Fraud Researcher / Analyst

London, England, United Kingdom

6/12/2024

Job title: Fraud Researcher/Analyst

Band: 2

Type: Permanent

Salary: up to £48k pa + excellent benefits (dependant on skills & experience)

Location: Palestra (Southwark), London, and Hybrid

Hybrid working within this role enables a balance of 50 percent of time split between the office and home over a four-week period. Hybrid working arrangements can evolve subject to business requirements.

Job Overview

Do you have extensive experience in conducting analysis to identify potential criminality within large and complex data sets? Are you enthusiastic, curious and have the desire to ask why?’ Do you get a kick out of conducting open-source research to support fraud investigations? If your answer is yes to all of these then TfL’s Counter-fraud & Corruption team is looking for someone just like you. Our highly motivated team prides itself on raising awareness of financial crime through prevention and education programmes, investigating all allegations of fraud and corruption against TfL, and pro-actively working with business areas to analyse data to identify fraud and reduce losses to TfL.

Key Accountabilities

• To support the Counter-fraud and Corruption (CFC) team with the collection, evaluation and interpretation of data related to fraud investigations. Assist with the presentation of the data in a format suitable to be used as evidence to support legal or disciplinary proceedings.
• To support the CFC team to conduct proactive data mining activities, specifically aimed at identifying areas of potential fraud risk to TfL. Prepare reports setting out the findings from this work to clearly and succinctly communicate any risks identified to relevant managers within the wider business.
• To support the CFC team with open-source research to develop and compliment ongoing fraud and corruption investigations and to produce profiles with recommendations that mitigate fraud against TfL.
• Quality assures the data provided by the business and report any exceptions.
• To identify, promote, and, where appropriate develop and test software, tools, and methodologies to continuously enhance TfL's capabilities at conducting data analytical activities.
• To establish and maintain a good, professional, and pro-active working relationship with Risk and Assurance colleagues and across TfL to help facilitate the collection of data and improve data collection capabilities.
• The post-holder will need to be proactive in maintaining own technical skills and awareness of wider developments in data analytical technology and techniques to ensure the service provided to the business remains effective and relevant.
  
  

Skills

Skills, Knowledge & Experience

• Evaluate and interpret complex datasets.
• Communicate complex analysis effectively, both verbally and in writing.
• Produce data in reports and dashboards using commercial data analytics and visualisation tools.
• Plan and prioritise in response to rapidly developing and changing workloads and deadlines.
• Coach and advise others on getting the most out of available data and improving data collection and analysis methods.
• Ability to be curious about your data and have a desire to ask 'Why?' to drive improvements across TfL.
  
  

Knowledge

• Detailed practical knowledge of data, visual and statistical analysis tools (essential).
• Analysing data to identify fraud and other financial crime risks and threats (essential).
• Manipulation and presentation of complex data sets in a workable and understandable format. (essential).
• Relevant legislation, including confidentiality and data protection requirements that apply to the processing of personal data (essential).
• Interrogating and reporting on open-source intelligence (OSINT) to supplement team investigations (essential).
• A current financial investigative qualification as a Financial Intelligence Officer (FIO) or as a SAR researcher, or equivalent. (desirable).
  
  

Experience

• Within a law enforcement environment or a medium to large sized, complex organisation.
• Extensive exposure to working with large datasets, providing evaluation and interpretation, and reporting findings to a range of audiences within the business.
• Identifying anomalies within financial data sets, which may be indicators of financial crime, including money laundering.
• Providing expert testimony for criminal prosecutions, civil proceedings or tribunal hearings would be advantageous.
  
  

Equality, diversity, and inclusion

We are committed to equality, diversity, and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all the essential criteria. We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair.

The closing date for applications is Wednesday 26 th June @ 23:59

Please note we may close the advert early if we receive a high volume of applicants.

Application Process 

Please apply using your CV and a maximum two-page covering letter.

Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter. Word format preferred and do not include any photographs or images

Benefits

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow.  Rewards vary according to the business area but mostly include:

• Final salary pension scheme
• Free travel for you on the TfL network
• A 75% discount on National Rail Season Ticket and interest free loan
• 30 days annual leave plus public and bank holidays
• Private healthcare discounted scheme (optional)
• Tax-efficient cycle-to-work programme
• Retail, health, leisure and travel offers
• Discounted Eurostar travel
  
  

Organisation

RISK AND ASSURANCE

Job

Administration

Position Type

Full Time