Financial Crime Advisory Officer in London

At Kroo Bank, we’re building a better bank from the ground up. One that puts customers first, treats money responsibly, and uses technology to make everyday banking simpler, fairer and more transparent. We’re a fully regulated UK bank, backed by long-term investors, with a growing customer base and big ambitions. We move fast, think carefully, and hold ourselves to the highest standards.

How you will contribute and key responsibilities:

• Provide expert second line financial crime advice, challenge and oversight to protect Kroo Bank and its customers from financial crime risk.
• Manage and execute financial crime compliance and monitoring programmes, maintaining policies and procedures.
• Translate complex UK regulatory requirements into practical guidance and controls for the business.
• Work closely with first line, Compliance, Legal and Risk teams to support an effective financial crime control framework.
• Deliver clear, constructive challenge, expert insight and feedback to the first line of defence on financial crime best practice and regulatory developments.
• Update and maintain financial crime policies, standards and procedures, ensuring alignment with the UK regulatory framework.
• Assist in designing and delivering business wide risk assessments, country risk assessments and other thematic risk assessments.
• Manage and progress follow up actions from risk assessments, reviews and audits.
• Enhance and produce financial crime related management information and dashboards.
• Provide regular reports and updates to senior stakeholders and executive committees on the bank’s financial crime risk profile.
• Conduct regular horizon scanning to identify emerging financial crime risks, regulatory changes and industry trends.
• Produce concise summary papers and briefings for senior stakeholders and executive committees.
• Foster a strong culture of financial crime compliance and awareness.
• Carry out other duties as assigned to meet business needs.

Requirements:

• Manage and execute financial crime compliance and system monitoring programs.
• Be responsible for updating financial crime policies and procedures.
• Assist in the delivery of the business wide risk assessment.
• Provide challenge, insight and feedback to 1LOD in matters pertaining to financial crime best practice and regulation.
• Enhance and produce financial crime related management information and dashboards.
• Complete horizon scanning on a regular basis and produce summary papers for senior stakeholders.

Ideally you’ll have:

• Strong regulation, legislation and best practice knowledge.
• Two years relevant experience within a Second Line Financial Crime Compliance Team.
• AML or Financial Crime qualification (ICA or ACAMS) preferred.
• Experience using data systems such as Lightdash, Excel.
• Strong attention to detail and analytical skills.

Benefits:

• Generous holiday time: 25 days annual leave, 8 bank holidays, 1 Kroo bank holiday, and 1 day off during the week of your birthday.
• Personal days: 3 personal days to use as needed.
• Employer-sponsored volunteer program: Up to 4 hours per month of employer-sponsored volunteer time.
• Mental health support: Access to mental health support partner.
• Workplace pension: 5% employee contribution and a 3% employer top-up.
• Top-notch equipment: MacBook laptop and support for home office setup.
• Modern office: Access to our workspace in Farringdon (Central London).
• Cycle to Work scheme.
• Electric Car scheme.
• Enhanced parental leave policy.
• Room for growth in a fast-paced, high-growth start-up.
• Full healthcare for you and your nuclear family via Vitality.
• Hybrid Working policy.

Diversity and Inclusion: We uphold our commitment to fostering a diverse and inclusive workplace.