Graduate Data Analyst (Financial Crime)

Overview

Graduate Data Analyst (financial crime)

Up to £31,000

Manchester/hybrid

Want to change the world? Choose a career that makes a difference

At The Co-operative Bank we’re proud to be different. We’re proud of our values and ethics, and our unique, customer-led Ethical Policy that shapes everything we do.

Born out of the co-operative movement over 150 years ago, you could say that doing the right thing has always been our thing. We don’t just help people with their money, but help people fight for justice and the causes they care about.

We put people at the heart of every decision we make and there’s never been a more important time for our Bank to stand up for the causes that matter most to our customers, colleagues and partner organisations.

Join us and help us continue to make progress in environmental and societal change, all with the UK’s original ethical bank.

We promote a hybrid working environment, which means you will work at our office in Manchester roughly once a week and then remotely from home. To enable you to work from home, you will need have a suitable office set up which includes a desk and a chair in a location which is free from the interruptions of day-to-day life.

The role

The Co-operative Bank is a UK-wide provider of financial services, giving award-winning levels of customer service to millions of retail and business customers across the UK. We’re looking for a junior data analyst to undertake a full range of operational insight and MI activities. This will include running and distributing reports and supporting Financial Crime colleagues with insights and supporting data queries to enable risks to be identified, monitored and mitigated.

Key Accountabilities

• Recommend and maintain specific financial crime detection strategies for all products and channels including score cut offs, policy rules and model strategies
• Carry out routine / standard data gathering under guidance, typically task driven and repeatable actions.
• Support the daily / weekly refresh of profiling rules to maintain individual and system performance.
• Monthly analysis reporting and KPI’s covering all prevention and detection systems.
• Monitor industry trends in financial crime transaction risk to review current internal strategies, define and recommend challenger strategies to minimise impact
• Regularly monitor and measure the contribution / benefit of all component parts of the anti-fraud and money laundering systems strategy and report the marginal benefit of each component
• Use flexible fraud data services and solutions to drive enhanced analytics capability
• Development, delivery and maintenance of short term end user computing solutions to enhance operational efficiency and fraud monitoring solutions
• Support the continual review of emerging technologies to improve / enhance financial crime transaction risk prevention and detection strategies and / or customer experience
• Optimise the balance between scorecard and rule strategies

Knowledge, Skills and Experience Required

• Experience in financial crime management and financial crime industry knowledge
• Strong understanding of data analysis with experience using tools such as SAS/ SQL/ Python
• Proficiency in using MS Office Applications especially Excel, PowerPoint, Word and Teams.
• Experience of working with large datasets in Excel, summarising and filtering data into report formats, including Pivot Tables and graphs.
• Ability to analyse information effectively.
• Ability to communicate effectively with the team and others on a range of technical/analytical information both written and verbally.
• Proven presentation and listening skills, communicate appropriately at all levels, able to communicate complex technical information to differing audiences.
• Confidence to ask the questions needed in order to understand and fulfil requirements.
• A proactive approach to personal development and learning
• Broad knowledge of the financial market place and the legislative and regulatory issues affecting Financial Crime. (desirable)
• We can only consider candidates with the right to work in the UK at this time.
• Our Bank is passionate and committed to continuing to create a diverse workforce and an inclusive environment where all colleagues can fulfil their potential.
• At the beginning of the year, The Co-operative Bank officially became part of the Coventry Building Society Group. Together, we have shared values and an ethical approach towards our members, customers and colleagues.
• If you require more information or this document in a different format, please contact careers@co-operativebank.co.uk
• As a reputable employer regulated by the Financial Conduct Authority, all offers of employment for this role are subject to a series of background checks, including criminal (DBS) and financial checks.

*Rated by Morningstar Sustainalytics in the Regional Banks sub-industry with a score of 11.2 as of 14 January 2025.