Financial Crime Operations Analyst
YouLend
SQL
Financial Crime Data, Intelligence and Reporting Manager
BVNK
full-time
Posted on:
Location Type: Hybrid
Location: London • 🇬🇧 United Kingdom
Visit company websiteJob Level
Mid-LevelSenior
About the role
- You will be part of a core team responsible for successfully delivering second line of defence oversight and advisory within the Bank together with Financial Crime and Compliance colleagues.
- Responsible for the evolution of the Bank Wide Risk Assessment (BWRA) is a critical activity to ensure the Bank is aware of its Financial Crime risk exposure and to allow the Bank’s MLRO to meet their SMF17 accountabilities.
- This role will be responsible for enhancement of the Bank’s Financial Crime monitoring and screening tools and development of key metrics for onward reporting through Bank Governance Committees.
- Financial crime data review / reporting and enhancement opportunities, including working with product teams and providing reports to the Data Governance Committee.
- Creating and reviewing Management Information and Key Risk Indicators
- Assisting with complex Suspicious Activity Reports (SARs) investigations that have been escalated to 2LOD to ensure accurate and timely reporting to the UK NCA
- Upskilling and training the 1LOD on SAR investigations, identifying underlying criminal activity (predicate offences) and the use of Open-Source Intelligence data
- Identifying control enhancements and building processes to obtain additional data to enhance accuracy and speed of SAR investigations
- Oversee of screening and monitoring alert escalations, and ensuring system configurations are operating effectively, with solutions for enhancing as needed on an ongoing basis
- Oversee changes to Transaction Monitoring rules and thresholds, working with 1LoD and the third-party vendor to implement enhancements
- Responsible for overseeing of product developments, specifically in the Data Space, providing support on Data enhancements that will be presented through the Data Governance Committee
- Oversee and influence key changes to metrics used for key Bank reporting and governance to meet regulatory requirements for onboarding through to customer exit
- Ensure metrics for management of high-risk customers is accurate with trend analysis reported through appropriate governance
- Ongoing assessment of the Financial Crime risks and control environment for the BWRA and ensuring Management Information (MI) is reliable and accurate
- Leveraging RCSA reviews, Monitoring and Testing Reports, Audit reports, Gap Analysis of FCA issued Findings and Thematic reviews
Requirements
- You possess a minimum of 5 years of experience in financial services related role(s), with experience in financial crimes underlying disciplines (AML/CFT, sanctions, fraud, analysis / investigations, ABC processes)
- Knowledge and experience of business banking for SMEs, sole traders and their activities (key requirement)
- Investigation experience on complex cases involving money mule activities, predicate offences and sanctions evasion
- Strong understanding of UK AML, CTF, and sanctions regulations (FCA, PRA, etc.) and experience dealing with high-risk customer profiles
- Proficiency in interpreting and analysing financial crime data and metrics, with the ability to present findings clearly to senior management
- A meticulous approach to reviewing policies, SAR reports, and compliance processes
- Understanding relevant financial crime frameworks like JMLSG Guidance or FATF recommendations
- Credible stakeholder engagement skills to align with our organisational values and behaviours
- Working knowledge of commercial lending, business accounts and deposits
Benefits
- Full onboarding support and continued development opportunities
- Options for flexible working
- Regular social activities
- Pension contributions
- Discretionary bonus scheme
- Private health cover
- Life assurance
- Family friendly policies including enhanced Maternity & Paternity leave
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial crime data analysissuspicious activity reports (SARs) investigationstransaction monitoringrisk assessmentmetrics developmentdata governanceopen-source intelligencecontrol enhancementsbusiness bankingfinancial crime frameworks
Soft skills
stakeholder engagementmeticulousnesscommunicationtrainingreportingproblem-solvinganalytical thinkingcollaborationinfluencepresentation skills
