Financial Crime (Investigations) Specialist
Posted 7 days ago by Edenbrook
£90,000 Per year
Fixed-Term
Hybrid
London Area, United Kingdom
Summary: The Financial Crime (Investigations) Specialist role is a 6-month fixed-term contract based in London, requiring in-office presence three days a week. The position involves managing financial crime referrals, leading investigations into fraud and suspicious activities, and providing oversight and reporting to senior management. The specialist will also be responsible for preparing regulatory filings and enhancing investigation processes within the organization.
Key Responsibilities:
- Support the Senior Financial Crime Officer in managing financial crime referrals, including suspected fraud and money laundering.
- Lead investigations, maintaining case files, the Fraud Log, and reporting progress to senior management.
- Prepare Suspicious Activity Reports (SARs) and other external regulatory filings where required.
- Provide investigation guidance and training to first-line teams and recommend remedial actions where fraud is suspected or confirmed.
- Maintain and enhance the Fraud Log and review SIRA alerts, investigating suspicious activity through to resolution.
- Produce MI reports on case status and outcomes for senior management and committees, including FCCC.
Key Skills:
- Insurance Investigative experience essential (investigations qualifications advantageous).
- Advanced insurance industry knowledge essential.
Salary (Rate): £90,000.00 yearly
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: fixed-term
Seniority Level: undetermined
Industry: Other
6 month-FTC £70,000/ £90,000 (pro rata for 6 months) London (City) – 3 days per week in office Financial Crime (Investigations) Specialist opportunity working with a top performing specialty insurer operating within the Lloyd’s Market. You will play a key role in handling referrals involving detected fraud or suspicious activity; lead investigations, identify control gaps, recommend remedial actions and external reporting, and provide regular reports and oversight to senior management and committees.
Key Responsibilities:
- Support the Senior Financial Crime Officer in managing financial crime referrals, including suspected fraud and money laundering.
- Lead investigations, maintaining case files, the Fraud Log, and reporting progress to senior management.
- Prepare Suspicious Activity Reports (SARs) and other external regulatory filings where required.
- Provide investigation guidance and training to first-line teams and recommend remedial actions where fraud is suspected or confirmed.
- Maintain and enhance the Fraud Log and review SIRA alerts, investigating suspicious activity through to resolution.
- Produce MI reports on case status and outcomes for senior management and committees, including FCCC.
Key Skills and Experience:
- Insurance Investigative experience essential (investigations qualifications advantageous).
- Advanced insurance industry knowledge essential.