Financial Crime, Business Banking Lead / Lead Analyst

Monzo Bank; London; Remote; GBP 86,000 - 125,000; Full time

Job summary

A leading bank is seeking a Financial Crime Business Banking Subject Matter Expert to enhance their strategy for Business Banking. In this key role, you will leverage your expertise in financial crime risk management to develop robust systems while leading cross-functional teams and influencing decision-making. The position offers remote work flexibility within the UK and an annual salary of £86,000 - £125,000 along with comprehensive benefits.

Benefits

Flexible working hours

£1,000 learning budget annually

Support for home office setup

Qualifications

• Significant knowledge of Financial Crime risks in Business Banking.
• Experience with product managers and engineers.
• Flawless written English and effective communication skills.

Responsibilities

• Own strategy for financial crime prevention in Business Bank.
• Develop detection capabilities alongside data scientists.
• Build relationships with Fincrime and Fraud experts.

Skills

Stakeholder management

Financial crime risk management

Data analysis

Job description

Remote (UK) | £86,000 - £125,000 + stock options + Benefits | Hear from the team

Our Financial Crime team

We’re looking for a brilliant Financial Crime Business Banking Subject Matter Expert to drive forward our strategy for Monzo’s Business Bank. You’ll be the FinCrime lead in a cross-functional team that builds and iterates controls to maximise financial crime prevention while delivering best in class customer experience. This is an Individual Contributor (IC) role, meaning you won't have any people management responsibilities (at least for now), instead you'll be leading through your expertise and be the 'go-to' person in this space

We need someone who really understands the Financial Crime regulatory framework and typologies for Business Banking, and has expert knowledge in how to develop controls to ensure Monzo remains compliant and can most effectively detect and prevent all types of Financial Crime. You’ll be an exceptional stakeholder manager, bringing others along on a journey to deliver huge impact.

You should know that we fight Financial Crime a little differently at Monzo. You’ll work in a team with dedicated Financial Crime engineers, data scientists and machine learning experts, which helps us to spot, assess and prevent crime quickly. We choose not to split out different areas of crime, either. Instead we tackle all Financial Crime together as one team. That includes AML, fraud, sanctions breaches, terrorist financing, bribery and corruption and tax evasion.

You’ll play a key role by...

• Owning the strategy for development of financial crime preventing systems for Monzo’s Business Bank
• Leading a team of specialist Fincrime risk owners to implement our fincrime strategy across the Business Bank as it develops new products and expands to new markets
• Developing strategic relationships with Fincrime and Fraud experts, Business product owners and Senior Execs to provide expert Fincrime knowledge and help define business requirements
• Suggesting, developing, implementing and monitoring industry leading fincrime detection capabilities alongside data scientists, machine learning experts, product management and engineers across multiple teams
• Providing expert knowledge to support the development of Fincrime systems to effectively manage Business Banking risks in multiple jurisdictions
• Building a close relationship with our Fincrime operations teams, ensuring sufficient communication and knowledge sharing on risks
• Defining and interpreting key measures and metrics on the performance of key systems and reporting this to relevant committees on an ongoing basis
• Identifying the highest priority issues or problem areas and working with other members of the Fincrime Team to drive forward solutions.

We’d love to hear from you if…

• You have significant knowledge of how to manage Financial Crime risks in a mix of Business, Commercial and Corporate banks
• You have been involved in the implementation of policies and procedures for Business-specific products and features
• You have worked with mature Fincrime systems to effectively manage risks across different products in different locations
• You’ve got experience working closely with product managers, engineers, data scientists and identifying operational requirements
• You have experience of leading a wide range of Fincrime professionals and technical experts
• You are passionate about Fincrime, Monzo and putting customers first
• You enjoy working efficiently in a fast-paced, high-volume environment and thrive when there’s ambiguity
• You're great at explaining processes and complex technical requirements to people, and have flawless written English
• You’re keen to get stuck in and make things happen, without waiting for someone else or always needing to delegate
• You’re comfortable working with data and using it to come up with recommendations

What’s in it for you

This role can be distributed within the UK, with occasional travel required to the London office.

We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team.

£1,000 learning budget each year to use on books, training courses and conferences.

We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup.

Plus lots more! Read our full list of benefits.

The application journey has 3 key steps

• Intro call with a member of the hiring team
• Initial call with the hiring manager
• 2-part Technical and Stakeholder interview with members from the wider team

This process should take around 2-3 weeks - your schedule is really important to us, so we promise to be as flexible as possible!

We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo You can read them here.

You’ll hear from us throughout the application process, but if you’ve got any questions, please reach out to [e-mail] You can also use this email address to let us know if there’s anything we can do to make the process easier for you because of disability, neurodiversity or anything else.

We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out.

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