Financial Crime Operations Analyst - 6 Month Fixed Term Contract

Wealthtime; Bath; Hybrid; GBP 42,000 - 64,000; Full time

Benefits offered by this job

Hybrid working

Yearly bonus

34 days holiday

Private medical

Pension scheme

Season ticket loan

Career progression

Recognition program

Job summary

Wealthtime in Bath is seeking a Financial Crime Operations Analyst to support regulatory compliance and the first line of defence. This role will be on an initial 6 month fixed term contract basis, handling KYC/KYB checks, due diligence, and MI reporting while collaborating with compliance and external partners.

You will contribute to monitoring, QA, and customer-focused outcomes as part of a hybrid working team. A strong data analysis background and attention to detail are essential.

Qualifications

• Interest in developing a career in financial regulation and working knowledge of Consumer Duty.
• Data analysis skills with the ability to identify trends and insights from complex data sets.
• Proficiency in MS Excel and other MS Tools.
• Strong attention to detail with the ability to work independently and under pressure to meet tight deadlines.

Responsibilities

• Regulatory Compliance and Investigations: Complete initial KYC & KYB checks on clients and advisers; verify legitimacy of business entities; execute rectification duties.
• Process Monitoring and Analysis: Monitor outcomes, ensure adherence to processes, assess distribution chain performance, escalate non-compliance.
• Fund Manager Due Diligence: Handle due diligence requests, collaborate with stakeholders to complete tasks, assist onboarding of new funds.
• MI Analysis and Reporting: Analyse MI, conduct QA of outcomes, manage findings and customer notifications as needed.
• Collaborations and Communication: Act as consumer advocate, work with external parties and compliance functions to align messaging.

Skills

Financial regulation

Data analysis

MS Excel

Attention to detail

Independent working

Prioritisation

Tools

MS Excel

Job description

About Us

Wealthtime is an award-winning investment platform that helps advisers deliver the best outcomes for their clients, bringing together smart technology and expert support. In the last year, we’ve taken bold steps to future-proof our proposition, entering a strategic partnership with Wipro and strengthening our relationship with GBST. This 10-year partnership guarantees automatic annual upgrades ensuring we’re always on the very latest technology, enhanced functionality, improved security, and regulatory resilience.

With over £12 billion in assets under administration and a growing team of more than 100 professionals, we’re building something truly exceptional.

Our culture is driven by three core behaviours - Seek Opportunity, Nurture Each Other, and Simply Get Going - empowering our people to innovate, collaborate, and create meaningful impact every day.

Wealthtime is part of Quanta group, a next-generation financial services Group, providing a full wealth management service through three core businesses - Wealthtime, Copia Capital Management and Craven Street Wealth.

About The Role

This role sits within the Financial Crime Operations Team. The Financial Crime Operations Analyst plays a crucial role in ensuring Wealthtime’s compliance with regulatory requirements by supporting Wealthtime’s first line of defence responsibilities. You will be instrumental in supporting the first-line function, helping to document and enforce compliance across the Business.

This role involves acting as a key point of contact for ensuring that relevant regulations are adhered to.

This role will be on an initial 6 month fixed term contract basis.

Key Responsibilities

Regulatory Compliance and Investigations

• Complete initial KYC & KYB checks on clients and advisers.


• Verify the legitimacy of Business entities by researching ownership structures, beneficial owners, and associated individuals.


• Execute rectification duties as needed, ensuring prompt and accurate resolution of issues.

Process Monitoring and Analysis

• Monitoring outcomes provided to Clients, ensuring adherence to established processes and identifying any potential risks.


• Assess outcomes across the distribution chain, escalating any instances of poor performance or non- compliance.


• Evaluate the fairness of value provided to customers by all participants in the distribution chain.

Fund Manager Due Diligence

• Manage requests from Fund Managers that are performing due diligence on Wealthtime.


• Collaborate with internal stakeholders to complete due diligence requests in a timely manner.


• Assist in the onboarding of new funds by providing SME support in relation to due diligence requirements.

MI Analysis and Reporting

• Analyse MI to monitor compliance with internal and regulatory requirements among Business partners.


• Conduct oversight reviews and quality assurance (QA) of outcomes delivered, ensuring consistency and high standards.


• Manage and deliver findings from assessments, including customer notifications where necessary.

Collaborations and Communication

• Serve pro-actively as a consumer advocate within the Business, ensuring customer-centric decision-making.


• Collaborate with external parties to understand and assist with change in Financial Crime and due diligence functions.


• Collaborate with compliance functions to maintain consistency in compliance messaging.

Given this is a new and evolving role, you will be required to undertake other activities and that fall within your capabilities as directed by management. As the role develops and is embedded, additional responsibilities may be required.

About You

Specialist Skills, Qualifications and Experience

Essential

• An interest in developing a career in financial regulation and working knowledge of Consumer Duty.


• Data analysis skills with the ability to identify trends and insights from complex data sets.


• Proficiency in MS Excel and other MS Tools


• Strong attention to detail with the ability to work independently and under pressure to meet tight deadlines.

Desirable

• Flexibility and strong prioritisation skills, allowing you to adapt to changing Business needs.


• Background in due diligence and/or data analysis, with involvement in oversight, onboarding or distributor-related activities.

Rewards & Benefits

• Competitive Compensation: We offer a competitive salary that reflects your skills and contributions.


• Hybrid Working: Enjoy the flexibility of a hybrid work model, balancing the comforts of home with the camaraderie of the office.


• Yearly Discretionary Bonus: Look forward to a yearly discretionary bonus as a token of appreciation for your dedication.


• Generous Holiday Package: You'll receive 34 days of holiday per calendar year, including bank holidays. Plus, we offer the option to purchase or sell up to 5 additional days per year, tailoring your time off to suit your needs.


• Wellbeing at Heart: We understand the importance of your well-being, which is why we offer a Wellbeing day, allowing you to take a break when you need it most, whether it's for your birthday, moving house, or simply pampering yourself.


• Professional Growth: We’re committed to your professional development and will support and encourage your career advancement.


• Comprehensive Health: You and your family's health is a priority for us. We provide a Private Medical scheme that can be extended to full family coverage, an Income protection scheme, and a Life assurance scheme.


• Financial Security: Prepare for your future with our Group contributory pension scheme.


• Travel with Ease: We offer interest-free season ticket loans to help with travel costs.


• Giving Back: You can participate in our Wealthtime Foundation Day to support charitable activities.


• Opportunities for Growth: We actively promote internal progression, so your journey with us can take you from agent to team leader and beyond.


• Recognition Matters: Our excellent in the moment recognition scheme ensures your hard work is acknowledged and celebrated.

Wealthtime is an equal opportunities employer that places high value on a diverse and inclusive workplace. We recognise that people work in different ways, appreciate alternative viewpoints, celebrate individuality, and cultivate a culture where everyone can be their authentic selves at work. We are deeply committed to fostering a diverse workforce and welcome applications from individuals of all backgrounds, beliefs, cultures, gender identities, ethnicities, sexual orientations, abilities, and long-term health conditions.