Financial Crime Analyst

The company

Small businesses move fast. Opportunities often don’t wait, and cash flow pressures can appear overnight. To keep going, and growing, SMEs need finance that’s as flexible and responsive as they are.

That's why we built iwoca. Our smart technology, data science and five-star customer service ensures business owners can act with the speed, confidence and control they need, exactly when it's needed.

We’ve already cleared the way for 100,000 businesses with more than £4 billion in funding. Our passionate team is driven to help even more SMEs succeed, through access to better finance and other services that make running a business easier. Our ultimate mission is to support one million SMEs in their defining moments, creating lasting impact for the communities and economies they drive.

We’re looking for a Financial Crime Analyst (Hybrid)

If you’re curious, analytical and enjoy getting into the detail, this could be the role for you. You’ll dive into suspicious activity, help protect small businesses from fraud and financial crime, and play a key part in keeping our processes sharp and secure.

The role

• Investigate potential fraud and AML cases. Analysing complex indicators such as CIFAS alerts, facial biometric anomalies, device-based red flags, and signs of document tampering

• Screen PEP, sanction, and adverse media matches efficiently and accurately

• Take ownership of customer verification on a case-by-case basis, independently determining the necessary information required to reduce fraud and money laundering risks

• Identify bottlenecks and drive process improvements to continuously optimise team efficiency

• Partner closely with our Account Managers, Credit Analysts and Broker teams to balance robust fraud prevention standards with a fast, seamless service

• Work alongside advanced AI-driven detection engines. Demonstrating a strong balance between data-driven machine learning insights and human investigative intuition.

The requirements

We look for people who are smart, humble, motivated and who are always looking to improve.

• 1+ years of experience within a financial crime related role

• A solid foundational knowledge of fraud and financial crime

• A confident communicator who is comfortable delivering constructive, candid feedback

• Thrives in a fast-paced environment with a resilient, enthusiastic approach to regular change

• Comfortable navigating ambiguity and making sound decisions based on limited data or guidance

• A pragmatic, risk-based approach to case investigations

• An analytical mindset paired with a practical, execution-focused style of problem-solving

• Demonstrates curiosity to use and learn more about AI tools. You’ll already be comfortable using AI tools in practical ways to help solve problems, increase productivity and improve quality of work

• Data analytics skills are an advantage

The salary

We expect to pay from £30,000 - £35,000 in Leeds and £35,000 - £40,000 in London for this role. But, we’re open-minded, so definitely include your salary goals with your application. We routinely benchmark salaries against market rates, and run quarterly performance and salary reviews.

The culture

At iwoca, the best idea wins. We model our culture on independent thinking, challenging untested logic, and evidence-based decisions. We prioritise learning and growth, and give people the autonomy to develop in the direction that makes them most effective.

We're a tech company and believe in the power of AI to help us work faster and better. We provide the infrastructure where every iwocan always has access to the best models and where those models have access to all of our data. We will help our people to learn how to use and grow with the new tools available to them.

The offices

We put a lot of effort into making iwoca a great place to work:

• Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.

• Events and community-led groups, including running groups, padel, and monthly ping-pong and pool competitions.

The benefits

• Flexible working hours.

• Medical insurance from Vitality, including discounted gym membership.

• A private GP service (separate from Vitality) for you, your partner, and your dependents.

• 25 days’ holiday per year, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave.

• A one-month, fully paid sabbatical after four years.

• Instant access to external counselling and therapy sessions for team members that need emotional or mental health support.

• 3% Pension contributions on total earnings.

• An employee equity incentive scheme.

• Generous parental leave and a nursery tax benefit scheme to help you save money.

• Electric car scheme and cycle to work scheme.

• Two company retreats a year: we’ve been to France, Italy, Spain, and further afield.

And to make sure we all keep learning, we offer:

• A learning and development budget for everyone.

• Company-wide talks with internal and external speakers.

• Access to learning platforms like Treehouse.

Useful links:

• iwoca benefits & policies https://coda.io/@iwocauk/iwoca-benefits-policies-uk