Lead Financial Crime Analyst, Business Banking

Monzo; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An innovative firm is seeking a Lead Financial Crime Analyst to enhance their Business Banking strategy. This role involves collaborating with a dedicated team of specialists to develop cutting-edge financial crime prevention systems. You will leverage your expertise to ensure compliance while delivering exceptional customer experiences. The ideal candidate is passionate about financial crime prevention and thrives in a dynamic environment. Join a forward-thinking company that prioritizes diversity and inclusion, and make a significant impact in the financial sector.

Benefits

Flexible Working Hours

£1,000 Learning Budget

Company Macbook

Work-from-home Setup Support

Qualifications

• Expert knowledge in Financial Crime controls and compliance.
• Experience managing risks in Business Banking environments.

Responsibilities

• Lead strategy for financial crime prevention systems.
• Develop relationships with Fincrime and Fraud experts.

Skills

Financial Crime Regulatory Framework

Stakeholder Management

AML

Fraud Prevention

Data Analysis

Education

Degree in Finance or Related Field

Tools

Machine Learning

Data Science

Job description

Lead Financial Crime Analyst, Business Banking

Cardiff, London or Remote (UK)

We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking.

With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!

We’re not about selling products - we want to solve problems and change lives through Monzo ️

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.

• 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.
• 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.

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.

#LI-MY1l #LI-REMOTE

Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog , 2023 Diversity and Inclusion Report and 2024 Gender Pay Gap Report.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.

If you have a preferred name, please use it to apply. We don't need full or birth names at application stage

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