Tesco Bank

Fraud and AML Senior Analyst

Company
Location
Edinburgh, Scotland, United Kingdom
Posted At
8/7/2025
Description
General information

Job Title: Fraud and AML Senior Analyst

Ref #: 9367

Location: Edinburgh

Department: BAR - Fraud and Anti-money Laundering

Business Area: Banking Risk

Working time: Full-Time

Date Published: 07-08-2025

Serving our customers, communities, and planet a little better every day.

Salary - the salary band for the role starts from £44,560 + annual bonus & benefits

Location – Edinburgh or Glasgow, Permanent

Office Attendance- Our roles are hybrid, however you should be able to travel to our Edinburgh or Glasgow office 2 days per week for this position.

Closing Date – Applications close 21st August at 5pm

A career that works for you

We’re looking for a Senior Analyst to join our Fraud & AML Systems team within Banking Risk, here at Tesco Bank. This is an exciting time to join the team as we continue to tackle the Anti-Money Laundering and Fraud threats in the ever-evolving landscape in which we operate.

You’ll have the opportunity to adapt and influence our Customer Risk Assessment models and onboarding systems to ensure that Tesco Bank remains compliant with the current AML obligations. You will be responsible for maintaining these systems and the associated rulesets as well as analysing transactional and customer data to ensure that controls are optimised to detect financial crime.

This is an exciting role, in a small, dedicated team, which will offer you the opportunity to develop both your subject matter expertise in financial crime as well as your technical data analysis skills. You will also have the opportunity to get involved with fraud detection strategies, supporting colleagues in the wider Fraud and AML Team.

As Tesco Bank has recently been acquired by Barclays, this role will require supporting management with data integration, along with sharing ideas and looking for opportunities to improve. This will give greater exposure to wider teams and build a stronger understanding of banking risk, which will build a strong foundation for career progression.

What You’ll Be Doing

  • Collaborating with your team members to support the ongoing performance of the Customer Risk models and key onboarding systems, ensuring that Tesco Bank remains compliant with the current AML obligations.
  • Using your SME knowledge to extract data and produce high quality, accurate, and insightful analysis to support changes of and refinements to our AML Systems, using clear and concise commentary to draw out key messages.
  • Collaborating positively and constructively with a range of stakeholders to promote understanding and commitment. Stakeholders include teams within the Nominated Reporting Office and Fraud and Financial Crime colleagues across our wider first- and second-line teams, as well as Value Stream and Technology colleagues.
  • Agreeing prioritisation of workstack items to ensure that tasks are completed within agreed timescales and escalating where agreed timescales can no longer be met. Planning and organising own workload and taking account of any dependencies on others.
  • Acting as a team member supporting change initiatives by providing analysis or monitoring progress with guidance from a project/team manager.

We need you to:
  • Experience of working in a financial crime environment with expertise in analysing customer behaviour and making risk-based decisions.
  • An understanding of data analysis tools and methodologies with the ability to develop business and technical solutions. You'll also need experience of managing mitigating action plans to address operational risk.
  • Experience in rule writing for a fraud/financial crime systems such as FCRM.
  • Proficiency in SAS or SQL, and Excel are essential.

And if you have any of these, even better

  • A background in financial crime with knowledge of common banking products and their usage.
  • An understanding of financial crime risk typologies and methods of statistical analysis and an understanding of technology governance.
  • An awareness of regulatory frameworks and specialist Screening systems.
  • Strong communication and collaboration skills with internal and external stakeholders

We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us.

What’s In It For You

  • Prepare for your retirement with our colleague pension scheme.
  • Private Medical Insurance (WL2+) and virtual GP Service 365 days a year.
  • Performance related annual bonus.
  • Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
  • Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday (worth up to 2K). As an added perk, we’ll give you a second card to share with someone else.
  • Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous paid paternity leave.
  • A place to get on - take advantage of our ongoing learning opportunities and training, to help you achieve the job and career you want.

Everyone’s welcome

We want all our colleagues to always feel welcome and be themselves at Tesco Bank. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.

How to apply

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.

Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you’re interested in finding out more about what a career at Tesco Bank looks like, click apply to find out more!

Why Tesco Bank?

Whether we’re helping our customers or looking after our people, you’ll find there’s a warmth and friendliness to everything we do.

It means we put your wellbeing first and give you bags of support, training and development, so you can build the career that’s right for you. It’s about looking after each other with the same care that we give to our customers.

We’ve created an environment where everyone feels included, accepted and welcome. Which means you can bring your whole self to work every day and totally thrive at the same time.

Lovely.

Say hello to life in Tesco Bank.
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Fraud and AML Senior Analyst | Tesco Bank | Hunt UK Visa Sponsors