Risk Operations Analyst

Stream; Greater London; Hybrid; GBP 51,000 - 55,000; Part time

Job summary

Stream is seeking a Risk Ops Analyst for our UK Operations team. You will perform AML/KYC/KYB reviews, onboarding checks, and ongoing monitoring for a portfolio of clients to safeguard against financial crime.

The role reports to the Client Risk Manager and collaborates with Risk and Compliance teams. Key duties include due diligence checks, refresh/remediation, alert reviews, and liaison with sales to obtain proper documentation.

Qualifications

• Experience in AML/KYC/KYB due diligence and regulatory compliance.
• Ability to work in a process-driven environment with periodic changes.
• Strong organisational skills and ability to prioritise tasks.
• Proficiency with financial crime detection tools and open source data.
• Experience with BI systems and risk analytics is desirable.
• Understanding of FinTech regulation and consumer finance.

Responsibilities

• Perform client due diligence and enhanced due diligence per policies and regulatory guidelines.
• Execute KYB/KYC/CDD checks during onboarding and ongoing monitoring.
• Review client documentation and vendor data in proprietary systems.
• Assess screening alerts for sanctions/PEP matches and escalate as needed.
• Support audits and quality checks; assist with escalated issues for customer support.

Skills

AML/KYC/KYB

Process orientation

multitasking

Financial crime tools

BI systems

Communication skills

Google Suite/MS Office

Education

Bachelor’s degree

Certifications in AML (ICA/CAMS)

Tools

Experian Authenticate

Onfido

Dow Jones

CIFAS

CreditSafe KYC Protect

Dun & Bradstreet

Job description

Stream was founded with the mission to provide fair financial tools to the everyday worker. Offered through destination employers like Greene King, Bupa, Burger King, Asda and the NHS, our award-winning platform helps over three million people to earn, learn, save, spend and borrow on their own terms, all in one smartphone app.

Stream is unique: VC backed and growing at scale, but with a social conscience. Some of the world's leading impact funds were our founding investors, and we operate on a social charter, which means every product and service we create must measurably improve financial wellbeing.

You’d be joining a team of over 300 passionate, ambitious people across Europe and the USA, building a category-defining product, and united by that same mission.

The Role

The Risk ops analyst role is part of our UK Operations team. The analysts are responsible for reviewing and completing periodic reviews across our client and customer base - from both an AML and Credit perspective. Know Your Customer (“KYC”), Anti-Money Laundering (“AML”), all applicable laws and UK regulations and to safeguard Wagestream against financial crime risk.

The role responsibilities will also include completing Know Your Business(‘KYB”) for new and existing clients through onboarding AML checks and on-going monitoring. The Risk Ops Analyst will report into our Client Risk Manager and work closely with our Risk and Compliance teams.

Key Responsibilities

• You will conduct client due diligence and enhanced due diligence in accordance with internal policies, procedures and regulatory guidelines aligned to jurisdictions and/or client structures.

• You will conduct the KYB /KYC / CDD checks on clients that are part of the standard periodic review periods or outside of the standard cycles due to a change in client, regulatory or business requirements.

• You will perform client refresh/remediation through the review of client documentation, vendor databases and data entered into proprietary systems to ensure all requirements are met.

• Reviewing screening alerts to ensure that any positive matches against relevant sanctions and PEPs lists are dealt with appropriately and promptly.

• You will participate in internal/external audits and quality checks.

• Review alerts and on-going monitoring requirements for existing clients in line with KYB policies.

• You will liaise with sales/ client outreach teams to obtain and validate correct documentation to fulfil requirements.

• You will liaise directly with clients to obtain and validate correct documentation to fulfil requirements.

• Collaborate with cross-functional teams to upscale and investigate suspicious transactions or activities promptly.

• Offer advice and solutions to the Customer Support team on escalated issues.

Desired Skills / Experience

• Anti Money Laundering, Know Your Business/Customer/Client Due Diligence experience preferred or related fields (Compliance, Risk Management, Financial Crimes)

• You will have experience performing in a process-oriented production environment that changes periodically.

• You will have the ability to organise work, prioritise tasks and handle multiple assignments simultaneously.

• Proficiency in using financial crime detection tools and software (Experian Authenticate, Onfido, DowJones, CIFAS, CreditSafe KYC Protect) and open source data

• Experience in using business intelligence systems (Dun & Bradstreet)

• Understanding of and interest in Fintech, consumer credit, savings, and financial services regulation desirable

• Excellent verbal and written communications skills.

• Familiar with Google Suite and MS Office Suite (Excel/Word)

Nice to have job requirements

• Relevant certifications such as Certified Anti-Money Laundering Specialist (ICA/CAMS) or equivalent.

• Possess a bachelor’s degree or equivalent from a qualified university.

Contract Terms:

Temporary contract running until the end of the year.

Remuneration:

£275-300 per day

Location:

Hybrid working policy in our London office

At Stream we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our product and our community to flourish. Stream is an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity/expression, or veteran status.