Financial Crime Team Lead, Zopa
1-5 days a week in office
Financial solutions for borrowers and savers
Open for applications
Financial solutions for borrowers and savers
501-1000 employees
Open for applications
1-5 days a week in office
501-1000 employees
Company mission
To create simple, fair and honest financial products that have the customer's needs at heart.
Role
Who you are
- Strong understanding of regulatory frameworks, including AML, KYC, and sanctions screening requirements
- Proven ability to lead and motivate a team in a fast-paced environment
- Excellent analytical, investigative, and decision-making skills
- Strong communication skills, with the ability to present complex information to senior stakeholders
- Proficiency in relevant tools and technologies, such as transaction monitoring systems, data analytics tools, and case management platforms
- Experience using advanced data analytics or machine learning for financial crime detection
- Familiarity with international regulatory environments and cross-border financial crime investigations
- Strong knowledge of emerging risks in the fintech, cryptocurrency, or digital payments space
What the job involves
- As a Financial Crime Team Leader, you will play a vital role in leading a dedicated team financial crime analysts and investigators. You will ensure our organization’s compliance with anti-money laundering (AML) regulations and implement effective financial crime prevention measures
- In this position, you will oversee day-to-day operations and manage complex cases, providing strategic guidance to enhance our risk mitigation efforts. Your leadership will be crucial in fostering a proactive approach to identifying and addressing potential financial crime threats
- This role requires a dynamic leader with both technical expertise and the ability to drive a high-performing team. You will be at the forefront of safeguarding the organisation against financial crime, ensuring compliance, and implementing innovative solutions to combat evolving threats
- Team Leadership: Lead and manage a team of financial crime analysts and investigators, providing guidance, support, and performance feedback
- KPI Management: Ensure the team achieves key performance indicators (KPIs) for financial crime prevention, detection, and reporting
- Collaborative Environment: Foster a culture of collaboration, encouraging the sharing of best practices and knowledge within the team
- SAR Oversight: Oversee the investigation of suspicious activity reports (SARs) and ensure timely submissions to regulatory authorities
- Transaction Monitoring: Monitor daily transactions to identify red flags related to money laundering, fraud, and terrorism financing
- Cross-Department Collaboration: Work closely with other departments to facilitate seamless communication and case resolution
- Regulatory Compliance: Ensure all financial crime activities comply with internal policies, regulatory requirements, and industry standards
- Regulation Updates: Stay informed about changes in financial crime regulations and adjust policies and procedures as needed
- Risk Assessment: Proactively identify and assess financial crime risks, developing strategies for effective mitigation
- Stakeholder Engagement: Build and maintain relationships with key stakeholders, including regulators, law enforcement agencies, and industry peers
- Training and Awareness: Advocate for financial crime awareness throughout the organisation by conducting training sessions for non-specialised teams
- Continuous Improvement: Review and enhance processes and systems for monitoring, detection, and investigation of financial crime
Salary benchmarks
Our take
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.
As a bank, Zopa has the flexibility to offer much more than loans to their customers, such as their fixed term savings accounts and credit card. Their model is clearly defined, with a focus on lending and saving rather than current accounts - and its investment in its banking license has clearly paid off. The company has recently seen significant investment that will accelerate the growth of its current products as well as support expansion into the business lending space. It has also made its first ever acquisition, of the ‘buy now, pay later’ platform DivideBuy.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Many candidates hear
back within 2 weeks
41% female employees
14% employee growth in 12 months
Company
Employee endorsements
Intelligent people
"My colleagues here at Zopa have a wealth of knowledge which they share constantly and are always willing to assist or give a second opinion on..."
Funding (last 2 of 13 rounds)
Feb 2023
$94.8m
LATE VC
Oct 2021
$278m
LATE VC
Total funding: $832m
Company benefits
- Discounted gym membership
- Cycle-to-work scheme
- Enhanced maternity and paternity leave
- Hybrid & flexible working model
- Health insurance with Vitality
- Generous holiday plus Zopa bank holidays
- 2 volunteer days a year
- Employee Assistance Programme
- Life Assurance
- Private healthcare from Vitality
- Great deals on Zopa products
- Season ticket loans
- Discretionary unpaid leave
- Games room, meditation room, subsidised yoga classes, football league and more
Company values
- Champion our customers - Whatever your role, you’ll be close to our customers. We care passionately about doing the best for them.
- Help us make fearless choices - Our environment is fast-paced, agile and open. You’ll solve interesting and challenging problems, and be trusted and empowered to bring your ideas to life.
- Walk the talk - Like us, you’ll be honest, stick to your promises and face the tough moments head-on.
- Win smarter - You’ll be always on the lookout for a better way of doing things, going beyond ‘good enough’ and welcoming different points of view.
- Be in it together - You’ll join an ambitious, diverse and all-round approachable team with a mix of ideas and talents who inspire each other to be better every day.
Company HQ
London, UK
Articles
Leadership
Giles Andrews OBE
(Board Member)Independent Non Executive Director at C. Hoare & Co., and at the Bank of Ireland. Chairman of carwow. Board Member at the Innovate Finance FinTech Strategy Group. Previously founded Caverdale Group.
Jaidev
(CEO, not founder)Promoted from within Zopa, previously COO. 12 years of experience at Capital One, including Chief Marketing Officer for UK.
Diversity, Equity & Inclusion at Zopa
Jamie Ferguson (Talent Acquisition Advisor)
- We're always looking for passionate and talented people who can help us be the best place for money. We welcome everyone, regardless of age, disability, gender, sexual orientation, parental status, race or religion.
- We run a successful mentoring program, with 28 mentors across the business. We believe this launching pad helps our internal talent stretch beyond their comfort zone, explore new avenues and grow into future leaders.
- We’re focused on ensuring a fair approach to attracting talent, from how we advertise roles to our application and interview process. For all our hiring requirements we mandate 50/50 shortlists and diverse interview panels. We also run all our adverts through a recognised gender de-coder to ensure we attract and hire a diverse range of people. More recently we’ve been experimenting with new job boards and partnerships like Otta Jobs and BYP Network (Black Youth Partnership Network) to increase diversity in our candidate sourcing.
- We’ve secured trail-blazing partnerships with organisations like Code First Girls, YSYS and BYP Network. We’ve already had huge success with our Code First Girls cohort who joined our tech community as Software Engineers and Database Administrators in January.
- We encourage Zopians to create memorable career journeys, and internal mobility plays a huge part in this. All our live job vacancies are posted on our internal jobs board. Over the last 12 months, we’ve trained and supported many Zopians to make internal career moves and become compliance officers, developers, lawyers and HR specialists. In fact, 20% of our open roles in Q3 2021 were filled by internal candidates. This not only makes Zopa a great place to work, but also allows us to break down some of the systemic pipeline issues that we see in STEM professions.
- Our Diversity & Inclusion focus groups and “All in” club celebrate diversity through various company events, such as quiz nights and “Bring your kids to work” day – our favourite is international food night!
- Everyone at Zopa has different working styles, and we want to support them in any way possible. That’s why we’re committed to flexible working whether that’s from home, in the office or a combination of both. What’s more, our model includes the option of working from abroad for up to 90 days a year!
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