Senior Transaction Monitoring Analyst

  • Department: Customer Security
  • Location: Edinburgh
  • Published: 11/12/2021
  • Apply by: 02/02/2022

You’ll bring the ambition, we’ll provide the opportunities

Tesco has built its success – and its reputation – on a tradition of excellent service and dedication to the customer, but Tesco Bank is about more than bringing these values to a new market. It’s about bringing a new approach to personal finances and retail banking. As we look to build upon existing talent within our senior and specialist roles, we’re creating a backbone of excellence – offering the highest-calibre of professional a chance for wide-ranging and long-lasting impact in a business that’s breathing new life into the industry.

Job Summary

To ensure that Tesco Bank remains compliant with it's current AML obligations whilst remaining focused on future regulatory change and mitigating the potential impact. This role will be instrumental in configuring and optimising both the transaction monitoring and customer risk assessment model.

In this job, I am accountable for:

  • Maintain AML Transaction Monitoring processes to ensure the bank remains compliant and mitigates risk of criminal activity or regulatory censure.
  • Identifying, addressing, and mitigating AML/CTF risk using the analytical tools. This would include, but is not limited to, designing, developing, and implementing AML controls.
  • Reviewing the performance of the systems to ensure they remain both effective and efficient.
  • Ability to understand complex problems that may involve various systems/departments and can identify potential solutions and work with other departments to identify and support delivery of change required.
  • Being a recognised AML System SME on both bank wide and department led projects.
  • Has a broad awareness of data quality and completeness validations.
  • Identifying opportunities for improvement and challenging the status quo. This may include the application of automation and advanced analytics (e.g. machine learning).

Experience relevant for this job:

  • Experience of using financial crime systems, particularly focused on transaction monitoring and customer risk assessments.
  • Experience of designing / maintaining risk models.
  • Broad appreciation of the AML environment in the UK any emerging trends.
  • Ability to mitigate identified transactional risks to Bank using data analysis tools including SAS
  • Ability to design and run queries, diagnostics & analysis using SAS

Wherever your talent lies, you’ll find challenge and reward in equal measure. We’re here to go the extra mile for our customers – and we’ll do the same for you. It’s simple. As long as you have the ambition, we’ll provide the opportunity for success. Visit our website and find the role that’s right for you.

Senior Transaction Monitoring Analyst


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