At a Glance
- Tasks: Conduct risk assessments and ensure compliance in a fast-paced lending environment.
- Company: Join West One Loans, a rapidly growing financial services company.
- Benefits: Enjoy private medical healthcare, 25 days' leave, and paid volunteering days.
- Other info: Dynamic team with clear opportunities for career progression.
- Why this job: Make a real impact in financial crime prevention while advancing your career.
- Qualifications: Experience in financial crime, AML processes, and strong analytical skills required.
The predicted salary is between 35000 - 38500 £ per year.
Are you an experienced Financial Crime Analyst who enjoys taking ownership, making risk-based decisions, and has experience within financial crime, AML or fraud prevention?
Do you thrive in a fast-paced lending environment where customer outcomes, regulatory compliance, financial crime prevention and risk management are equally important?
If this sounds like you, then this could be the perfect next step in your career.
- Key Accountabilities
- Conduct thorough reviews and assessments of client risks, including detailed analysis of all relevant parties to loan transactions, source & use of funds, and source of wealth information to ensure compliance with regulatory standards.
- Undertake enhanced client due diligence processes including requesting, obtaining, and verifying appropriate documentation in line with internal policies and anti-money laundering regulations.
- Review onboarding & ongoing monitoring screening notifications related to politically exposed persons (PEPs), sanctions lists, watchlists, and adverse media reports; **escalate** potential matches in accordance with established procedures.
- Provide clear guidance and support to first line operations staff regarding onboarding and prevention of financial crime queries.
- Maintain accurate and up-to-date records within the firm's systems, ensuring data integrity for audits, file reviews, and regulatory inspections.
- Assist with audits, file reviews, and regulatory inspections by preparing relevant documentation and responding promptly to information requests.
- Assist with procuring, managing, and monitoring software product providers used in the onboarding, monitoring, and financial crime prevention processes.
Skills & Competencies
- Excellent analytical skills and attention to detail
- Ability to exercise judgement confidently
- Strong written and verbal communication skills
- Ability to identify risks
- Process-oriented and excellent logical problem-solving ability
- Knowledge & Qualifications
- Previous relevant Financial Crime experience within a Financial Services organisation, with a focus on AML processes
- Strong knowledge of Financial Crime regulatory context, best practices, and market norms within the UK regulated lending market.
- Excellent practical capability in Excel, and reporting tools (e. g. Power BI, Quicksight etc.)
- Excellent written communication & presentation skills
- Personal Attributes
- Calm and confident
- Punctual
- Has integrity
- Detail oriented
- Logical
Why Join Us?
At West One Loans, We're growing fast and looking for ambitious people who want to be part of our exciting journey.
We'll give you the tools, training, and support you need to succeed, while offering clear opportunities to progress your career.
Alongside this, we offer a strong benefits package, including private medical healthcare, 25 days' annual leave, paid volunteering days, and a host of additional benefits.
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Financial Crime Analyst employer: West One Loans
West One Loans is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong focus on employee growth, we provide comprehensive benefits including private medical healthcare, ensuring our team members feel valued and supported. Located in North London, our culture fosters meaningful relationships and professional development, making it an ideal place for those looking to make a significant impact in the lending industry.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like West One Loans. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Crime Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to West One Loans.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on West One Loans's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at West One Loans
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with West One Loans.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at West One Loans will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former West One Loans employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
