Financial Crime Risk Manager, Zopa

• Demonstratable experience in AML/CTF risk management within the financial services sector, preferably within ahigh-growth fintech, digital bank or EMI
• Hands-on team player, with experience within a 1st or 2nd line risk function
• In-depth understanding of UK anti-money laundering, countering terrorist financing and sanctions regulations, including the Money Laundering Regulations, the Proceeds of Crime Act and FCA expectations
• Clear communicator with ability to explain complicated concepts in simple terms to a wide audience (both verbally and in writing) and can challenge and influence stakeholders of varying seniority
• Enjoys working in a fast-paced environment, you’re a proactive self-starter and are comfortable with a degree of ambiguity and change
• You can work autonomously and take ownership - you have project management, organisational skills and capability to handle multiple projects at one time
• Critical thinking with a pragmatic, hands-on approach to problem-solving
• Strong analytical and risk assessment skills, with the ability to adapt to new challenges
• Data driven - ability to analyse data to draw insightful conclusions to drive identify practical risk mitigations
• Impeccable report writing skills, with the ability to adapt language and complexity depending on target audience
• High level of integrity, sound judgment and attention to detail

Desirable

• The Second Line Financial Crime Risk Team owns the framework for managing all financial crime risk at Zopa and is responsible for advising and challenging the business to ensure the right controls are in place to protect the bank, its customers and wider society from financial crime
• The team is responsible for risk oversight of the first line, training and assurance activity, designed to ensure that defined frameworks and standards are adhered to and that Zopa is managing its financial crime risk exposure within the bank’s risk appetite
• We are seeking an experienced financial crime risk manager to join our small but growing second line team
• You’ll report into the Director of Financial crime Risk and will be supporting the ongoing development of the financial crime risk framework and the processes that support it
• This position requires a dynamic and analytical thinker who enjoys collaborating with a wide range of first line teams including risk, ops and product to provide effective review, challenge, oversight, and assurance of financial crime risk assessments and decision-making by the business
• The role is an exciting opportunity for a financial crime risk manager motivated by driving change and contributing to responsible growth and a truly customer-centric experience
• Developing and maintaining Zopa’s AML/CFT and Sanctions policies and standards, ensuring that appropriate measures are in place so that money laundering, terrorist financing and sanction evasion risks are considered in the company's day-to-day operations
• Carrying out assurance activities – these could be testing key financial crime controls, carrying out MI validation, customer journey reviews, policy reviews or large, thematic reviews into key areas of the financial crime control framework
• Conducting risk assessments for new and existing products as well as contributing to the annual bank wide risk assessment
• Reviewing methodology documents and proposals from the 1st line of defence and question these proposals where necessary
• Drafting and providing ongoing maintenance of robust policies and procedures to reflect regulatory developments and best practices
• Preparing documentation whether it’s for monthly risk committee meetings, policy and standards updates or information for the regulators
• Ensuring that controls scale with all Zopa’s products by developing effective ongoing review and monitoring processes
• Reviewing and analysing MI from across the suite of controls to identify any areas of concern for further investigation
• Working closely with first line of defence risk team in the development of new controls or improving existing ones across current accounts

Total funding: $972.6m

Zopa has been a pioneering force in the world of finance since 2005, lending out billions in personal loans since its inception, before the launch of its bank in 2020. Its depth of lending experience makes it a digital bank with a difference - offering all the benefits customers have come to expect from a challenger bank, but backed up by 16 years of know how.