Financial Crime Analyst

This is a fully remote position, open to applicants in United Kingdom.

📋 Description

• Offer assistance to the broader Financial Crime division through thorough financial crime investigations and related activities.

• Examine internal suspicious activity reports, customer application referrals/red flags, fraud-related complaints, and transaction monitoring exceptions.

• Serve as the initial point of contact for daily financial crime-related matters within the organization.

• Coordinate with customers, law enforcement, and other external entities to fulfill information requests within stipulated timelines.

• Collaborate with internal stakeholders to enhance awareness of financial crime risks.

• Engage in and present internal training materials.

• Conduct comprehensive and precise investigations utilizing various information sources, arriving at suitable and balanced conclusions.

• Accurately document investigations to ensure that third parties can trace the investigative process and rationale.

• Take proactive measures to prevent customers from experiencing financial harm or distress due to fraud.

• Recognize potential consumer vulnerability or coercion and align outcomes with the FCA Consumer Duty.

• Prepare external Suspicious Activity Reports for review and submission to the National Crime Agency by the Nominated Officer.

• Evaluate and respond to formal law enforcement information requests in compliance with the Data Protection Act (Schedule 2).

• Record, update, and manage fraud loadings on the CIFAS portal within industry-standard timeframes.

• Prioritize tasks effectively and consistently meet deadlines.

• Maintain department logs and ensure information is accurately recorded.

⛳️ Requirements

• Solid understanding of financial crime acquired from experience in a similar position, preferably within UK retail financial services, consumer credit, or fintech.

• Proven knowledge of the UK financial crime landscape, including POCA 2002, the Money Laundering Regulations, and FCA guidance.

• Experience in Transaction Monitoring Investigations.

• Background in conducting root-cause investigations related to application fraud, first-party fraud, and account takeover.

• Familiarity with CIFAS, Credit Reference Agencies, and Identity Verification (ID&V) tools.

• Capacity to prioritize and manage personal workload to meet deadlines and quality standards.

• Strong attention to detail and accuracy in work.

• Ability to apply common sense and judgment, along with robust commercial awareness.

• Competence to work independently with minimal supervision.

• Comprehension of business operations and the broader financial services sector.

• Proficient in effective communication with all stakeholders (written, verbal, face-to-face, and remotely).

• Honest and ethical, exhibiting high levels of integrity.

• Inquisitive and analytical mindset, capable of identifying trends.

• Approachable and collaborative in nature.

• Experience with PEP/Sanctions investigations.

• Financial Crime-related qualification (e.g., ICA Certificate/Diploma in AML or Financial Crime Prevention, ACAMS) is preferred.

🏝️ Benefits

• Time-off on Birthday.

• Gym benefits.

• Childcare benefits.

• Life assurance.

• Health cash plan.

• Aviva pension.

• Professional subscription benefits.