Financial Crime Systems Senior Analyst - Payments

Business Unit: COO, Financial Crime
Salary Range £39,200 - £49,000 DOE + red-hot benefits
Location: UK Remote – occasional travel to hub
Contract Type: Permanent

Don’t settle for dull. Live a life more Virgin.

Our Team

Our team is responsible for ensuring that the financial crime systems that perform transaction monitoring, name screening and payment screening are effective and perform optimally on an ongoing basis. Through configuration and ongoing calibration of the systems we ensure that the solutions mitigate VMUK’s financial crime risks, meet VMUK policy requirements and align to our risk appetite.

What you’ll be doing

• With a specific focus on the sanctions screening of cross border payments, you’ll be managing the regulatory watchlists and other input files to VMUK’s screening solutions, ensuring these are applied in line with policy requirements.
• Configuration and ongoing calibration of the screening systems to manage financial crime risk, aligned to our policy requirements and risk appetite. This includes the design, development and ongoing review of system rules, parameters and threshold settings to optimise the performance of the systems.
• Exploring new developments in technology to improve and the performance of the systems and strengthen the control framework.
• Supporting change initiatives and projects that impact the Financial Crime systems, including defining  the system requirements, test script execution and implementation support.
• Developing and delivering consistent, accurate, and timely Management Information (MI) to support performance reporting & governance requirements, ensuring timely escalation of emerging risks and  issues.
• Conducting data analytics on large datasets across VMUK’s customer, account and transactions data to inform the ongoing development of the systems.

We need you to have

• Experience of working with Firco Continuity 5.7 or above is essential.
• Proven background in writing rules for Fircosoft Continuity.
• Experience in managing watch lists using Fircosoft Multi List Manager.
• Knowledge and experience of Oracle SQL or SAS Enterprise Guide.
• Prior experience of working with watch list data including PEPs and sanctions.
• Knowledge of the control framework including control testing for name screening solutions.

It’s a bonus if you have but not essential

• Knowledge and experience in using data visualisation tools such as Power BI.
• Exposure to name screening, adverse media screening, automated customer risk assessment or transaction monitoring.
• Experience of managing and analysing XML data.

Red Hot Rewards

• Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time)​ plus the option to buy more.
• Up to five extra paid well-being days per year​. 
• 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt. 
• Market-leading pension.
• Free private medical cover, income protection and life assurance.
• Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness. 

And there's no waiting around, you'll enjoy these benefits from day one.

Feeling insatiably curious about this role? If we’re lucky to receive a lot of interest, we may close the advert early and would hate you to miss out.

We're all about helping you Live a Life More Virgin, so happy to talk flexible working with you.

Say hello to Virgin Money
We’re making great strides towards achieving our ambition of becoming the UK’s best digital bank.  As a full-service digital bank with a heritage stretching back over 180 years, we`re a workforce to be reckoned with.  We're putting the full power of our experience behind disruptive ideas that reinvent the role a bank plays in people's lives. We're customer obsessed and work tirelessly to create positive experiences for our millions of customers and deliver on our purpose, ‘Making You Happier About Money.’ Our customer centric culture means that we're able to do banking differently and by innovating and working together we can make a real difference. Join us and Live a Life More Virgin that empowers you with choice and flexibility in how you work.

Be yourself at Virgin Money
Our purpose is to make people happier about money, this means seeing and feeling the world as our customers do by creating a workforce that reflects the rich diversity of our customers and communities.  We’re committed to creating an inclusive culture where colleagues feel safe and inspired to contribute, speak up and be heard.   

As a Disability Confident Leader, we're committed to removing any obstacles to inclusion.  If you need any reasonable adjustments or support making your application, contact our Talent Acquisition team careers@virginmoney.com

Now the legal bit
Living A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it), but we'll need you to confirm you have the right to work in the UK.

If you're successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years' worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks – we'll ask for six years of regulatory references, and once in the role, you'll be subject to periodic employment checks.