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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.
