At a Glance
- Tasks: Design and optimise transaction monitoring systems to combat financial crime.
- Company: Join a purpose-led building society with a strong ethical foundation.
- Benefits: Enjoy 28 days holiday, a bonus scheme, and private medical care.
- Other info: Flexible working options available; be part of a diverse and inclusive team.
- Why this job: Make a real impact in the fight against economic crime while developing your skills.
- Qualifications: Experience in AML, transaction monitoring, and strong analytical skills required.
The predicted salary is between 72000 - 88000 £ per year.
About the role
We have a new opportunity to join our Economic Crime department as a Transaction Monitoring Tuning & Optimisation Specialist (AML & Sanctions). This role will join the Group’s Economic Crime 1LoD Risk Strategy, Systems & Analytics team, a central function responsible for shaping and delivering economic crime prevention strategies across the organisation. Working closely with operational, digital, change and product teams, the role holder will use data, technology and insight to strengthen the Group’s response to an evolving financial crime landscape. This is a 12 month opportunity.
As a TM Tuning & Optimisation Specialist (AML & Sanctions), the role holder will be responsible for the design, calibration and continuous enhancement of transaction monitoring and screening controls. They will ensure detection scenarios remain risk-aligned, effective and operationally efficient, balancing strong financial crime protection with sustainable alert volumes and customer outcomes.
In this hands-on position, the role holder will lead, implement and optimise tuning strategies across AML and sanctions systems, defining thresholds, segmentation approaches and detection logic to reflect customer risk profiles and emerging threats. Working closely with risk, analytics, technology and governance teams, the person in post will ensure all optimisation decisions are evidence-based, well governed and effectively implemented. This is a highly strategic role with significant exposure across risk, analytics and technology, offering the opportunity to make a tangible impact on the Group’s economic crime prevention capabilities.
This role can be based from our Head Office in Manchester or Binley, Coventry on a hybrid basis but travel to both locations will be required.
- 28 days holiday a year plus bank holidays and a holiday buy/sell scheme
- Annual discretionary bonus scheme
- Personal pension with enhanced contributions
- Private medical and health screenings
- Maternity, paternity and shared parental leave
- Life assurance (6 times annual salary)
We reserve the right to close this advert early if we receive a high volume of suitable applications.
About you
For this role it's essential you have:
- Strong, recent experience in AML and transaction monitoring tuning optimisation, within an Economic Crime team in financial services.
- Scenario tuning, threshold optimisation, and alert reduction strategies experience.
- Strong understanding of segmentation methodologies and behavioural risk indicators.
- Strong analytical capability, including use of data to inform tuning and performance decisions.
- Experience working across change programmes and regulatory-driven remediation initiatives.
- Strong understanding of financial crime typologies and regulatory expectations.
- Experience in SQL and/or SAS programming languages.
- Evidence of stakeholder engagement at all levels.
Experience in these areas would be helpful:
- Sanctions
- Experience in Big data analytics tools (Python, Pyspark etc.)
- Exposure to model governance and validation processes.
About us
In 2025, Coventry Building Society purchased The Co-operative Bank. Bringing together our purpose-led building society with the UK’s original ethical bank was the start of an exciting journey. Trusted by over four million people, we’re a mutually owned business free from shareholders, and with our combined experience of almost 300 years, our ethics and dedication will continue to guide us. Together, we have shared values and an ethical approach towards our members, customers and colleagues.
We’re officially recognised as a 'Great Place to Work' and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing. We’re serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know you’ll build more than just a career with us.
Flexibility and why it matters
We understand the need for flexibility, so wherever possible, we’ll consider alternative working patterns. Have a chat with us before you apply to see what the possibilities are for this role.
Proud to be a Disability Confident Committed Employer
We’re proud to offer an interview or assessment to every disabled applicant who meets the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme. If there are ever occasions where it is not practicable to interview all candidates that meet the essential criteria, such as when we receive a high number of applications, we commit to interviewing disabled candidates who best meet the minimum essential and desirable criteria.
Feedback
We are currently receiving a high number of applications for our roles and, while we review each one carefully against the advertised criteria, unfortunately we’re unable to provide individual feedback. We will contact shortlisted candidates directly.
Transaction Monitoring Tuning & Optimisation Specialist (AML & Sanctions) in Coventry employer: Co-operative Bank plc
Coventry Building Society is an exceptional employer, offering a collaborative work culture that fosters innovation and professional growth. Employees benefit from comprehensive training opportunities and a supportive environment that encourages cross-functional teamwork, making it an ideal place for those looking to make a meaningful impact in financial planning and analysis.
StudySmarter Expert Advice🤫
We think this is how you could land Transaction Monitoring Tuning & Optimisation Specialist (AML & Sanctions) in Coventry
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We think you need these skills to ace Transaction Monitoring Tuning & Optimisation Specialist (AML & Sanctions) in Coventry
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