Senior Analyst - AML Transaction Monitoring

Salary starting from £43,680 + annual bonus & benefits Edinburgh/Glasgow/Newcastle Permanent Our roles are hybrid, however you should be able to travel to our Edinburgh or Glasgow office, 1 day per month for this position. Applications close on 4th June at 5pm A career that works for you We’re looking for a Senior Analyst to join our AML Transaction Monitoring Team within Banking Risk, here at Tesco Bank. This is an exciting time to join the team as we continue to tackle the Anti-Money Laundering and Fraud threats in the ever-evolving landscape in which we operate. You’ll have the opportunity to adapt and influence our Transaction Monitoring system and Customer Risk Assessment models to ensure that Tesco Bank remains compliant with the current AML obligations. You will be responsible for maintaining these systems and the associated rulesets as well as analysing transactional and customer data to ensure that controls are optimised to detect financial crime. This is an exciting role, in a small dedicated team, which will offer you the opportunity to develop both your subject matter expertise in financial crime as well as your technical data analysis skills. You will also have the opportunity to get involved with Fraud Detection strategies, supporting colleagues in the wider Fraud and AML Team. Within Banking Risk we are passionate about supporting colleagues development and career progression. All colleagues are encouraged to dedicate time to their personal development plans and are supported with opportunities to get involved in both department and bank wide initiatives. We also have a big focus on both wellbeing and ways of working within the team, being flexible to support a healthy work/life balance. Please note - the formal job title for this role will be Fraud and AML Senior Analyst What you’ll be doing • Collaborating with your team members to support the ongoing performance of the Transaction Monitoring systems and Customer Risk models, ensuring that Tesco Bank remains compliant with the current AML obligations. • Using your SME knowledge to extract data and produce high quality, accurate, and insightful analysis to support changes of and refinements to our Transaction Monitoring Systems, using clear and concise commentary to draw out key messages. • Collaborating positively and constructively with a range of stakeholders to promote understanding and commitment. Stakeholders include teams within the Nominated Reporting Office and Fraud and Financial Crime colleagues across our wider first- and second-line teams, as well as Value Stream and Technology colleagues. • Agreeing prioritisation of workstack items to ensure that tasks are completed within agreed timescales and escalating where agreed timescales can no longer be met. Planning and organising own workload and taking account of any dependencies on others. • Acting as a team member supporting change initiatives by providing analysis or monitoring progress with guidance from a project/team manager. We need you to have • Experience of working in a financial crime environment with expertise in analysing customer behaviour and making risk-based decisions. • An understanding of data analysis tools and methodologies with the ability to develop business and technical solutions. You'll also need experience of managing mitigating action plans to address operational risk. • Experience in rule writing for a fraud/financial crime systems such as FCRM. • Proficiency in SAS or SQL, and Excel are essential. And if you have any of these, even better • A background in financial crime with knowledge of common banking products and their usage • An understanding of financial crime risk typologies and methods of statistical analysis and an understanding of technology governance • An awareness of regulatory frameworks and specialist Screening systems. • Strong communication and collaboration skills with internal and external stakeholders We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us. What’s in it for you • Prepare for your retirement with our colleague pension scheme. • Private Medical Insurance (WL2+) and virtual GP Service you and your family 365 days a year. • Performance related annual bonus. • Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more. • Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday (worth up to 2K). As an added perk, we’ll give you a second card to share with someone else. • Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave. • A place to get on - take advantage of our ongoing learning opportunities and training, to help you achieve the job and career you want. • Take part in our Buy as you Earn and Save as your Earn share schemes. Everyone’s welcome We want all our colleagues to always feel welcome and be themselves at Tesco Bank. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day. Role Alignment Following the announcement regarding Tesco's' strategic partnership with Barclays, this role will support our banking business and will transfer to Barclay's UK towards the end of 2024, subject to regulatory approval. Please note, the transfer date may change. #LI-LC2