Business Analyst – Financial Crime (Banking)
Posted 1 week ago by Natobotics
Negotiable
Undetermined
Hybrid
Greater Lincoln Area, United Kingdom
Summary: The Business Analyst – Financial Crime role focuses on supporting critical initiatives in AML, KYC, Transaction Monitoring, and Sanctions compliance within the banking sector. The position requires collaboration with various stakeholders to analyze and deliver solutions that enhance regulatory compliance and operational effectiveness. The role is hybrid and based in Northampton, UK, and demands strong experience in financial crime and core banking.
Key Responsibilities:
- Gather, analyse, and document detailed business and functional requirements for Financial Crime-related projects.
- Lead workshops and stakeholder interviews to capture requirements for AML/KYC onboarding, customer due diligence (CDD/ECDD), and transaction monitoring enhancements.
- Work closely with Compliance, Operations, and IT teams to ensure business needs are translated into practical technical solutions.
- Support the enhancement of banking systems and FinCrime tools (e.g., Actimize, Fircosoft, FICO, Oracle Mantas, etc.).
- Produce documentation including BRDs, user stories, process maps (AS-IS/TO-BE), and gap analyses.
- Ensure banking products (e.g., retail, corporate, correspondent banking) are aligned with evolving FinCrime compliance obligations.
- Analyse data flows, system interfaces, and operational processes related to customer screening, monitoring, and reporting.
- Participate in system testing, including UAT planning, test case creation, execution, and defect tracking.
- Ensure traceability from business requirements through to solution delivery and testing.
- Monitor project progress and report risks, issues, and dependencies to project management and governance teams.
Key Skills:
- 5+ years' experience as a Business Analyst within the banking sector, preferably in compliance, risk, or financial crime.
- Proven experience delivering projects across one or more of the following: AML, KYC, Sanctions Screening, Fraud Monitoring, Transaction Monitoring.
- Familiarity with banking products, customer lifecycles, and onboarding processes.
- Strong understanding of regulatory frameworks including FATF, FCA, JMLSG, EU AMLD, OFAC, UN sanctions etc.
- Proficiency in process modelling (e.g., BPMN), data analysis, and use of tools like Visio, JIRA, Confluence, Excel, and SQL (nice to have).
- Experience working within Agile, Scrum, or Waterfall methodologies.
- Excellent communication skills with the ability to influence and collaborate across business and technical teams.
- Experience working on global or multi-jurisdictional FinCrime projects is a plus.
Salary (Rate): undetermined
City: Northampton
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: undetermined
Seniority Level: undetermined
Industry: IT
Job Title: Business Analyst – Financial Crime (Banking)
Location: Northampton (Hybrid)
Job Type: Contract
Role Overview
We are looking for a Business Analyst with strong Financial Crime and core banking experience to support the delivery of critical initiatives across AML, KYC, Transaction Monitoring, and Sanctions compliance. This role will contribute to our ongoing commitment to regulatory compliance, risk mitigation, and digital transformation across our financial crime function. You will work within a cross-functional team, collaborating with Compliance, Risk, IT, and Business stakeholders to analyse, design, and deliver solutions that address regulatory expectations and improve operational effectiveness.
Key Responsibilities
- Gather, analyse, and document detailed business and functional requirements for Financial Crime-related projects.
- Lead workshops and stakeholder interviews to capture requirements for AML/KYC onboarding, customer due diligence (CDD/ECDD), and transaction monitoring enhancements.
- Work closely with Compliance, Operations, and IT teams to ensure business needs are translated into practical technical solutions.
- Support the enhancement of banking systems and FinCrime tools (e.g., Actimize, Fircosoft, FICO, Oracle Mantas, etc.).
- Produce documentation including BRDs, user stories, process maps (AS-IS/TO-BE), and gap analyses.
- Ensure banking products (e.g., retail, corporate, correspondent banking) are aligned with evolving FinCrime compliance obligations.
- Analyse data flows, system interfaces, and operational processes related to customer screening, monitoring, and reporting.
- Participate in system testing, including UAT planning, test case creation, execution, and defect tracking.
- Ensure traceability from business requirements through to solution delivery and testing.
- Monitor project progress and report risks, issues, and dependencies to project management and governance teams.
Required Skills & Experience
- 5+ years' experience as a Business Analyst within the banking sector, preferably in compliance, risk, or financial crime.
- Proven experience delivering projects across one or more of the following: AML, KYC, Sanctions Screening, Fraud Monitoring, Transaction Monitoring.
- Familiarity with banking products, customer lifecycles, and onboarding processes.
- Strong understanding of regulatory frameworks including FATF, FCA, JMLSG, EU AMLD, OFAC, UN sanctions etc.
- Proficiency in process modelling (e.g., BPMN), data analysis, and use of tools like Visio, JIRA, Confluence, Excel, and SQL (nice to have).
- Experience working within Agile, Scrum, or Waterfall methodologies.
- Excellent communication skills with the ability to influence and collaborate across business and technical teams.
- Experience working on global or multi-jurisdictional FinCrime projects is a plus.