Financial Crime Systems and Analytics Lead

Job Description

Elevation Accountancy and Finance are excited to be working with a fantastic business in the Chatham area as they look to recruit a Financial Crime Systems and Analytics Lead into their team on a full-time permanent basis.This role operates within Risk and Compliance Function, reporting to the Senior Financial Crime Risk Manager. The role develops the Groups’ Financial Crime surveillance technology for high-risk customer screening and transaction monitoring, providing technicaloversight and leads on surveillance technology innovation projects and change.KEY RESPONSIBILITIES

• Lead and manage projects that impact the surveillance technology, to ensure the business is provided with appropriate guidance to meet its Financial Crime obligations. Including formulating and developing requirements, data mapping, developing efficientand effective process and procedure workflows and controls. Implement harmonisation of surveillance strategies across product lines
• Identify and implement opportunities for process efficiencies and contribute to workflow/process change redesign
• Act as the data and configuration SME and lead on key refinement activities such as screening reviews from independent external parties; and investigate, analyse and review the effectiveness of the Transaction Monitoring rules
• Interrogation and manipulation of the Data Warehouse by creation of SQL code to deliver new metrics and reports to support 2nd line and Operational areas
• Manage and update the configurations and thresholds as well as any custom lists for the banks Surveillance Systems (VBL, Moneybarn and Gateway) and the auto alert closure process, via regular tuning to ensure regulatory compliance and optimum operationalefficiency
• Make risk-based proposals on new rules, settings, logic and thresholds in line with the Group’s commitment to identify, detect and prevent money laundering and terrorist financing
• Produce and present detailed reports to governance committees such as the Financial Crime Change Forum, which is attended by management up to SMF-level from 1st and 2nd line of defence, if changes and/or efficiencies are identified
• Design and implement key controls and procedures relating to Surveillance
• Accountable for producing and collating/reconciling statistics for the regulatory driven Annual MLRO report and the Financial Crime (REP CRIM) which is sent to the FCA
• Investigate data, find trends, forecast performance, present clear recommendations and concise results using aggregated data highlighting key trends, opportunities/risks and recommendations
• Identify new opportunities and improvements in current practices across the financial crime lifecycle through inquisitive and innovative analysis
• Mentor and develop more junior members of the team where needed.

KNOWLEDGE & EXPERTISE

• Experience leading and managing projects and initiatives, with strong data management skills, enabling you to understand, interpret, and present requirements in a simplified way and create structured overviews
• Experience and practical knowledge of using SQL, SAS or Python in an analytical role
• Strong ability to influence stakeholders of varying levels of seniority up to SMF level, and constructively challenge
• Ability to present technical issues in a manner that can be understood by non-technical audience
• Strong written and verbal communication skills and the ability to write clear and concise process and procedure documentation
• Identify and develop effective working relationships with key internal and external stakeholders, peers and adopt a collaborative way of working across functions
• The opportunity to lead and manage harmonisation of surveillance strategies across product lines
• Significantly contribute towards the effectiveness and efficiency of the bank’s Financial Crime surveillance strategy
• Deep practical knowledge of using SQL, SAS or Python in an analytical role.
• Excellent written and verbal communication skills, able to write clear and concise reports and influence, negotiate and constructively challenge
• Provident ability to effectively plan and organise work effectively and prioritise deadlines whilst working at a fast pace

EXPERIENCE & QUALIFICATIONS (EDUCATIONAL / PROFESSIONAL)

• Led and provided technical support on projects that are high profile or complex in nature.
• Banking or Consumer Credit experience within a Financial Crime environment. Good regulatory knowledge and awareness, including business implications
• A good working understanding and knowledge of the Financial Crime requirement on the bank, including Proceeds of Crime Act and Money Laundering Regulations, Data Protection Act
• Highly competent in all standard Microsoft Office applications and expert knowledge of Excel and able to demonstrate proficiency with formulae & VB Macros
• Degree level or equivalent in a quantitative subject such as Mathematics, Statistics, Operations Research or Computer Science
• Preferably have a qualification in Financial Crime Prevention and/or AML

Please apply today!