Financial Crime Business Banking Specialist

📍UK Remote | 💰 £34,650 - £40,000 + stock options + Benefits


You must be able to commit to start on Monday 23rd June and no holidays or time off can be taken during the first 8 weeks due to training.


⭐Our Team

Our Mission in the Financial Crime & Fraud Collective is to earn and keep our customers’ trust, support Monzo’s safe growth, and contribute to building a safer society.

⭐The Role

Fincrime Business Banking Specialists will work within the Fincrime Business Banking pillar to protect Monzo and our customers from financial crime. They will work to keep our customers’ trust and support Monzo’s safe growth. 

Fincrime Business Banking Specialists will complete complex tasks and approvals with the ability to flex when required to support all other tasks completed within the pillar to support any challenging demands that may arise in a fast paced environment.  Our Fincrime Business Banking Specialists are crucial to the success of this mission.  Fincrime Business Banking Specialists will work within a mixture of regulated and unregulated deadlines. You will be trained and be competent in a wide variety of complex tasks for the pillar you are aligned with. 

⭐ What you’ll be working on a variety of tasks, including but not limited to - 

• Completing due diligence on Corporate Ownership including complex beneficial ownership 
• Deep knowledge on Share Capital Structures of different structures including share classes to effectively work these tasks
• Proficiency in preparing and submitting Suspicious Activity Reports (SARs) to relevant authorities and completing SAR Reviews carried out from our seniors
• Approvals and Multi party authority for our high risk tasks inc. cheques for business accounts 
• Understanding structure of non profit organisations, including complex beneficial ownership,charities, trusts, foundations, clubs and societies 
• Strong understanding of tax evasion and avoidance typologies and frauds 
• Complete Customer Risk Assessments on a weekly basis 
• Review and verify customer documentation, ensuring accuracy and completeness in accordance with plausibility and regulatory standards
• You’ll communicate both directly with our customers and with colleagues in customer support to ensure we get the right outcomes
• Sharing emerging risks and trends you spot with and helping work through solutions with our relevant stakeholders
• Providing specialist knowledge in regards to Business Banking Financial Crime and delivering coaching to more junior investigators
• Providing product and process feedback to the teams supporting their business area, to ensure there is a constant flow of feedback from the operation into the teams that own our tools and risk
  
  

🤩We’d love to hear from you if…

• You have a values driven approach in line with Monzo’s core values
• You are comfortable working to targets
• You have Excellent English written & verbal communication skills
• You have significant experience in a similar role within business banking
• You’ve got extensive subject matter expertise in Fincrime with a strong understanding of policies and regulations
• You have high prioritisation skills, ensuring we achieve all set SLA’s 
• You’ve got significant experience in conducting complex fincrime investigations on business accounts with limited or no supervision to resolution
• You have a strong working knowledge on: 
• Due diligence on Corporate Ownership including complex beneficial ownership 
• Deep knowledge on Share Capital Structures of different structures including share classes to effectively work these tasks
• Understanding structure of non profit organisations, including complex beneficial ownership,charities, trusts, foundations, clubs and societies 
• Strong understanding of tax evasion and avoidance typologies and frauds 
• You preferably hold a professional certificate in Anti Money Laundering, or a similar industry qualification e.g. ICA Advanced Certificate, ACAMS
• You have strong decision-making skills, able to provide rationale for the outcomes and recommendations to the business
• You have a professional and structured approach working with both business customers and internal stakeholders
• Your Self motivated and have the ability to work within the regulatory standards while focusing on excellence in customer experience
• You can flex your communication skills, have excellent time management, strong prioritisation and organisational skills combined with an ability to cope with fluctuating workloads. 
• You have strong analytical and problem-solving skills, with a focus on delivering client-centric solutions
  
  

⏳ This role will close when we have enough applications so please submit your application as soon as possible to prevent missing out!

🌈 The application journey has 3 key steps:

Application
Recruiter Call
Interview 1hr 30

🙌What’s in it for you ..

💰 £34,650 - £40,000 + stock options 

📍This role can be based remotely from anywhere within the UK

📚£1,000 learning budget each year to use on books, training courses and conferences.

🏡We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup. 

This role is a Monday to Friday 9am-5.30pm position your work and time will be scheduled for you.

➕ Plus lots more! Read our full list of benefits.

#LI-REMOTE #LI-DR