Economic Crime Risk Governance & Risk Analyst | S2 | Risk & Compliance | Milton Keynes or Glasgow |

Santander; Milton Keynes; On-site; GBP 38,000 - 57,000; Full time

Benefits offered by this job

Competitive rewards

Wellbeing programme

Family leave

Volunteering opportunities

Global career growth

Job summary

Santander is seeking an Governance & Risk Analyst in Economic Crime Risk for Milton Keynes or Glasgow. The role supports the Financial Crime Compliance agenda, focusing on enterprise risk assessments and external regulator reporting, with senior stakeholder interaction.

The position requires risk assessment experience, project delivery ability, strong Excel skills, and knowledge of REP-CRIM or similar reporting. Hybrid/FTC terms apply, with salary range noted.

Qualifications

• Experience with risk assessment methodologies and their implementation, especially in financial crime contexts.
• Experience supporting project delivery in a complex organisational structure.
• Experience in Financial Crime across different areas of financial services.
• Knowledge of REP-CRIM or other external reporting.
• Good knowledge of regulatory framework of UK financial services and Santander strategy.

Responsibilities

• Manage end-to-end delivery of annual Risk Assessments (FC EWRA and Group FCC RCSA).
• Coordinate annual REP-CRIM reporting to FCA; maintain the approach document; perform Line 2 checks and final submission.
• Maintain FC EWRA methodology and tools in line with regulatory expectations and policies.
• Coordinate effective Line 2 check and challenge of risk inputs.
• Create and maintain procedural documents.
• Prepare progress and risk/issue updates for senior management.

Skills

Risk assessment experience

Project delivery experience

Financial Crime experience

REP-CRIM knowledge

Regulatory knowledge UK financials

Santander familiarity

MS Excel

Tools

MS Excel

Job description

Economic Crime Risk Governance & Risk Analyst | S2 | Risk & Compliance | Milton Keynes or Glasgow | Internal Mobility

Country: United Kingdom

IT STARTS HERE

Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organisation, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what's possible.

This is more than a strategic shift. It's a chance for driven professionals to grow, learn, and make a real difference.

Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

THE DIFFERENCE YOU MAKE

Economic Crime Risk

Governance & Risk Analyst based out of Milton Keynes or Glasgow. 9 Month - FTC

As a Governance & Risk Analyst in Economic Crime Risk, you will support the delivery and execution of the strategic Financial Crime Compliance Agenda, with a focus on execution of the Financial Crime Risk Assessment capabilities (Financial Crime Enterprise-Wide Risk Assessment and Group Financial Crime Risk Assessment) and delivery of external Financial Crime reporting to the regulator (REP-CRIM).

You will provide expertise to internal senior stakeholders and will support as well as work in partnership with other functions and business areas to ensure adherence to relevant risk assessment and regulatory reporting requirements.

You will analyse and interpret large volumes of information, use alternative sources in order to validate and provide effective challenge, and be able to identify key takeaways and present these in succinct executive summaries for senior stakeholders.

We're shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for:

• Supporting the programme management of the end-to-end delivery of the annual Risk Assessments, including FC EWRA and Group FCC RCSA.
• Managing the coordination of the annual REP-CRIM reporting to the FCA, maintenance of the approach document, responsibility for Line 2 quality checks and final submission.
• Supporting the maintenance of SAN UK Financial Crime Enterprise-Wide Risk Assessment (FC EWRA) methodology and associated tools in line with regulatory expectations, SAN UK Financial Crime policies and industry best practice.
• Supporting and coordinating effective Line 2 check and challenge of risk assessment and reporting inputs.
• Creating and maintaining procedural documents.
• Preparing progress and risk and issue updates for senior management.

WHAT YOU'LL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We're enabling teams to go beyond by valuing who they are and empowering what they bring.

The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Professional Experience

• Experience and understanding of Risk Assessment methodologies and its implementation, ideally in a financial crime context. (Required)
• Experience of supporting project delivery in a complex organisational structure. (Required)
• Experience of working in Financial Crime across different aspects of financial services. (Preferred)
• Knowledge and experience of REP-CRIM or other external reporting. (Preferred)
• Good knowledge and understanding of regulatory framework of UK financial services, industry trends and best practice. (Preferred)
• Good understanding of the financial services industry, the political and economic environment and Santander strategy and initiatives. (Preferred)

Hard Skills

• Strong MS Excel skills. (Required)

Soft Skills

• Excellent attention to detail; analytical, interpretation, influencing and communication skills; with an ability to communicate and network effectively to influence management and external parties. (Required)

WE VALUE YOUR IMPACT

At Santander, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return.

Here, recognition goes beyond pay. It's about the pride you feel in your work, the impact you have on customers and communities, and the opportunities you have to grow and thrive - personally and professionally.

Salary Range:

£37,762.00 - £56,642.00 per annum (depending on experience)

This salary range represents the expected remuneration for the role. Annual salary is based on a standard 35-hour working week. Actual salary offered will depend on skills, experience, qualifications and location.

• Competitive rewards that reflect the real impact you make and the value you bring.
• Wellbeing that goes beyond work - we work with a range of wellbeing partners across our 4 pillars of wellbeing (physical, mental, social and financial) to give you access to a suite of apps, discounted gym and fitness access, weekly online classes, flexible healthcare and mental health support.
• Support for every life stage - from menopause and pregnancy to parenthood and beyond, with enhanced family leave, childcare options and tailored wellbeing support.
• Time to give back through volunteering opportunities that let you make a difference in the communities we serve.
• Global growth opportunities to shape your career, learn new skills and explore what's possible across our international network.

Ready to be recognised? It starts with you.

LOCAL COMPLIANCE

At Santander, we're proud to be an inclusive organisation that provides equal opportunities for everyone - regardless of age, gender, disability, civil status, race, religion or sexual orientation.

We're committed to creating a recruitment experience that's accessible, fair and welcoming for all candidates.

We want our people to thrive - at work and at home - while delivering the best outcomes for our customers and supporting each other to grow.

To make this possible, our roles are site-based with a hybrid working pattern, where colleagues are expected to attend the office at least 12 days per month (pro-rata for part-time roles).

When applying, please consider the travel distance, time and cost to your chosen office location(s).

We welcome applications on the understanding that, should you be offered this role, there may be no relocation package available. Santander will pay the employer mandatory government fees that are required to pay in connection with visa sponsorship. You may be liable for your own personal employee immigration and relocation costs.( Only applicable for roles that are eligible for sponsorship)

IMPORTANT INFORMATION FOR INTERNAL APPLICANTS:

SECONDMENT OR FTC ROLES:

• If you are currently employed by Santander UK plc on TSB Legacy terms and choose to apply for this Santander fixed term vacancy, please be aware that, if successful, you will move onto full Santander terms and conditions of employment and will no longer be part of the TSB Legacy population with effect from the start date of your new role. Please also note that if the role you accept is a secondment role, this change will also apply to your substantive/home role (i.e. the role to which you would normally return at the end of your secondment): you will no longer be TSB Legacy for either your secondment role or your substantive/home role with effect from the start date of the secondment role. If you have any questions about what this means, you should raise them during the application process or log a ticket with Ask HR.

• If you are currently employed by TSB and the role you accept is a secondment role (rather than a fixed term contract), this will not impact the terms and conditions of your substantive/home role (and you will remain employed by TSB on your current terms and conditions until your employment transfers to Santander under TUPE).

If you want to know more about the opportunity:

Please contact Urte Karnatkaite - [e-mail]

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