Financial Crime Analyst

The first line Risk & Compliance function executes processes to mitigate financial crime risks to Modulr relating to Money Laundering/Terrorist Financing, Fraud, Sanctions, and Anti-bribery & Corruption.  This role is focussed on the ongoing transaction monitoring of existing clients to ensure financial crime risks are mitigated, and suspicious activity is investigated/reported in line with Modulr’s regulatory obligations.

As we are a small team, this is a hands-on role; you will need to be comfortable handling complex cases and using your own initiative to solve problems and drive continuous improvements in the team’s processes.

Day to day tasks include:

• Investigating transaction monitoring alerts generated from our diverse customer base.
• Reporting suspicious activity internally to the MLRO as well as externally to the National Crime Agency (NCA).
• Supporting financial crime prevention across the wider business and Modulr partnerships through the review of Internal SARs.
• Analysis and insight into current trends, themes, and overall control effectiveness
• Stakeholder Engagement (Internal and External)

About you:

• You are passionate about protecting the business, whilst also supporting rapid growth.
• You love rolling up your sleeves and doing whatever is required to achieve the goals of the compliance team and wider business.
• You are excited about the prospect of supporting the lead analyst in improving and evolving existing compliance processes to ensure the compliance programme continues to be aligned to the business’s growth plans.
• You are structured and organised and able to handle the competing pressures of compliance tasks and investigations from several different workstreams.
• You are comfortable working in an early-stage business, where time is critical, and things change frequently.
• You are analytical and inquisitive by nature.
• You can structure investigations in a clear and concise manner.
• You have an inquisitive mind and proactive approach to problem solving and issue resolution.
• You enjoy self-leading and working independently when required in a fast-paced, constantly changing environment.
• You enjoy sharing your knowledge and sharing your ideas about how we can improve.
• You have a strong interest in FinTech and financial crime prevention within this sector.

Skills and experience we are interested in:

• Strong awareness of current Money Laundering Modus Operandi and ability to identify these through transactional analysis.
• Experience working as part of a Transaction Monitoring Unit within financial services.
• Experience of completing as well and peer reviewing Suspicious Activity Reports (SAR’s) Awareness of the regulatory landscape Modulr operates within.
• Use of industry guidance material from FATF/JMLSG
• ICA qualifications (or equivalent)
• Intermediate Excel skills. 

Modulr offer highly competitive salary and benefits packages; our employees enjoy the benefits of flexible working. The office is modern, with lots of natural light and has break out areas. Importantly, our work is challenging and interesting, you will gain valuable experience in a rapidly scaling business at an important phase of growth while contributing to our collaborative culture.

• Bonus
• Pension
• Flexible benefits
• 34 days holiday
• Training allowance
• Opportunities for career development
• Flexible working