The UK Financial Intelligence Unit (UKIFU) sits at the heart of the international response to money laundering and terrorist finance. It has responsibility for receiving, analysing and disseminating Suspicious Activity Reports (SARs), from the private sector, taking action on these reports and disseminating to partners. It provides the intelligence “engine room” for law enforcement action against money laundering and terrorist financing.
The UKFIU is currently being expanded and enhanced and a Home Office-led SARs reform programme is developing significant improvements to the regime. This includes replacing and transforming the SARs IT systems and related business change. All of which will ensure the effective running of the system and enable transformation of the SARs regime so that it provides a more effective response to money laundering and terrorist finance.

Job description

The core functions of these roles are to provide an efficient support service to UKFIU operations, corporate and central service functions, programmes, or projects, contributing towards the successful delivery of business objectives.

The UKFIU Operations Officers are responsible for assessing Suspicious Activity Reports (SARs) under Part 7 of Proceeds of Crime Act in order that they comply with the legislation. They make decisions relating to those reports within the strict time limits laid out in law and deal with enquiries from both the reporting sector and end users, including all areas of law enforcement.
 

Responsibilities

• Awareness of legislation affecting Agency activity (particularly UKFIU, handling of sensitive / confidential data)
• Experience of analysing information from a range of sources to resolve problems; and
• Experience of working to tight deadlines, work prioritisation and managing competing demands.
(Candidates will be expected to undertake FIO / FIA development as part of the role)
• Working knowledge of SARs regime is desirable

***All NCA officers must hold SC Enhanced upon entry as a minimum. To meet the National Security Vetting requirements for this role you will need to have resided in the UK for a minimum of 3 out of the past 5 years. For more information please see the Candidate information Pack***

Technical skills

We'll assess you against these technical skills during the selection process:

• Awareness of legislation affecting Agency activity (particularly UKFIU, handling of sensitive / confidential data)
• Experience of analysing information from a range of sources to resolve problems
• Experience of working to tight deadlines, work prioritisation and managing competing demands

Security

Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check