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- Tasks: Join our team to prevent financial crime through investigation and due diligence.
- Company: Newcastle Strategic Solutions is a member-owned mutual focused on financial services outsourcing.
- Benefits: Enjoy flexible working, 25 days holiday, bonus schemes, and wellbeing perks.
- Why this job: Make a real impact in preventing fraud while working in an inclusive and supportive environment.
- Qualifications: Experience in financial crime settings and strong decision-making skills are preferred.
- Other info: Hybrid working options available; we celebrate diversity and encourage all backgrounds to apply.
The predicted salary is between 20200 - 25200 £ per year.
Financial Crime Coordinator page is loaded
Financial Crime Coordinator
Apply locations Hybrid (Home/Cobalt Business Park) time type Full time posted on Posted 2 Days Ago time left to apply End Date: July 6, 2025 (8 days left to apply) job requisition id JR406
Job Posting Title
Financial Crime Coordinator
Salary Band
£24,252 – £30,247
Grade: LC3
Job Description
About the Role
Sitting within Operations, the Financial Crime Team supports both the Newcastle Building Society and our NSSL partners in preventing and detecting our savings and mortgage products from being used for the purposes of Money Laundering, Counter Terrorist Financing and Fraud.
The Financial Crime Unit provides support toNewcastle Strategic Solutions clients and Newcastle Building Societyto manage their regulatory obligations in relation to Financial Crime. This is an exciting opportunity for the right individual to join the Financial Crime Unit to assist in the prevention of Money Laundering, Terrorist Financing and Fraud.
As a Financial Crime Coordinator within the team, your role will be to perform risk based financial crime due diligence. This will include:
- Identifying, investigating and escalating suspicious and high-risk activity.
- Performing and assisting with customer due diligence.
- Screening customers against Sanction, Politically Exposed Persons and other High Risk lists.
- Assisting the authorities with investigation enquiries.
About You
Experience of working within a Financial Crime setting within Financial Services will be advantageous, along with an understanding of the Financial Crime threats both savings and mortgage products may encounter.
You’ll also have experience in dealing with internal and external stakeholders within a Financial Crime setting.
You should have the ability to make risk-based decisions and manage a high-volume workload (including alert processing).
About Us
Newcastle Strategic Solutions is part of the Newcastle Building Society Group and is dedicated to the provision of outsourcing for financial services.
As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong. A place to be you.
What do you get in return? As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes:
- A 35-hour weekly contract + flexible working options
- 25 days holiday each year plus bank holidays (increasing with length of service)
- Bonus Scheme (paid annually) -On target 5%, up to 10% depending on performance
- Colleague mortgage scheme and access to our financial advisors
- Pension scheme – up to 9% employers’ contribution
- Life assurance (4x salary) and income protection
- Access to a range of wellbeing benefits, including medicash scheme
- Electric car salary sacrifice scheme
- Cycle to Work scheme
- Above statutory family leave entitlement – 3 months full pay, 3 months half pay regardless of gender or route to parenthood
- An extra day’s holiday for your birthday
- The option to buy and sell holidays
- Two paid volunteering days each year
- A broad range of learning and development opportunities
- Access to a range of high street and online discounts
- Free onsite gym at Cobalt and access to a range of discounted/subsidised gym memberships nationwide
- A wide range of recognition initiatives to recognise and reward great performance
- Hybrid working – we welcome any discussions around where, how and when people work including part-time hours.
Recognising there’s noone-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process.
We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you, you can contact your Recruiter for this vacancy at adam.curran@newcastle.co.uk
Company:
Newcastle Strategic Solutions Limited
#J-18808-Ljbffr
Financial Crime Coordinator employer: Newcastle Building Society
Contact Detail:
Newcastle Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Crime Coordinator
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in financial crime. Understanding the current landscape will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the financial crime sector. Attend relevant webinars or local meetups to connect with others in the field, which can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare for situational interview questions by thinking of examples from your past experiences where you identified or managed financial crime risks. This will showcase your practical knowledge and decision-making skills.
✨Tip Number 4
Research Newcastle Strategic Solutions and their approach to financial crime. Tailoring your conversation to align with their values and practices during the interview can set you apart from other candidates.
We think you need these skills to ace Financial Crime Coordinator
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the responsibilities and requirements of the Financial Crime Coordinator position. Tailor your application to highlight relevant experience in financial crime settings.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience you have in financial crime, particularly in financial services. Mention specific tasks you've performed that relate to risk-based decision making and customer due diligence.
Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also demonstrates your understanding of financial crime threats. Use examples to illustrate how you can contribute to the team’s goals.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the financial crime sector.
How to prepare for a job interview at Newcastle Building Society
✨Understand Financial Crime Regulations
Make sure you have a solid grasp of the key regulations surrounding financial crime, such as anti-money laundering (AML) and counter-terrorist financing (CTF). Being able to discuss these topics confidently will show your potential employer that you're well-prepared for the role.
✨Prepare for Scenario-Based Questions
Expect to be asked about how you would handle specific situations related to financial crime. Prepare examples from your past experience where you identified suspicious activity or made risk-based decisions. This will demonstrate your practical knowledge and problem-solving skills.
✨Familiarise Yourself with Stakeholder Engagement
Since the role involves dealing with both internal and external stakeholders, think about your previous experiences in this area. Be ready to discuss how you effectively communicated and collaborated with different parties to achieve common goals in a financial crime context.
✨Showcase Your Analytical Skills
As a Financial Crime Coordinator, you'll need to analyse data and identify patterns. Be prepared to talk about your analytical skills and any tools or methodologies you've used in the past. Highlighting your ability to manage a high-volume workload while maintaining accuracy will be crucial.
