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Financial Crime Investigations Analyst


Payments Recruitment

£33,000 - £38,000 Per Annum

London City, United Kingdom

Retail Banking,Fraud,Faster payments,Investment Banking

Permanent | Full Time



Not specified

Financial Crime Investigations Analyst (FIs/NBFIs) - London 

We are excited to be hiring on behalf of one of the most successful and exciting challenger banks on the market! 

About the Role:

We are looking for a Financial Crime Investigations Analyst to take responsibility for identifying financial crime typologies across our respondent FI and NBFI client base. You will conduct detailed transaction and data reviews, liaise with respondents and address any actual or suspected financial crime incidents. You will take responsibility for both post-transaction monitoring and proactive identification of risk and work closely with internal and external stakeholders in ensuring that risk mitigating actions are taken. You will review and investigate fraud queries, respond to law enforcement requests and sanctioned payment escalations. You will assist with requirements for technology and propose control improvements, enhancements and simplifications to align with our growth aspirations.

About You:

We believe that the best Analysts enjoy what they do. Candidates should have proven experience in transaction monitoring within correspondent banking including electronic money issuers and payment institutions, strong understanding of financial crime typologies and detection methods, with a keen eye for detail. You must be willing to work in a fast-paced environment, be comfortable dealing with change and take pride in owning and mitigating financial crime risk for the business. Successful candidates will be comfortable raising concerns and providing ideas, engaging with clients and making informed decisions. Candidates should have sound knowledge of correspondent banking services; strong technical and regulatory knowledge across financial crime within the UK  and a firm understanding of how to identify and mitigate risks within a business. 

Core Skills and Experience:

  • Conduct transaction analysis using large data sets to identify unusual themes and patterns.
  • Manage and resolve end-to-end investigations (alerts, cases, reviews) in a timely manner.
  • Conduct research using internal and external sources to help determine potential suspicious activity and disposition or investigate as appropriate.
  • Document investigation steps performed, recommend cases for SAR/No SAR decisions and document the rationale for the ultimate decision reached
  • Where appropriate, facilitate requests for information (RFIs) by liaising with clients and/or RMs.
  • Proactively identify trends and emerging themes and work with management to implement detection features before disruption occurs.
  • Assist in reviewing special reputational or financial crime risk projects involving look-backs to ascertain concentration of risk across the portfolio.
  • Manage competing tasks and priorities in a manner that effectively mitigates top risks.
  • Provide strong technical and financial crime regulatory guidance and knowledge on how to mitigate and control for risk based on typologies.
  • Present recommendations on clients, to include exit/decline, supported by comprehensive assessments on financial crime risks and outcomes of investigations.
  • Monitor and investigate fraud cases, liaising with respondent FI/NBFIs to diminish losses and assist in recovery of funds.
  • Handle sanctioned payment escalations from payment operations, conduct investigations into potential hits and determine whether to release or report payments.
  • Assist with the development of new systems and controls, to include new rules and reporting functionality to address specific financial crime risks.
  • Assist with the validation automated and manual transaction monitoring systems and provide input on any updates required.
  • Build and maintain relationships with stakeholders across the business to meet role objectives and deliver key activities.
  • Support the Financial Crime Investigations Lead and others with ad hoc requests, projects or routine duties.

We are looking for motivated team players who are delivery focused and can suggest solutions as to how things can be done better, as we’re always looking to improve and do things differently. It is important that you have this mind-set too.