Financial Crime Analyst

Role purpose

In this role you will support the first line of defence in the fight against fraud and financial crime. You will provide sound operational support within the financial crime team for fraud risk, financial crime risks (e.g., money laundering, bribery and corruption, sanctions, terrorist financing, politically exposed persons etc.) and financial crime operational output. You’ll report into our Financial Crime Manager and you’ll play a key part in supporting the continued evolution of our lending proposition.

You will have SME experience and knowledge of the UK regulatory regime, be multi-disciplined across financial crime and Fraud areas (such as KYC/KYB, CDD/EDD, PEP and Sanctions screening) and possess an awareness of current and future trends/threats. 

Additionally, you will have the opportunity to influence change and help to grow our first line fraud and Financial Crime Operations team in line with our future growth.

In this role, you will :

  • Review and support the implementation of our financial crime framework to ensure compliance with regulatory obligations.
  • Contribute to the design and implementation of 1st line risk based financial crime and fraud controls.
  • Undertake the day-to-day operational financial crime tasks, such as reviewing screening and transaction monitoring alerts, investigating SARs, conducting fraud investigations and associated reporting requirements.
  • Conduct customer due diligence and enhanced due diligence, including trigger and periodic reviews, pertaining to lending customers.
  • Produce customer due diligence reports.
  • Support 1st line horizon scanning and assessing financial crime regulatory change to identify, analyse and report the impact of new legislation and emerging threats/trends.
  • Support the development and maintenance of financial crime systems, including MI, system calibration, testing and documenting test outcome reports.
  • Provide expertise to support the future development of additional lending products and the required financial crime controls to mitigate associated risks.
  • Promote a risk-aware and continuous improvement culture; ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.

A bit about you – You are/have:

  • A confident, inquisitive, detail orientated financial crime fighter.
  • Strong knowledge and practical application of obligations under the UK regulatory regime, including Money Laundering Regulations, JMLSG Guidance Notes and FATF Guidance.  
  • Knowledge and experience of Payments, Deposit accounts and SME Lending.
  • Comprehensive operational experience, leading and/or scaling a financial crime and/or fraud team and driving efficiencies within workflow processes.
  • Knowledge of financial crime technology solutions, strategy design and implementation.
  • Excellent communication skills with senior internal and external stakeholders.
  • Strong analytical ability, providing challenge to data received to ensure robust risk oversight.
  • Proven ability to work on your own initiative, solving problems where necessary while effectively collaborating with colleagues.
  • Excited by the opportunity to work in a start-up bank with a real purpose and passion for supporting underserved regions.
  • Professional accreditations from recognised industry bodies (ICA or ACAMS) and a commitment to continual professional development are preferred but not essential.

What we can offer you:

💰 8% company pension contribution and 3% individual contribution (which you can opt to increase)

🚀 The opportunity to participate in our future success via share options (CSOPs)

🌴 30 days holiday every year – which includes your birthday off 🎂 + bank holidays on top

🏖 Work from Anywhere – for four weeks of the year you can work from anywhere worldwide

🏡 Flexible working – you ‘own the way you work’ and we are proud to have been recognised as being one of the top 100 most flexible companies to work for in the world. 

🏥 Top tier private medical cover with WPA – includes no excess + you can add family through salary sacrifice

🔒 Death in service at 4 x base salary with Aviva

🧠 Mental health support – through a helpline and counselling sessions

👶 Enhanced maternity, paternity and adoption leave

🎉 Various surprise and delight moments throughout the year to help build team connection

What else do I need to know?

Location: You will predominately work from home but will be required to travel to our offices when your role requires this.

Salary: £35,000 – £45,000 per annum

Hours: 35 Hours per week

How to Apply:

Please submit both your CV and cover letter to careers@thegbb.co.uk, linking your experience to our requirements in order to have your application considered. 

We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates, regardless of their age, sex, race, disability, sexual orientation, gender reassignment, religion or belief, marital/civil partnership status, or pregnancy and maternity.

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