Financial Crime Analyst - Transaction Monitoring

Edinburgh

Edinburgh

4 days a week in the ofiice

• Are you curious, excited by experimentation and always looking for a better way of doing things?
• Do you want to keep learning and developing while getting hands-on experience across the full breadth of financial crime operations?
• Do you want the opportunity to work in a high-growth, fast-paced and collaborative environment with fantastic clients and partners?

If so, we would love to hear from you.

This is a great opportunity to support Modulr, a leading payments business in the UK and Europe, in our ambition to scale effectively while maintaining robust, compliant and efficient financial crime operations.

Modulr enables businesses, from SMEs to Enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment schemes, accounts, and card products.

We have created an industry-leading API platform with comprehensive online tools and access, to meet the demands of daily business payments. We solve complex payment problems for hundreds of clients in a range of industries, including Travel, Lending, Wage Advance, and Investment & Wealth.

We are deeply integrated into the payment ecosystem. In the UK, we are direct participants of Faster Payments, CHAPS and Bacs. Modulr hold settlement accounts at the Bank of England. Our payment network connectivity includes Open Banking, SEPA, SWIFT and account issuance in multiple currencies. We are principal issuing members of Visa and Mastercard schemes across UK and Europe.

We are regulated and supervised as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank.

Modulr now has over 500 employees spread globally across offices in London, Edinburgh, Amsterdam, and Mumbai.

• Building the extraordinary; going that extra mile.
• Owning the opportunity; be passionate and proud of the time you invest.
• Move at pace; reach goals faster whilst supported on your career journey.
• Achieve it together; working collaboratively and being a Modulite.

The Financial Crime Operations function executes processes to mitigate risks to Modulr as they relate to Money Laundering/Terrorist Financing, Fraud, Sanctions, and other Financial Crime risks.

We are seeking a detail-oriented and driven Financial Crime Analyst to join our Transaction Monitoring team in Edinburgh. While the role sits within Transaction Monitoring, Financial Crime Operations works as one connected function, and you will be expected to flex across Transaction Monitoring, Fraud, and Screening as priorities demand, with the potential to also support Onboarding and CDD. You will build a broad, well-rounded skill set across financial crime disciplines.

You will report into the Transaction Monitoring Team Manager and work closely with colleagues across Fraud, Screening, and the wider Financial Crime Operations team to ensure alerts, cases and reports are handled accurately and within required timescales.

This is a great opportunity for someone looking to build broad, versatile expertise in financial crime risk management within a dynamic, fast-paced environment.

Your day-to-day work will be varied, with tasks shared across Transaction Monitoring, Fraud and Screening depending on business need. This will typically include:

• Reviewing and investigating alerts and cases generated across Transaction Monitoring, Fraud and Screening, applying sound risk-based judgement.
• Carrying out research and analysis to support decision-making, including account history, transactional patterns, and relevant watchlist or media checks.
• Documenting findings clearly and, where required, preparing and filing reports (such as SARs/UTRs) with internal and external stakeholders within agreed timescales.
• Potentially supporting client onboarding and Customer Due Diligence (CDD), including reviewing onboarding information, verifying customer details and assessing risk in line with internal policies.
• Identifying process, system, and control improvements, and sharing emerging financial crime trends and typologies with the wider team.
• Maintaining quality and consistency in your own work, meeting internal QC and SLA standards.
• Collaborating with colleagues across Fraud, Transaction Monitoring, Screening, and other Financial Crime Operations teams to support consistent risk assessment and process alignment.
• Taking on ad hoc tasks and projects across the function as…