Financial Crime Analyst

Wagestream is on a mission to bring better financial wellbeing to frontline workers.

We partner with some of the world’s most famous employers, like Bupa, Burger King, Green King and the mighty NHS to give their teams access to fairer financial services - all built around flexible pay. Over three million people can now choose how often they’re paid, track their shifts and earnings, start saving, use budgeting tools, get free financial coaching, and access fairer financial products. All in one financial wellbeing super-app.

Wagestream is unique: VC-backed and growing at scale-up pace, but with a social conscience. Some of the world's leading financial charities and impact funds were our founding investors, and we operate on a social charter - which means every product we build has to improve financial health and reduce the $5.6bn ‘premium’ lower-income earners pay for financial services each year.

You’d be joining a team of over 200 passionate, ambitious people, across Europe and the USA, building a category-leading fintech product and all united by that same mission.

The Opportunity:

The Financial Crime analyst role is part of our Business Operations team. The Financial Crime Analyst is responsible for reviewing Know Your Customer (“KYC”), Anti-Money Laundering (“AML”), Transaction Monitoring and fraud due diligence checks on our customers and their transactions to ensure compliance with all applicable laws and UK regulations and to safeguard Wagestream against financial crime risk.

The role responsibilities will also include completing Know Your Business(‘KYB”) for new and existing clients through onboarding AML checks and on-going monitoring. The Financial Crime Analyst will report into our Head of Business Operations and work closely with our Risk and Compliance teams.

The Team:

The KYC Analyst will report into our Head of Credit Operations and work closely with our Risk and Compliance and Customer support teams.

What will you be doing?

• Ensuring all appropriate KYC and KYB checks are completed for new and existing customers/clients in line with our Policies
• Reviewing KYC checks, as part of our customer onboarding process, and ensure requested documentation and information is provided in a timely manner.
• Assist in performing additional KYC / customer due diligence checks, including politically exposed persons (PEPs, RCA’s and SIPs).
• Reviewing screening alerts to ensure that any positive matches against relevant sanctions and PEPs lists are dealt with appropriately and promptly.
• Review alerts and on-going monitoring requirements for existing clients in line with KYB policies.
• Monitor and analyse transactions, customer accounts, and other activities to detect suspicious patterns, anomalies, or potentially fraudulent behaviour.
• Review and investigate fraud alerts (CIFAS).
• Collaborate with cross-functional teams to escalate and investigate suspicious transactions or activities promptly.
• Offer advice and solutions to the Customer Support team on escalated issues.

What experience might you have?

What we need: (But if you’re close… we'd still love to talk to you!

• Minimum 2 years of KYC, financial crime or anti-money laundering experience within a Fintech or financial services firm.
• Knowledge of UK regulatory frameworks related to financial crime (e.g., AML, KYC, Fraud and Sanctions regimes).
• Experience managing transaction monitoring and screening alerts across multiple financial products (Card, Loans and Savings)
• Proficiency in using financial crime detection tools and software (Experian Authenticate, Onfido, ComplyAdvantage, DowJones, CIFAS) and open source data
• Understanding of and interest in Fintech, consumer credit, savings, and financial services regulation desirable
• Ability to collaborate effectively with cross-functional teams and external partners.
• Excellent analytical, communication and organisational skills.
• Ability to maintain strict confidentiality

Nice to have:

• Relevant certifications such as Certified Anti-Money Laundering Specialist (ICA/CAMS) or equivalent.
• Possess a bachelor’s degree or equivalent from a qualified university.

Salary: £40,000 - 50,000 + bonus & stocks

Working Policy: Hybrid

Benefits:

• 25 Days Annual Leave in addition to public holidays (up to 5 day rollover), as well as flexible time off allowances for any ad-hoc childcare/family/caring needs
• 10 days Annual Leave Buy-Back scheme
• 24 weeks' paid Maternity Leave and 4 weeks paid Paternity Leave for employees with over 12 months service
• Special Leave for In Vitro Fertilisation (IVF) and other fertility treatments
• Sabbatical scheme
• Paid leave to volunteer
• Work from Abroad policy
• Private Healthcare via AXA including comprehensive mental-, physical- and dental healthcare
• Salary sacrifice to pension, as well as bonus exchange to Pension: reap even more rewards of any bonus by paying into your pension & save on Tax and NI + added compound growth
• Season Ticket Loan
• The best benefit of all, access to Wagestream!
• Access to Salary Sacrifice Schemes via ThanksBen: THE Benefits marketplace. Choose the benefits you want, when you want. Pay less tax, receive more value

Including:

• Workplace nurseries
• Cycle to Work
• Home and Tech Scheme
• Healthcare cash plans, etc
• Discounts Platform

At Wagestream we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our product and our community to flourish. Wagestream is an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity/expression, or veteran status.