Risk and Control Analyst (Financial Crime)

  • Location


  • Discipline:

    Risk Management

  • Salary:

    £35,000 - £45,000

  • Email:


  • Job ref:


  • Published:

    about 2 years ago

Our client is a leading bank who are looking for a Financial Crime Risk and Control Analyst. The role will be responsible for optimising, assuring and maintaining the financial crime prevention systems in place within the bank. The role will involve identifying and mitigating the financial crime risks posed to the business, through automated controls, processes and other applicable means.

Key responsibilities include:

  • Monitoring customer screening and transaction monitoring systems and controls
  • Work on the ongoing ‘tuning’ of system controls in place, specifically relating to customer screening and transaction monitoring
  • Identify gaps in financial crime controls, and recommend/develop mitigating solutions
  • Action the testing and proving of financial crime controls already in place, to prove their efficacy
  • Point of contact for financial crime system queries in the UK
  • System integration tests of patches, fixes and enhancements
  • Triage queries and defects relating to financial crime systems and controls, and liaise with relevant stakeholders where necessary
  • Work closely with first and second lines of control to ensure that systems and processes are in line with expectations, and address risks using a risk based approach
  • Maintain knowledge of financial crime typologies and developments
  • Maintain knowledge of financial crime systems and controls used by the bank, allowing for continuous improved performances

Key Requirements:

  • Experience of AML, KYC, Sanctions, Fraud and banking products and the UK regulatory environment.
  • Understanding of both the risk and technical aspects of financial crime controls relating to customer screening and transaction monitoring
  • Ability to understand technical systems, allowing for working with system syntax and other IT related challenges (such as extraction and loading processes, MI development, system calculations etc)
  • Ability to apply themselves to problem solving and analysing situations, delivering practical and compliant financial crime controls/solutions