AML Analytics Lead

Location: United Kingdom
Department: Customer (Member) Operations
Posted: December 9, 2024

AOBUT THE TEAM 

Exciting opportunity for an experienced leader to work in our Ongoing Monitoring team. As a member of the team, we're looking for someone who is passionate about customer experience and fighting financial crime and wants to help drive our business forward as we continue to grow and expand in new markets.

Ongoing Monitoring sits in our first line of defence (1LOD) operations’ department, responsible for monitoring the activity of our SME customers (‘members’) for the purpose of preventing, detecting and reporting sanctions, money laundering, terrorism financing, tax evasion, bribery and corruption, money mules and fraud. 

It's an opportunity to work with an amazing team across multiple geographies, including analysts, team leaders, product and engineering managers, data scientists and operations managers. The role has exposure to many senior stakeholders across the business and is at the heart of what we do to protect our customers. 

ABOUT THE ROLE 

As the Anti-Money Laundering (AML) Analytics Lead, you will be responsible for leading and developing comprehensive strategies to mitigate money laundering and terrorist financing risks. You will oversee the design, implementation, and optimisation of AML prevention measures to safeguard our customers and uphold the integrity of our services. This will involve both building a team of analysts, as well as working closely with the other functions across our first line of defence teams, in particular Product, Engineering and Data Science.

You will be responsible for ensuring we meet KPIs relating to AML performance within the organisation, and have exposure at the most senior levels within the organisation to discuss AML performance. This will involve engaging directly with internal and external stakeholders, including regulatory representations when necessary.

As a member of Tide’s Ongoing Monitoring team you will aim high, embrace challenges and always do what’s right; acting with integrity and building trust as you contribute to the company’s technical direction and long term decision making.

Reporting to the Head of AML, you will:

• Work in a collaborative and cross-functional way to identify, quantify and own complex data driven business decisions to reduce our exposure to financial crime
• Manage junior team members and be responsible for their workload and growth
• Develop and manage the Transaction Monitoring programme and use of data to optimise and improve the way we use transaction monitoring to combat financial crime
• Lead initiatives to create a sustainable global framework for managing Transaction Monitoring program across new growth geographies (Eg: Europe)
• Work collaboratively with a wide range of stakeholders across the entire business to prioritise and translate compliance and business requirements into innovative solutions
• Identify improvement opportunities to current business processes, create and own the transaction monitoring analytics roadmap
• Build relationships with senior leadership and articulate the transaction monitoring strategy to the business in a structured, data-driven manner – simplifying complex concepts for non-technical audiences
• Build and lead the day-to-day processes, ensuring money laundering risks are mitigated in an efficient manner, building a risk based approach with clear data driven decisions and keeping the business safe

WHAT WE ARE LOOKING FOR 

• 6+ years experience in financial crime analytics – specifically in transaction monitoring
• 10+ years of relevant experience 
• Strong SQL, excel and visualisation skills (python as well would be preferable) and able to handle complex data structures from multiple sources
• Experience in building out a transaction monitoring risk assessment through to rules development, testing and deployment
• Strong background in scenario testing, above the line below the line testing and optimisation
• Strong knowledge of payments related compliance and regulations
• Excited about working in a fast-changing environment and have the ability to adapt to the business challenges in front of you
• Experience in managing and presenting to senior stakeholders (including exco). Communicating clearly with other parts of the business, explaining financial crime, our processes whilst also managing expectations.
• Experience building, reviewing, documenting and optimising business processes, isn’t a must have but would be advantageous.

WHAT YOU WILL GET IN RETURN 

• Flexible working options
• Share options 
• Group Life Insurance 
• Vitality Health Insurance, with a proactive focus on mental and physical wellbeing
• 25 days holiday with the ability to buy extra days
• 3 days for L&D or volunteering time off per year
• We invest in your development with a £1,000 professional L&D budget per year
• Access to ‘salary sacrifice’ benefits such as Cycle to Work scheme and pension contribution
• Spacious brand-new office near Old Street with an all-day snacks bar
• Enhanced family-friendly leave
• Sabbatical leave

TIDEAN WAYS OF WORKING

At Tide, we champion a flexible workplace model that supports both in-person and remote work to cater to the specific needs of our different teams. 

While remote work is supported, we believe in the power of face-to-face interactions to foster team spirit and collaboration. Our offices are designed as hubs for innovation and team-building, where we encourage regular in-person gatherings to foster a strong sense of community.