Fraud Analyst

· 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 and ensure they are dealt on 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 Banks 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.

· To 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.

· To assist with the development and maintenance of processes and systems to ensure that key controls for monitoring are effective and efficient.

Main Accountabilities and approximate time split

Manage Fraud Risk - 85% · Management and investigation of frauds · Management of queries from external agencies · Suspicious Activity Report preparation

Others - 15% · Ad-hoc Regulatory projects · Manuals/policies annual update · Financial Crime fraud prevention training - delivery