Financial Crime Analytics Consultant - Transaction Monitoring and Fraud

Capitex; City Of London; On-site; GBP 45,000 - 60,000; Full time

Job summary

A financial services firm is looking for a Financial Crime Analyst to drive financial crime analysis and fraud prevention strategies. The role requires a minimum of 3 years' experience in financial crime, with advanced skills in data analytics tools like Excel and Power BI. Candidates will implement detection tools, analyze trends, and prepare performance reports for internal reviews. This is a critical role in ensuring effective fraud mitigation while maintaining customer service.

Qualifications

• Minimum of 3 years Financial Crime experience in relevant sectors.
• Advanced proficiency in Excel, VBA, Power BI, and MS Access.
• Analytical skills for data manipulation and interpretation.

Responsibilities

• Implement the financial crime detection and prevention strategy.
• Maintain the risk engine and improve fraud detection rules.
• Identify fraud trends and apply data-driven solutions.
• Monitor supplier data and assess fraud model performance.
• Prepare MI material for business reviews.

Skills

Financial Crime experience

Excel proficiency

Data analytics

VBA knowledge

Power BI usage

Tools

Excel

Power BI

MS Access Database

Job description

Overview

Responsible for performing financial crime analysis activities across all channels, driving MI and fraud modelling development. Implement, maintain and develop existing financial crime detection tools to improve detection, mitigate fraud losses and minimise genuine customer disruption.

Support and deputise for the Financial Crime Manager as delegated. Project and SME representation – e.g. defining requirements, functionality testing.

Main responsibilities

This section describes the ‘areas’ of responsibility (max. 6)

Responsibilities

• Ø Ensure the financial crime detection, prevention and analytics strategy is effectively implemented, thorough analysis is continuously undertaken and failure and risk is reported.
• Ø Ensure the risk engine is maintained and rules performance is continuously assessed and improved to meet the continuously evolving challenge from fraudsters.
• Ø Identify fraud & financial crime trends and solutions, feeding back to the Financial Crime Manager.
• Ø Identify opportunities to use data driven solutions, analytics and automation to prevent financial crime, optimise processes and reduce costs.
• Ø Interpret supplier and third-party data to monitor the performance of internal and third party fraud models (FIS/Adyen), escalate and resolve related issues.
• Ø Represent the Financial Crime Team at internal business reviews and provide SME support on assigned projects. This includes the preparation and presentation of supporting MI material.

Qualifications

• Minimum of 3 years Financial Crime experience gained in an online, ecommerce, banking, or merchant services business.
• Advanced, proven proficiency in the use of Excel, VBA, Power BI, MS Access Database.
• Highly analytical and numerate, competent in analysing and manipulating data.
• Experience in data analytics.
• Experience of using and maintaining a fraud rules engine.