Financial Crime Advisory Officer

At Kroo Bank, we’re building a better bank from the ground up. One that puts customers first, treats money responsibly, and uses technology to make everyday banking simpler, fairer and more transparent. We’re a fully regulated UK bank, backed by long-term investors, with a growing customer base and big ambitions. We move fast, think carefully, and hold ourselves to the highest standards, whether that’s how we engage with our customers, build products, manage risk, or look after our people. As a Financial Crime Advisory Officer, your primary responsibility will be to provide expert second line financial crime advice, challenge and oversight to protect Kroo Bank and its customers from financial crime risk. You will play a central role in managing and executing financial crime compliance and monitoring programmes, maintaining policies and procedures, and translating complex UK regulatory requirements into practical guidance and controls for the business. You will work closely with first line, Compliance, Legal and Risk teams to support an effective and proportionate financial crime control framework.

Responsibilities

Provide expert second line financial crime advice, challenge and oversight to protect Kroo Bank and its customers from financial crime risk; Deliver clear, constructive challenge, expert insight and feedback to the first line of defence on financial crime best practice and regulatory developments; Manage and execute financial crime compliance and system monitoring programmes to ensure the bank’s activities align with UK regulatory requirements and internal standards; Update and maintain financial crime policies, standards and procedures, ensuring alignment with the UK regulatory framework including the FCA handbook, POCA, TACT and JMLSG guidance; Assist in designing and delivering business wide risk assessments, country risk assessments and other thematic risk assessments in line with regulatory expectations; Manage and progress follow up actions from risk assessments, reviews and audits to strengthen the financial crime control framework and ensure timely remediation; Enhance and produce financial crime related management information and dashboards, using tools such as Lightdash and Excel to support effective senior management oversight; Provide regular reports and updates to senior stakeholders and executive committees on the bank’s financial crime risk profile, key issues and emerging themes; Deliver financial crime gap analysis, review and assurance papers, identifying areas for improvement and recommending proportionate enhancements to controls; Conduct regular horizon scanning to identify emerging financial crime risks, regulatory changes and industry trends, assessing their potential impact on Kroo Bank; Produce concise summary papers and briefings for senior stakeholders and executive committees, translating technical regulations into clear and actionable insights; Work closely with first line, Compliance, Legal, Risk and other teams to ensure a coordinated and consistent approach to financial crime risk management across the bank; Foster a strong culture of financial crime compliance and awareness, supporting the design and delivery of communications and training to ensure colleagues understand their responsibilities; Carry out other duties as assigned to meet business needs and support the wider Financial Crime function

Requirements

Strong regulation, legislation and best practice knowledge are requirements for this role (FCA handbook, POCA, TACT, JMLSG); Two years relevant experience within a Second Line Financial Crime Compliance Team; Experience using data systems such as Lightdash, Excel; Strong attention to detail and analytical skills

Nice to have

AML or Financial Crime qualification (ICA or ACAMS) preferred; Manage and execute financial crime compliance and system monitoring programs; Be responsible for updating financial crime policies and procedures and ensuring compliance to the UK regulatory framework; Assist in the delivery of the business wide risk assessment in line with regulatory expectations; Manage and progress follow up actions to strengthen the control framework; Provide challenge, insight and feedback to 1LOD in matters pertaining to financial crime best practice and regulation; Enhance and produce financial crime related management information and dashboards; Scope, write and deliver high quality Financial Crime Gap analysis, review and assurance papers; Complete horizon scanning on a regular basis and produce summary papers for senior stakeholders and executive committees

Benefits

25 days annual leave; 8 bank holidays; 1 Kroo bank holiday (June 24th); 1 day off during the week of your birthday; 3 personal days; Employer-sponsored volunteer program with up to 4 hours per month; Mental health support via Spill; Workplace pension with 5% employee contribution and 3% employer top-up; Top-notch equipment including a MacBook laptop; Home office setup contribution; Modern office in Farringdon (Central London); Cycle to Work scheme; Electric Car scheme; Enhanced parental leave; Room for growth; Full healthcare for you and your nuclear family via Vitality