Senior Analyst – KYC Risk Assessment Model Management

Trust unlocks our greatest potential.   

For decades, the clearing of payments remained unchanged and unchallenged. We asked, what if there was a better way? What if we could make banking infrastructure faster, safer, more reliable, and easier to access for all? Here is where you can think radically and responsibly to find the best solution.    

What happens when you know you’re inherently trusted? Trust creates safety. Safety encourages you to be brave, to challenge, to fail, to try new things and to execute.  At ClearBank everything revolves around trust. We’re not expected to earn it, but we are expected not to break it. We’re trusted to own it. To solve issues in the moment. To know a good risk when we see one, and the judgement to know that ‘can’ doesn’t always mean you ‘should’.  
 

What you can expect

You’ll be joining the team as a Senior Analyst in Financial Crime Operations Models Management, specialising in FinCrime risk assessment models. Reporting to the FinCrime Models Management Lead, you’ll be a part of a fast-growing business that is challenging the market and doing things differently. 

Financial Crime Models Management is a small, growing team tasked with ensuring that the FinCrime risk models are configured and operating effectively. The team also designs and maintains the rules governing rules and machine learning models for AML/CTF monitoring, sanctions / PEP / adverse media screening and fraud detection systems. The team supports the business day-to-day whilst also being a key participant in strategic projects. This is now expanding to include FinCrime risk models ownership. The models include Customer Risk Assessment, Country Risk, Industry Risk models. 

We are looking for a FinCrime Risk Model specialist to lead on enhancing the FinCrime risk models to support ClearBank in successfully managing the FinCrime risks associated with client and customer relationships. You will enjoy taking the initiative, working closely with data scientists, engineers and compliance teams to optimise the rules to best align to ClearBank’s risk appetite. 

Data is vital to ClearBank. We need it for everything from stopping terrorist funding, to better understanding our customers’ activity. We are looking for someone who appreciates the power of data and who will work alongside the data analytics gurus in the team to gain insights into the risk models and develop a solid methodology to calibrate and proactively identify issues. 

Soft skills are just as important as the technical ones, with exposure to technology and business teams. You will work with colleagues in the 1st and 2nd Line as well as external vendors to ensure our anti-Financial Crime systems are effective and calibrated. There will be plenty of opportunity to grow in your role, enriching your FinCrime knowledge while developing more sophisticated FinCrime analytics and capabilities to identify potentially suspicious activity. 

You will be 

• You will be passionate about tackling Financial Crime, an inquisitive problem solver, with a methodical and logical mindset. 

• You will work with  2nd Line FCC to interpret and analyse FinCrime model risk requirements and ensure the risk factors are effectively scored. You will also lead on adapting the model as new requirements are identified. 

• You will be confident authoring model documentation and ensuring the models meet the Bank’s minimum model risk management requirements  

• You will be able to conduct model tuning and validation analysis activities 

• You will apply your attention to detail and curiosity to conduct root cause analysis when investigating scoring issues and recommend improvements. 

• You will be comfortable explaining expert advice and model scoring to non-specialist stakeholders. 

• Understanding the concepts of Machine Learning, model training and tuning would be a benefit but not essential. 

• Experience of Anti-Money Laundering (AML), Terrorist Financing, Sanctions Screening or Fraud processes would be a benefit but not essential. 

• You will provide training and support to other team members to enhance their skills and knowledge in FinCrime models. 

What you’ll bring:   

• Financial Crime Subject Matter Expertise on customer, country and industry risk industry standards  

• Experience working in an Agile environment, communicating with cross-disciplinary teams 

• Experience in tuning risk assessment factors to improve output of the model 

• Knowledge of banking products and payments data 

• Strong skills in Excel, including pivot tables 

Regretfully we are not able to sponsor applicants for immigration purposes at the current time.  

What makes a great ClearBank team member? Does this sound like you?  

• You focus on solutions and positive outcomes, thinking radically and responsibly to find the best result for our customers, your colleagues and the bank;  

• You actively seek feedback from others to drive your growth and development, always assuming positive intent from others and develop strong, trusting relationships you’re your colleagues and customers: you really, genuinely care;  

• You always strive for the highest quality, but you know that done is better than perfect; you welcome a challenge knowing that they learn as you go and iterate;  

• ‘I’ before ’we’, isn’t in your vocabulary   

If this sounds like you then we encourage you to dust off that CV and apply!  

