Compliance Manager – Fraud Prevention (FTC)

THE COMPANY:

Our client is multinational Corporate and Retail banking company based in the City.  They are looking for a Compliance Manager – Fraud Prevention to join the team on an FTC basis.

THE RESPONSIBILITIES:

• Have a good understanding of and remain up to date on relevant regulatory requirements and their application in Anti-Money Laundering legislation, Proceeds of Crime Act and Fraud Act.
• Manage 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.
• Provide support to the Financial Crime Prevention Team and other departments within the Bank in relation to fraud queries, referrals and guidance.
• 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).
• Produce periodic and ad hoc management information (MI) and reports on Fraud.
• Identify and analyse fraud data to uncover new and current trends and patterns.
• Complete Suspicious Activity Reports (SARs) administration, evaluation and reporting.
• Assist in the development and delivery of FCP training.
• Preparation of policies and processes and help with their implementation to prevent fraud.
• Provide reports to the Head of Compliance and the management and Board Committees on fraud related matters.
• Point of contact for CIFAS related matters. Manage CIFAS loadings and reviews, ensuring provisions of the Immigration Act are being met by the Bank and oversee quarterly checks.
• To undertake other Compliance related projects as directed by the Head of Compliance

EXPERIENCE REQUIRED:

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

For further information please contact Hannah Tabatabai