Business Analyst (Financial Crime/KYC/AML) - Outside IR35 - Up to £500 per day

Key Responsibilities

• Create detailed end-to-end process maps, documenting current-state and future-state processes.
• Analyse existing processes, identify gaps, inefficiencies, risks and control weaknesses, and recommend improvements.
• Work closely with Financial Crime, Compliance, Operations and other stakeholders to understand and document business requirements.
• Develop and maintain policies, procedures, process documentation and operating models.
• Translate regulatory and policy requirements into clear, workable operational processes.
• Document roles, responsibilities, controls, decision points, hand-offs, exceptions and escalation routes.
• Support the implementation of revised processes and controls, ensuring documentation accurately reflects the target operating model.
• Facilitate workshops with business and subject-matter experts to elicit requirements and validate process designs.
• Produce high-quality BA artefacts including process maps, requirements, procedures, control documentation and gap analyses.
• Ensure processes and supporting documentation are consistent with relevant regulatory and internal policy requirements.

Essential Experience

• Proven experience working as a Business Analyst within a complex, regulated environment.
• Strong, demonstrable experience of creating end-to-end process maps from discovery through to implementation.
• Excellent experience of writing and maintaining policies, procedures and operational documentation.
• Strong stakeholder management and workshop facilitation skills.
• Ability to take complex or ambiguous requirements and turn them into clear, structured processes and documentation.
• Experience analysing current-state vs. future-state processes and identifying improvements, risks and control gaps.
• Excellent written and verbal communication skills.

Desirable Experience

• Experience within Financial Crime/AML/KYC/CDD.
• Understanding of Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), KYC and beneficial ownership.
• Exposure to the UK regulatory framework, particularly the Money Laundering Regulations, FCA Financial Crime Guide and/or JMLSG guidance.
• Experience documenting processes relating to customer onboarding, periodic reviews, KYC remediation or ongoing monitoring.
• Experience working with Compliance, Financial Crime, Risk or Operations teams.
• Financial services, banking, payments, fintech or other regulated-sector experience.

What we're looking for

• This role would suit a pragmatic, delivery-focused Business Analyst who is comfortable getting into the detail of how processes actually work, rather than someone whose experience is primarily requirements gathering.
• The strongest candidates will be able to demonstrate examples of where they have taken an existing process, mapped it end-to-end, identified gaps or risks, redesigned it and then produced the policy/procedure documentation needed to operationalise the new approach.
• Financial Crime experience is preferred, but candidates with strong regulated-sector BA experience and excellent process/documentation skills will also be considered. The FCA's recent CDD review specifically highlights policies and procedures, CDD/EDD processes, and compliance controls as key areas of focus.