What we offer in return:  

• We're flexible – We support a culture of flexibility which allows our employees to achieve a strong work-life balance.  

• Offices – Work in a way that works for you – whether that’s in the London office, at home, or hybrid.  This role can be done mostly remotely, but there will be occasional team meetings and workshops at our London office

• Holiday – 27 days of annual leave per year, plus bank holidays.  

• Work abroad – You have the flexibility to work outside of the UK for up to 30 days in a rolling 12-month period. 

• Socials – Regular social events open to all.   

• Holiday swap – Option to swap your bank holidays to any other day of your choice.    

• Wellbeing – 24/7 employee assistance programme including mental health support, life assurance and income protection. 

• Bigger than ClearBank – Take a couple of days per year to do something that matters to you.   

• Healthy living – Private healthcare and discounted dental cover, with employee perks and discounts.  

• Family – Enhanced family-friendly leave.  

• Personal development – We offer personal development budgets, opportunities to take part in role-related training and unlimited LinkedIn Learning.  

And not forgetting the biggest benefit of all. The opportunity to be part of an incredible team that’s building a tech-bank fit for the future.  

A little bit more about us! 

ClearBank is Where You Can belong: 

At ClearBank we think about Diversity, Equity and Inclusion (DE&I) a lot. Not because we think we should. But because we know we should – how else can we build a happy workforce and be successful as a business. We’re committed to making sure our teams reflect society. And we put energy and effort into making this a place where everyone feels at home, where they’re given the trust and encouragement to do their very best work. Here are some of the things we’re most proud of: 

• 42% of our senior management roles are held by women 

• Our enhanced family leave policies

• Launching our partnership with Code First Girls 

• Increasing awareness of neurodiversity in the workplace through our partnership with the Inclusive Group 

Our hiring process and what you can expect:

Application: a member of our talent acquisition team will review your application against the key requirements for the role and let you know within two weeks whether you’re moving forward to the next stage; 

Screening: You’ll spend 30-45 minutes speaking to one of our recruiters learning more about the role and ClearBank, and we’ll get it know more about you, your experience and how your skills align with the role (this will be via phone or Teams video call). You can expect to hear back from us within seven days following this meeting (if things are taking longer than expected, we’ll let you know that too); 

First Interview: You’ll spend one hour with a member of our hiring team focusing on your skills, competencies and your ways of working at the same time we’ll give you time to ask more questions about the role, the team and learn more about the ClearBank culture. This will be via Teams.  

Second Interview: This will be a competency-based interview with one or more members of our team.

Final Stage: You will have a final meeting with the Head of Department. This will be around 45-60 minutes.  

Offer: Congratulations! Get ready for transform banking forever! 

Our commitment to you as a candidate: 

We will always try our best to get back to you within seven days of your interview whether you’ve been successful or not and provide you with feedback. Sometimes things take a little longer, so we may not have a decision to share but we will get it touch to let you know we need a little more time.  

We’re unable to provide specific individual feedback at the application or screening stage but know that your application was reviewed and considered carefully.  

We wish you the best of luck with your application and maybe we’ll be celebrating your new role at ClearBank soon!  

Equal Opportunities

ClearBank is committed to ensuring equal opportunities throughout every stage of the recruitment process. ClearBank recognises that diversity is vital to the long-term success of the business in the communities and markets in which it operates. ClearBank is also a firm believer that an inclusive culture fosters greater employee engagement and collaboration. 

ClearBank strives for diversity and inclusion of all forms, including (but not limited to): gender, age, educational and professional background, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief and sexual orientation. 

As part of the Company’s commitment to equal employment opportunity, we provide reasonable adjustments, to candidates during the recruitment process, including to individuals with disabilities. We want to create a safe space that welcomes everyone so please let us know how we can accommodate you. In case you have any accessibility requirements you can share that with our Talent Acquisition team prior to your interview stage, if applicable. 

The legal bit

By submitting your CV to ClearBank Limited you are providing your consent for us to use the information you provide for recruitment purposes. For more information on how we manage your data go and check out our Candidate Privacy Notice on the ClearBank website to see how we process, manage and look after your data. You are also allowing us to communicate with you by email and telephone for recruitment purposes.