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

FinTech People; Cardiff; Remote; GBP 35,000 - 38,000; Full time

Job summary

A rapidly growing FinTech company in Cardiff seeks an Onboarding Compliance Specialist. The role involves overseeing enhanced due diligence on complex customer accounts, providing expertise in AML and CDD, and training internal teams. Applicants should have significant experience in banking compliance and be willing to work onsite post-training.

Qualifications

• Expert knowledge of banking KYB / CDD / EDD / AML required.
• Experience in mentoring, coaching, and training colleagues needed.
• Detailed understanding of UK AML & CTF regulations essential.

Responsibilities

• Conduct EDD reviews on high-risk customer accounts.
• Act as SME for escalated compliance queries.
• Deliver training on KYC / KYB / EDD processes.
• Collaborate with stakeholders for process improvements.

Skills

Expert knowledge of banking KYB

Experience reviewing high risk cases

Knowledge of UK AML & CTF regulations

Mentoring and coaching skills

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.