JOB SUMMARY

The post would sit within the Financial Investigation Unit (FIU), which is part of the Investigation and Enforcement Services Directorate (IES). The team provides expert Asset Recovery work under the Proceeds Of Crime Act 2002 (POCA) supporting criminal and Intelligence investigation teams, to the wider agency and external partners. Team members are located across the country.
The Insolvency Service is a leading Government agency which plays a crucial role in providing essential services to the public and to business. The work we do is important to the proper functioning of markets, the economy in general and support for thousands of people each year who are in financial difficulty.
Inclusive and diverse teams are important to us. We welcome and encourage applications from everyone, including groups underrepresented in our workforce. The Insolvency Service strives to ensure that the agency is a safe, inclusive and welcoming place for everybody to bring their true self to work and to help the agency to achieve its diversity objectives. We have 10 active employee network groups available to join or become an ally, these include, Carers Network, Disability & Health, FACES Network Group, Grass Roots, LGBT+, Mind Matters, No Limits, Part Time Workers, The Shed, and Women’s Network Group.
We offer full-time, part-time, job share and flexible ways of working. We value capability, technical skills and experience and we place great emphasis on lifetime development to support our people. We encourage our employees to become more involved in areas they feel strongly about, whether it be for the benefit of the agency, though our Engagement network or in their own local communities via volunteering opportunities.
The Insolvency Service is a great place to work, learn and grow your career!

JOB DESCRIPTION

This is an exciting new role, helping to support investigation and enforcement under The Proceeds Of Crime Act 2002. Using Financial Intelligence and sensitive financial information provided by the National Crime Agency (NCA), you’ll carry out enquiries, building intelligence profiles that will inform investigation decision making. Contributing to the protection of the UK, its citizens and its economy from economic crime.
The postholder will be given the opportunity to continue their Financial Investigation training pathway with the NCA looking to build and develop their skills in other more specialist areas.
With experience of dealing with money laundering, financial and fraud investigations, you’ll be an accredited Financial Intelligence Officer (or willing to work towards this). You’ll have a basic understanding of civil recovery processes, confiscation, restraint, account freezing orders and the Proceeds Of Crime Act 2002.
You can also conduct enquiries, working methodically, organising your workload and meeting strict statutory time limits. Able to use databases, you’ll be fully IT-literate – and keen to play your part in bringing offenders to justice.
Produce Intelligence profiles research and assess POCA referrals. Whilst identifying criminal offences and/or recoverable assets. Research will include checks undertaken on databases, PND, Equifax, Experian, Land Reg, Companies Houses, PNC, Moneyweb, Open-source research and provide full details of the suspect’s current financial status.

The post holder will be expected to:

• Provide reports and present findings with recommendations and take all necessary follow up action.
• Plan, manage, and prioritise workload to agreed timescales.
• Determine the best course of action to collate intelligence required in line with legislation and policy.
• Have the ability to engage with people at all levels, including key stakeholders internally and externally.
• Produce financial profiles, including use of I2 and Altia systems to support analytical work.
• Develop financial profiles of selected subjects as directed, obtaining, analysing and interpreting financial evidence and intelligence from all available ‘restricted’ and ‘open’ sources that will enable effective decision making to be made against subjects.
• Identify opportunities for the recovery of criminal assets by means of either prosecution and confiscation, or by civil recovery, using part 5 powers for the forfeiture, funds held in bank accounts, and crypto currency.
• Work with requests for information from a wide range of internal and on occasion external stakeholders.
• Manage FIO inbox in receipt of financial intelligence requests.
• Access, financial intelligence systems and understand handling of personal financial intelligence.
• Update and maintain Insolvency Service databases in relation to FIU Asset recovery.
• Liaise with AFI’s and AFI manager in relation to financial information requests.
• Assist with ad-hoc financial intelligence projects and assist in the preparation of financial intelligence reports.
• As a qualified FIO, undertake relevant banking enquiries.
• Collate and process referrals received, recording these on local systems and take action as appropriate. Determine what databases to use to research these requests and detail the results of these on the secure Insolvency Service system sending the completed profile/referral to the Investigating officer or manager.

QUALIFICATIONS

Accredited as a Financial Intelligence Officer (FIO) with the NCA, or able to demonstrate outstanding aptitude and willingness to undertake, accreditation to NCA standards to FIO level and beyond. Completing a PDP and CPD activities thereafter. Monthly access to the Financial Investigator Support System (FISS) to maintain CPD.

NATIONALITY REQUIREMENTS

This job is broadly open to the following groups:

• UK nationals
• nationals of the Republic of Ireland
• nationals of Commonwealth countries who have the right to work in the UK
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
• individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December 2020
• Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements

We want you to have a good work-life balance and want to support you in all that you do, so we offer a great benefits package including:

• flexible working arrangements and flexi-time
• full time new entrants to the Civil Service and those Civil Servants on modernised terms and conditions will be entitled to 25 days leave increasing on a sliding scale to 30 days after 5 years’ service
• in addition to this you are entitled to 8 public/bank holidays plus an additional day of privilege leave
• competitive maternity, paternity and parental leave
• 5 days paid leave for learning and development
• 5 days paid for volunteering
• a Cycle to work scheme
• staff have access to an employee assistance programme, Workplace Wellness, for confidential, independent support and advice during difficult times in either their professional or personal lif