Financial Crime Risk Analyst
Paragon Banking Group PLC
Solihull, UK
Published 2 weeks ago
Financial Crime Risk and Technology
About The Role
Purpose of the role
The second line Financial Crime Risk team supports Paragon Banking Group's business areas to mitigate the risk the Banking Group is used to facilitate financial crime. You will be responsible for supporting the Financial Crime Risk Team to discharges its legal and regulatory obligations primarily through the collection, review, and dissemination of Financial Crime MI to key stakeholders within the first and second lines, and by providing additional support and assistance to Paragon's Nominated Officers and the Financial Crime Risk Assurance Team.
Duties and responsibilities
Skills
Experience of data analytics and/ or the collating and manipulation of large volumes of data.
A good understanding of risk management, preferably within the context of financial crime.
Working hours
37.5 hours per week - whilst our standard hours are Monday to Friday, 8.30am to 5.00pm (one hour for lunch). We encourage flexible working and you will be expected to work from the office 2 days a week and the other days from home.
Training
Relevant training will be provided.
About Us
Paragon perks
Generous holiday allowance, with a day off for your birthday!
Paid community volunteering
Company-wide, profit-sharing bonus
Pension plan - we'll contribute up to 10% of your annual salary
Life assurance and personal accident cover
Be flexible
We promote flexibility around how and where we work so that you can achieve a healthier work-life balance. We operate hybrid working, splitting our week between the office and home.
Be yourself
We welcome diversity and we care about inclusion. That's why we want you to be your whole self at work. We believe an inclusive workplace is good for each of us, great for our customers and better for our business. Formed in 2020, our Equality, Diversity and Inclusion Network meets regularly to share challenges, experience and ideas to build a more equal, diverse and inclusive business.
Be heard
We listen to your point of view, with our People Forum and regular employee surveys making sure you can use your voice and influence our future.
Be well
We offer a range of support to help you care for your wellbeing, from our free Employee Assistance Programme to our qualified Wellbeing team who are on hand to connect you with the help you need to get more out of life.
Be better
We want you to reach your potential and, as an Investors in People employer, we'll encourage you to learn and develop by building a personalised development plan together with your manager.
Be a part of it!
Our employees tell us that the best thing about Paragon is the people! So, if you're looking for an energetic, friendly team with a great set of values to help you take the next step in your career, apply now and let's grow together!
Purpose of the role
The second line Financial Crime Risk team supports Paragon Banking Group's business areas to mitigate the risk the Banking Group is used to facilitate financial crime. You will be responsible for supporting the Financial Crime Risk Team to discharges its legal and regulatory obligations primarily through the collection, review, and dissemination of Financial Crime MI to key stakeholders within the first and second lines, and by providing additional support and assistance to Paragon's Nominated Officers and the Financial Crime Risk Assurance Team.
Duties and responsibilities
- Support the Financial Crime Risk Team in discharging their regulatory obligations.
- Remain abreast of legislation, regulations, industry best practice and Paragon's products, lending criteria and business processes.
- Support the DMLRO by reviewing financial crime policies, policy standards, methodologies, and department procedures.
- Support the DMLRO in collating and reviewing financial crime MI data for the purposes of Paragon's Governance Committees, Regulatory Reporting requirements, and supporting the Nominated Officers disseminate MI through the Business Partnership Model.
- Design and maintain all BAU spreadsheets, MI feeds, and supporting documents.
- Complete gap analysis on regulatory developments on an ad hoc basis.
- Complete annual EDD regarding Correspondent Banking Relationships through the assessment of Wolfsberg Questionnaires.
- Share knowledge and promote good practice by championing continuous improvement to all areas of the business.
- Contribute to team communication meetings sharing findings from reviews and monitoring.
- Support all areas of FCR on an ad hoc basis.
Skills
- Demonstrate good stakeholder management and collaboration skills with external and internal stakeholders at all levels.
- Have a good degree of written and verbal communication skills, presentation skills with the ability to explain risks and issues in a clear and concise manner.
- Experience of designing and implementing effective MI dashboards and completing trend analysis, primarily through Excel, PowerBI, or other leading platforms.
- Excellent organisational skills and ability to manage multiple tasks and meet strict deadlines.
- Maintain a good knowledge and understanding of Financial Crime Regulations and associated legislation and guidance.
- A strong ability to use sound judgement to identify problems, determine potential solutions or opportunities for improvement.
- Adapting to pressure and use change as an opportunity to review and implement best practice.
- Demonstrate strong initiative and critical thinking skills, including the ability to promote self-development.
Experience of data analytics and/ or the collating and manipulation of large volumes of data.
A good understanding of risk management, preferably within the context of financial crime.
Working hours
37.5 hours per week - whilst our standard hours are Monday to Friday, 8.30am to 5.00pm (one hour for lunch). We encourage flexible working and you will be expected to work from the office 2 days a week and the other days from home.
Training
Relevant training will be provided.
About Us
Paragon perks
Generous holiday allowance, with a day off for your birthday!
Paid community volunteering
Company-wide, profit-sharing bonus
Pension plan - we'll contribute up to 10% of your annual salary
Life assurance and personal accident cover
Be flexible
We promote flexibility around how and where we work so that you can achieve a healthier work-life balance. We operate hybrid working, splitting our week between the office and home.
Be yourself
We welcome diversity and we care about inclusion. That's why we want you to be your whole self at work. We believe an inclusive workplace is good for each of us, great for our customers and better for our business. Formed in 2020, our Equality, Diversity and Inclusion Network meets regularly to share challenges, experience and ideas to build a more equal, diverse and inclusive business.
Be heard
We listen to your point of view, with our People Forum and regular employee surveys making sure you can use your voice and influence our future.
Be well
We offer a range of support to help you care for your wellbeing, from our free Employee Assistance Programme to our qualified Wellbeing team who are on hand to connect you with the help you need to get more out of life.
Be better
We want you to reach your potential and, as an Investors in People employer, we'll encourage you to learn and develop by building a personalised development plan together with your manager.
Be a part of it!
Our employees tell us that the best thing about Paragon is the people! So, if you're looking for an energetic, friendly team with a great set of values to help you take the next step in your career, apply now and let's grow together!