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

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

Job summary

Join a rapidly growing FinTech company as an Onboarding Compliance Specialist in Cardiff. You will actively engage in conducting Enhanced Due Diligence on high-risk customer accounts and serve as an expert advisor, playing a crucial role in mentoring teams while ensuring compliance with UK regulations.

Qualifications

• Expert knowledge of KYC, KYB, EDD, AML processes.
• Experience working in a banking organization essential.
• Thorough understanding of UK AML & CTF regulations.

Responsibilities

• Conduct and oversee Enhanced Due Diligence reviews on high-risk customer accounts.
• Advise and train internal teams on regulatory obligations.
• Hold final approval for high-risk customer account applications.

Skills

Expert knowledge of banking requirements

Experience reviewing high risk cases

Coaching and training colleagues

Understanding of UK AML & CTF regulations

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.