level of accuracy and attention to detail.
• Able to work independently and as part of a team.
• Able to deal with internal and external referrals in a timely manner.