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Senior Financial Crime Operations Analyst



IT, Accounting & Finance, Operations
London, UK
Posted on Wednesday, July 26, 2023
Operations · London · Hybrid Remote

Senior Financial Crime Operations Analyst

As a Senior Financial Crime Operations Analyst you will act as the right hand to our Head of Financial Crime. You will be a major point of contact for this team internally and externally.

We usually respond within two weeks

The opportunity

Shieldpay are looking for a Senior Financial Crime Operations Analyst to join our Financial Crime Operations team .

The role will require you to assist with the authorising and editing of financial crime operational procedures, operational process collateral and track progress made on the implementation of enhancements to the financial crime framework. This role will work closely with the second line Compliance team to ensure all processes and associated documentation are in order to mitigate any financial crime risks posed to the business. Occasionally this role will be required to support the operational team with the onboarding and ongoing monitoring of complex financial crime cases.

    What you’ll be doing

    • Work with Compliance to enhance the business wide financial crime risk assessment.
    • Work with the Head of Financial Crime to implement controls required as a result of the Financial Crime Risk Assessment.
    • Author and enhance procedures relating to Financial Crime Operations activities.
    • Ensure these procedures mitigate financial crime risks and work with the Compliance team to have them reviewed and signed off by relevant stakeholders.
    • Track and report to senior management and the board on enhancements to the Financial Crime framework.
    • Ensure procedures are kept up to date and manage the ongoing review of first line procedures and controls.
    • Working with Reg Tech providers to understand their offerings and how they can meet the requirements of the business to enhance our first line controls and product offerings.
    • Work with IT to enhance the financial crime operations systems by writing requirements and work with IT on refinement of IT capabilities.
    • On occasion, perform KYC on a wide range of client types and risk, in particularly enhanced due diligence, complex ownership, etc and perform Quality Checks (QC) on KYC files completed by members of the team
    • Act as an escalation point for the Financial Crime Operations team and deputise for the Head of Financial Crime when necessary.

      What we're looking for in you

      • Expert knowledge of KYC/Compliance/AML standards at UK regulated financial services company.
      • Can effectively understand financial crime risks posed to financial services companies and design and implement operational procedures to mitigate these risks.
      • Knowledge and understanding of payment schemes and regulatory regimes.
      • Demonstrated experience of due diligence in onboarding/KYC refresh of financial services and products.
      • Knowledge of multiple complex client types (i.e., Corporates, Non-Banking Financial Institutions, Funds, Non-Operating/Asset Holding Companies/SPVs, Organisations, Publicly Traded Companies, Trusts)
      • Strong written and oral communication skills with experience of conflict resolution and ability to influence internal and external stakeholders
      • Strong attention to detail
      • Proactive and flexible approach to personal workload and wider team targets
      • Ability to work under pressure and to fixed deadlines
      • Effective at managing time appropriately and organising workload for maximum productivity
      • Logical, structured approach to planning, problem solving and decision-making
      • Independent, self-motivated, with an ability to adapt and be flexible in a team environment

      Our promise

      Shieldpay is an equal opportunities employer. For Shieldpay building a fair and transparent workforce begins with the recruitment process that does not discriminate on the grounds of gender, sexual orientation, marital or civil partner status, pregnancy or maternity, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.

      Remote status
      Hybrid Remote
      Employment type
      Employment level


      Workplace & culture

      Our team is filled with ambitious, curious and entrepreneurial people. We hire and nurture inquisitive, creative minds looking to flourish in a supportive and collaborative environment, recognised by being placed within the top 50 startups to work for in 2021 by Tempo.

      We don’t like old fashioned corporate hierarchy. Instead we like to empower our people to make a change and be autonomous in their role with all the support you need with the other teams around you.

      About Shieldpay

      Shieldpay Limited: Is Authorised and regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Reference number 770210) as an authorised payments institution. Shieldpay is a company providing simple and transparent payment solutions across the legal, financial, and professional services industries. The firm offers Third-Party Managed Accounts, Escrow facilities and payment agent services.

      Shieldpay Trust Services Limited: Is registered with HMRC as a trust service provider (Reference XPML00000158706) and provides the services as a corporate trustee to the beneficiaries of the trust, established by deed, in connection with escrow transactions.

      Registered Address for our Group Companies is 3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT.

      Founded in 2016
      Coworkers 95
      Operations · London · Hybrid Remote

      Senior Financial Crime Operations Analyst

      As a Senior Financial Crime Operations Analyst you will act as the right hand to our Head of Financial Crime. You will be a major point of contact for this team internally and externally.

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