Financial Crime - Senior Business Change Delivery Analyst

Leeds, United Kingdom Bank of England Job Description

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).

Our Approach to Inclusion

The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.

At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it's by drawing on different perspectives and experiences that we'll continue to make the best decisions for the public.

We welcome applications from individuals who work flexibly, including job shares and part time working patterns. We've also partnered with external organisations to support us in making adjustments for candidates and employees in the recruitment process where they're needed.

From 1st October 2026, we expect all our colleagues to spend a minimum of 50% of their working time in the office per month. This is to capitalise on the benefits of working together in person across teams, while maintaining the flexibility offered by home working. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.

Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the 'Candidate Personal Information' under the 'Disability Confident Scheme' section of the application.

Salary and Benefits Information

We encourage flexible working, part time working and job share arrangements. Part time salary and benefits will be on a pro-rated basis as appropriate.

This role offers a salary £50,320 - £56,610.

In addition, we also offer a comprehensive benefits package as detailed below:

• Currently a non-contributory, career average pension giving you a guaranteed retirement benefit of 1/80th of your annual salary for every year worked. There is the option to increase your pension (to 1/65th) or decrease (to 1/105th) in exchange f