Financial Crime - Senior Business Change Delivery Analyst

Summary of team  
The job holder will work with an existing change delivery analyst and report to the Manager of FCT Operations and Change. The FCT is responsible for protecting the Bank’s financial operations against financial crime risks ((AML, CTF, PF, sanctions, and payment fraud). In doing so, the FCT ensures the Bank follows all UK financial crime law as well as international best practice, such as that issued by Financial Action Task Force (FATF), FCA and the Basel Committee. FCT is a high profile team, reporting to the Bankwide Financial Crime Board, the Executive Risk Committee and directly to the Bank's Governor, Deputy Governors and Executive Directors on the management of financial crime risks. 

Anti-financial crime efforts are highly dependent on technology and data analytics, meaning that change is central to the team’s work. The FCT owns the FCRM automated anomaly detection and sanctions screening software, which analyses Swift messages for suspicious activity and further investigation. FCRM is a complex system and we need to make sure it is ‘fit for the future’ in step with changes such as AI, cybercrime and a volatile geopolitical environment.  Furthermore, FCRM is at the heart of the Bank’s Swift traffic and as such is heavily impacted by projects making changes to other MBPR systems and Swift payment messages.   

Summary of role  The role has two aspects: 

1. The initial focus of the role is to deliver FCRM related changes from the CuPE Programme.  This is likely to run to February 2028. CuPE is a strategic programme to provide a set of strategic initiatives to ensure compliance with mandatory payment industry standards, addressing technology obsolescence and risk, and enhancing the stability and resilience of the Bank's payment infrastructure.  Amongst other things, CuPE will upgrade FCRM and consider the system deals with new case management functionality. 
    
2. Thereafter, the role will transition to a broader change role: 
   1.  Helping to deliver long-term strategic improvements to FCT’s transaction screening and monitoring capability which will likely include a FCRM replacement.
   2. Delivering a programme of BAU change including Swift releases, FCRM maintenance and the impact of other projects in the MBPR portfolio.          

While the focus of the role is on the successful delivery of change, in due course, should this be of interest, as part of FCT’s cross-functional resilience arrangements there are likely to be opportunities to participate in the team’s wider programme of financial crime work as part of developing financial crime understanding and career development,.

Role Description 

The role of the senior business change delivery analyst for CuPE Programme is to work closely with the assistant change delivery analyst as well as the wider CuPE Programme team and FCT, to provide technical leadership of FCRM related change, including:  

Identification and assessment of change impacting FCRM 

• Formally assessing the impact  
• Liaising with supplier and external stakeholders on implications 
• Working with the product owner to maintain and validate the backlog of change for FCRM 
• Feeding into discussion for change affecting the wider M&B landscape  

 Leading oversight of testing  

• Ensuring test design is adequate 
• Ensuring test execution and reviewing test output  
• Ensuring issues are resolved  

Overseeing business readiness and training the team  

• Via liaison with the operational team, ensuring documentation is updated and the team is ready for any changes 

The initial focus will be CUPE-set deliverables:  

• Case Manager workstream deliverable  
• Core Product upgrade
• Swift Standards mandatory requirements 
• Archiving of historic data solution

Thereafter the job role will broaden to financial crime change and strategic improvement

• Enhancement and extension of current real-time monitoring 
• BAU maintenance and ad hoc change 

Role requirements

Minimum Criteria 

The successful candidate will need to have: 

• Familiarity with Swift  messages.  
• Experience working across design, testing and implementation phases of change delivery.  
• Excellent analytical skills and sound judgement.  
• The ability to lead complex analytical work independently with minimal oversight.  

Essential criteria

• Ability to quickly develop an understanding of FCRM and its application
• Strong stakeholder management skills, including constructive challenge where appropriate
• Ability to manage and prioritise multiple concurrent workstreams
• A proactive problem-solver with strong attention to detail
• Ability to handle sensitive and confidential information with discretion

Desirable criteria 

• Experience of working with transaction monitoring and sanctions screening vendors. 
• Experience of key systems or middleware that interacts with FCRM such as T24, OpenLink, Megara, SAA and ACE. 
• Awareness of waterfall and/or Agile project management methodologies. 
• Familiarity with project management and/or testing software e.g. Jira and xRay (or similar).