Accredited Financial Investigator - IFED

Contract type: Fixed term contract until 31st December 2027 (with a view to extend until December 2029, pending funding confirmation)

Rank/grade: E

Salary: Starting Salary £42,220 + £6,920 London Weighting

Directorate/department: NLF /Insurance Fraud Enforcement Department (IFED), Investigations Team

Vetting level required: National Security Vetting Clearance Levels (MV/SC)

Location: Guildhall Yard East

Hybrid working: This Police Staff role adheres to Corporation of London’s hybrid working policy, requiring a 60% office attendance rate. Specifics will be discussed locally with the hiring manager if successful.

The City of London Police is keen to promote flexible working and, subject to operational policing requirements, proactively consider all applications to work flexibly. The City of London Police is committed to equality of opportunities and continuously strives for inclusivity within our Force. We welcome applications from all sections of the community, particularly from those who are disabled, have long-term health conditions and/or are neurodivergent, those with Black, Asian and other Minority Ethnic backgrounds, female candidates, and LGBTQIA+ individuals.

About The Team

The Insurance Fraud Enforcement Department (IFED) is part of the City of London Police’s National Lead Force for fraud and has been established since 2012, providing a dedicated resource to combat insurance fraud throughout England and Wales. Some examples of the types of work we deal with include:

• Organised crime groups inducing collisions to defraud insurers.
• Fraudulent life insurance claims resulting in millions of pounds of loss.
• Induced arson to commit insurance fraud resulting in a risk to the public and substantial losses to the insurance industry.

About The Role

As an AFI, you will use your part 8 Proceeds of Crime Act (POCA) powers to trace assets, analyse financial statements and commence and carry through civil proceedings through the Court system, supported by our legal team. You will apply for pre-charge restraint, working closely with the investigation teams and maximise opportunities for confiscation and compensation to victims of crime. You will combine this with part 5 POCA powers where appropriate to disrupt criminality, seizing cash, freezing bank accounts, seizing listed assets and cryptocurrencies. You will manage your seizures on JARD and any physical property through our POCA processes in line with force policy. This is an operational role, with MV/SC clearance required and you will need to complete Public & Personal Safety Training (PPST) for Police Staff before starting in the role. You must be willing to travel throughout England and Wales, dependent on operational needs.

Responsibilities

• Obtaining POCA orders and warrants in accordance with appropriate legislation and policy to conduct civil asset recovery investigations.
• Working in partnership with other agencies to prepare, submit and complete case files including attending court and presenting evidence and evidential statements.
• Interviewing victims, witnesses and suspects in accordance with the appropriate legislation and procedures concerning civil investigations.
• Reviewing and assessing Defence Against Money Laundering (DAML) Suspicious Activity Reports (SARs).
• Ensuring AFI accreditation is maintained once obtained.

Requirements

• Knowledge and understanding of the Fraud Investigation Model (FIM) and alternate payment methods, specifically cryptocurrency.
• Proven experience of financial investigation and, if possible, confiscation.
• Relevant knowledge of investigation policies and legislation, including the Proceeds of Crime Act, Police and Criminal Evidence Act and Criminal Procedure and Investigations Act.
• Ability to work in partnership with other agencies.
• Ability to prepare, submit and complete case files, including attending court and presenting evidence and evidential statements.

This vacancy is open only to those who have the right to work in the UK. Also, due to this role requiring MV/SC level vetting, you need to have continuously resided in the UK for the last 5 years. This residency needs to be in the immediate 5 years prior to this application. If you do not meet this requirement, you are not eligible to apply for the role, due to the nature of the vetting checks needed.

If you would like to discuss the role please contact: Christopher.O’Donovan@cityoflondon.police.uk

Benefits

A diverse workforce improves the service we provide to our public by making us more approachable and relevant within our communities. This is why it’s vitally important that we recruit people from a wide range of communities and backgrounds with an understanding of cultural issues and a wide range of skills. We therefore particularly encourage female and people from Black, Asian and other Minority Ethnic communities to join us.

The way we work is changing. With a few exceptions most roles will be able to accommodate part‑time, job share and flexible working patterns. We can also offer hybrid working patterns of home and office‑based shift patterns. Feel free to speak to us about any flexible working requirements.

• LGPS Pension Scheme – Local Government Pension Scheme explained.
• Access to Blue Light Card scheme – Welcome to Blue Light Card.
• Discounts within the Square Mile specifically for City of London Police employees.
• Free access to our Force Gym (with dedicated time for female colleagues throughout the week), Personal Training Instructors with a range of specialisms, and a large variety of fitness and wellbeing programmes.
• 29 days’ annual leave + bank holidays, increasing up to 34 days with continuous service.
• Season Ticket Loans.