At a Glance
- Tasks: Investigate fraud and protect small businesses from financial crime using smart technology.
- Company: Join iwoca, a tech-driven company supporting SMEs with innovative finance solutions.
- Benefits: Flexible hours, medical insurance, generous holiday, and a learning budget.
- Other info: Dynamic culture with opportunities for growth and exciting company retreats.
- Why this job: Make a real impact by safeguarding businesses while developing your analytical skills.
- Qualifications: 1+ years in financial crime, strong communication, and a curious mindset.
The predicted salary is between 30000 - 35000 £ per year.
The company is dedicated to supporting small businesses by providing flexible and responsive finance solutions. Our mission is to assist one million SMEs in their defining moments, creating lasting impact for the communities and economies they drive.
We’re looking for a Financial Crime Analyst (Hybrid). If you’re curious, analytical and enjoy getting into the detail, this could be the role for you. You’ll dive into suspicious activity, help protect small businesses from fraud and financial crime, and play a key part in keeping our processes sharp and secure.
The role:
- Investigate potential fraud and AML cases, analysing complex indicators such as CIFAS alerts, facial biometric anomalies, device-based red flags, and signs of document tampering.
- Screen PEP, sanction, and adverse media matches efficiently and accurately.
- Take ownership of customer verification on a case-by-case basis, independently determining the necessary information required to reduce fraud and money laundering risks.
- Identify bottlenecks and drive process improvements to continuously optimise team efficiency.
- Partner closely with our Account Managers, Credit Analysts and Broker teams to balance robust fraud prevention standards with a fast, seamless service.
- Work alongside advanced AI-driven detection engines, demonstrating a strong balance between data-driven machine learning insights and human investigative intuition.
The requirements:
- 1+ years of experience within a financial crime related role.
- A solid foundational knowledge of fraud and financial crime.
- A confident communicator who is comfortable delivering constructive, candid feedback.
- Thrives in a fast-paced environment with a resilient, enthusiastic approach to regular change.
- Comfortable navigating ambiguity and making sound decisions based on limited data or guidance.
- A pragmatic, risk-based approach to case investigations.
- An analytical mindset paired with a practical, execution-focused style of problem-solving.
- Demonstrates curiosity to use and learn more about AI tools.
- Data analytics skills are an advantage.
The salary:
We expect to pay from £30,000 - £35,000 in Leeds and £35,000 - £40,000 in London for this role. We’re open-minded, so definitely include your salary goals with your application.
The culture:
At iwoca, the best idea wins. We model our culture on independent thinking, challenging untested logic, and evidence-based decisions. We prioritise learning and growth, and give people the autonomy to develop in the direction that makes them most effective.
The offices:
We put a lot of effort into making iwoca a great place to work: Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks. Events and community-led groups, including running groups, padel, and monthly ping-pong and pool competitions.
The benefits:
- Flexible working hours.
- Medical insurance from Vitality, including discounted gym membership.
- A private GP service for you, your partner, and your dependents.
- 25 days’ holiday per year, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave.
- A one-month, fully paid sabbatical after four years.
- Instant access to external counselling and therapy sessions for team members that need emotional or mental health support.
- 3% Pension contributions on total earnings.
- An employee equity incentive scheme.
- Generous parental leave and a nursery tax benefit scheme.
- Electric car scheme and cycle to work scheme.
- Two company retreats a year.
- A learning and development budget for everyone.
- Company-wide talks with internal and external speakers.
- Access to learning platforms like Treehouse.
Financial Crime Analyst in London employer: Iwoca
iwoca is an excellent employer for Data Scientists, offering a dynamic work environment in London that fosters innovation and collaboration. With flexible working hours, comprehensive medical insurance, and a dedicated learning budget, employees are encouraged to grow their skills and advance their careers while contributing to impactful product decisions. The company's commitment to a supportive culture makes it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Analyst in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Iwoca looking for candidates who are engaged and informed.
We think you need these skills to ace Financial Crime Analyst in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Iwoca. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Iwoca
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Iwoca’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
