AML Specialist - EDD / High Risk Accounts - Hybrid/Not Remote - Banking / FinTech Company

ZipRecruiter; Bolton; Remote; GBP 35,000 - 38,000; Full time

Job summary

Join a rapidly growing FinTech company as an Onboarding Compliance Specialist. This role includes conducting enhanced due diligence reviews on high-risk customer accounts, serving as a subject matter expert, and mentoring colleagues. The position is office-based in Cardiff and offers a competitive salary between £35,000 and £38,000 plus benefits.

Qualifications

• Experience reviewing high risk customer accounts.
• Detailed understanding of UK AML & CTF regulations.
• Experience working in a banking organisation.

Responsibilities

• Conduct EDD reviews on high-risk customer accounts.
• Act as a subject matter expert for KYC/KYB queries.
• Mentor colleagues on KYC/EDD processes.

Skills

Expert knowledge of banking KYB

Expert knowledge of AML regulations

Experience in mentoring and coaching

Job description

Job Description

Join a rapidly growing FinTech company as an Onboarding Compliance Specialist. You will be responsible for conducting and overseeing EDD (enhanced due diligence) reviews on high-risk / complex customer accounts. You will serve as a subject matter expert for the business, advising and training internal teams on best practice and regulatory obligations.

Key Responsibilities:

• Review high risk / complex customer account applications.
• Lead and conduct in depth reviews / EDD of current customer accounts and activity.
• Act as SME for escalated KYC / KYB / CDD / EDD queries.
• Hold final approval for high risk customer account applications and reviews.
• Work collaboratively with senior stakeholders across 1LOD/2LOD providing support for gap analysis and thematic reviews.
• Work closely with, and provide expert advice, to wider operations teams and business leaders.
• Coach and mentor colleagues; delivering up to date and concise KYC / KYB / EDD training.
• Use data driven insights and personal observations to drive continuous improvement.
• Constructively challenge current processes and procedures and make recommendations to enhance processes.

Essential experience includes:

• Expert knowledge of banking KYB / CDD / EDD / AML / Onboarding requirements.
• Experience reviewing high risk cases.
• Detailed understanding of UK AML & CTF regulations POCA, JMLSG, MLR 2017, FATF etc.
• Experience mentoring, coaching and training colleagues.
• Experience working in a banking organisation is essential.

️Location is key: Applicants must live within a commutable distance of Cardiff and be available to work from the office at least three days per week following a 6 week office based training period.

Salary: £35-38,000 plus excellent benefits.