Strategy and Monitoring Officer (FinCrime Operations)

What We’re All About at Kroo

Kroo has a big vision. To be the first Bank that is both trusted and loved by its customers. We’re helping people take control of their financial future and achieve their goals, whilst making a positive impact on the planet. Here at Kroo, doing what is right is in our DNA. We act with integrity, transparency and honesty. We think big, dream big, and relentlessly pursue our goals. We like to be bold, break new ground, and we never stop learning. But most importantly, we are on this journey together.

About the Team

We are a multi-disciplined team of experienced technology, banking, customer experience, marketing, and legal professionals who share a passion for the company’s mission and believe in a collaborative approach to creating the greatest social bank. We are building a diverse team of inquisitive people who want to understand customer needs and behaviour so we can develop innovative products that change people’s lives for good.

What you’ll do:

• Support the effective design and implementation of monitoring rules to help manage Kroo’s AML/Fraud risks.
• Perform statistical analysis of transaction monitoring rules results, in order to improve the execution of Kroo’s monitoring strategy.
• Deputise for the Financial Crime Strategy and Monitoring Manager to manage escalations from the 1st Line Teams and key stakeholders. 
• Test rule changes first hand by working live 1st line alerts and providing feedback to the Financial Crime Strategy and Monitoring Manager.
• Liaise with the Product teams, when required, to implement system changes, report issues and request the implementation of new features.
• Support with preparing the 1st Line Operations teams for any rules changes and carry out an impact analysis to ensure operational readiness.
• Support with system testing to ensure that the financial crime risks are accurately captured by Kroo’s systems and produce records to evidence. 
• Collaborate with the second line of defence, the Head of Financial Crime and the MLRO to implement rules as required by regulatory recommendations. 
• Develop MI and produce reports to present for senior management and the Board.
• Keep critical monitoring records up to date in line with industry best practice record keeping.

Requirements

You’ll need to have: 

• 2 years experience in a similar field in financial services, preferably in retail banking.
• Demonstrable knowledge of AML policies and procedures to address financial crime risks and application of a risk-based approach.
• Exceptional analytical thinking and data interpretation and ability to produce meaningful MI, facilitate business decisions using data and make recommendations.
• Excellent communication and interpersonal skills, be able to analyse and present your ideas to senior management and C-Suite executives.

Benefits

Office/remote working

Working remotely has changed many of our lives for the better and we are behind continuing the benefits of flexibility. Currently, we see a blended model of working 1-2 days a week in the office, so candidates that are able to travel in occasionally are the best fit for our current working practices. Please note: Our ambition is to be a truly 24/7 customer-focused bank. In order to achieve this, you'll be working shifts across 5 days (Monday - Friday) and 37.5 hours per week.

Diversity and Inclusion:

We wholeheartedly uphold our commitment to fostering a diverse and inclusive workplace. Every employee is highly regarded, respected, and supported without any form of judgement or prejudice. We consider Diversity, Equality, and Inclusion as fundamental pillars guiding our path in all aspects of our bank. We also ensure that reasonable adjustments are made available to all candidates throughout the recruitment process.

To all Recruitment Agencies:

At Kroo Bank, agency resumes are strictly prohibited. Do not submit agency resumes or forward them to our job advertisements or Kroo Bank employees. Be aware that Kroo Bank will not assume any responsibility for fees incurred due to unsolicited resumes.

To ensure a fair and efficient application process, all candidates are kindly requested to submit their applications directly through the advertised platform. We kindly ask that you refrain from reaching out to the company or its employees via email, LinkedIn, or any other communication channels for inquiries or updates. Please note that any attempts to contact us through these channels will not receive a response. Thank you for your understanding and cooperation.

Last updated on Aug 8, 2024