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Senior Financial Crime Data Analyst

Manchester/Remote
CR3

Contract: Permanent opportunity

A career that makes a difference

The Co-operative Bank has been rooted in distinctive co-operative values and ethics, underpinning how we run our business and providing customers with a real ethical alternative for 150 years. 2022 marks our 150th anniversary of ethical banking, we remain committed to our co-operative heritage, and values in all that we do. It is our unwavering commitment to these values and our unique customer-led Ethical Policy, which has made us a natural leader in environmental and social issues today, resulting in the bank being rated as the UK’s best Environmental, Social and Governance (ESG) rated high street bank by leading ESG ratings agency Sustainalytics.

We have pioneered the banking industry on ethical issues for 150 years, but we know there is more to do. There has never been a more pressing time for our bank to focus our efforts on causes that matter to our customers and colleagues. So why not join the UK’s original ethical bank in our values, ethics as we continue our ambitions to lead the industry on environmental and social issues in 2022 and beyond.

Role:

Are you a passionate data analyst or financial crime analyst looking to progress your career? You’ll undertake a full range of analytical and fraud/AML mitigation activities, including providing expert technical advice, to ensure that financial crime risks are effectively managed in line with business plans.

Key Accountabilities:

• Recommend, implement and maintain specific financial crime detection strategies for all products and channels including score cut offs, policy rules and model strategies

• Pro-actively review performance using analytics, managing data selection, data processing and model development techniques to define, test and recommend challenger strategies to enhance system and operational performance.

• Support the Risk Specialists to manage third party relationships by monitoring and reporting performance of partner system performance to maintain at optimum level

• Support the daily / weekly refresh of profiling rules to maintain individual and system performance.

• Monthly analysis reporting and KPI’s covering all prevention and detection systems.

• Define, build and maintain specific end user system solutions and risk reports to react rapidly to changing threats and risk profiles

• Monitor industry trends in financial crime transaction risk to review current internal strategies, define and recommend challenger strategies to minimise impact

• Regularly monitor and measure the contribution / benefit of all component parts of the anti fraud and money laundering systems strategy and report the marginal benefit of each component

Skills, Experience, and Knowledge:

• Proven ability to define and build models and extract appropriate data using tools such as SAS, SPSS and other appropriate tools

• Broad knowledge of the financial market place and the legislative and regulatory issues affecting Financial Crime.

• Ability to produce detailed and accurate information on a timely basis

• Ability to deal with a range of tasks, can work on own and prioritise workload

• Ability to mentor and support other members of the team

• Ability to analyse information / lead analysis effectively and create solutions to business issues. Ability to communicate effectively with the team and others on a range of technical/analytical information both written and verbally

• Proven experience of building relationships with third party suppliers

• Experience of managing change and implementation of new systems

• Previous relevant experience of Financial Crime Management or Credit and Risk

• Proven presentation and listening skills, communicate appropriately at all levels, able to communicate complex technical information to differing audiences

What you can expect from us:

• 27 days’ holiday at start, rising to 30 days
• Competitive pension / income protection / life assurance
• 2 paid days for volunteering per year
• Positive working environment in contemporary offices
• Strong career path within Financial Services
• Family friendly policies and supportive working environment
• Recognition scheme and a culture in which we celebrate success
• Colleague network groups committed to inclusion and diversity within our Bank.

We look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life. If you have a disability as defined by the 2010 equality act please let us know on your application.

As a reputable employer regulated by the Financial Conduct Authority, all offers of employment for this role are subject to a series of background checks, including criminal (DBS) and financial checks.

Please note we may withdraw this vacancy once sufficient applications have been reached.