Financial Crime Operations Analyst

Bound; Greater London; On-site; Confidential; Full time

Job summary

Bound is expanding its Compliance & Financial Crime Operations team in London to scale its controls as the business grows. The role focuses on end-to-end KYB processes, onboarding enhancements, and accurate screening against sanctions and PEP lists, ensuring robust risk management across entities and owners.

You will work closely with MLRO, Ops, Finance, Sales and Product to implement scalable, automated controls and maintain audit-ready records while staying aligned with FCA expectations and

Qualifications

• 2+ years' experience in Financial Crime, AML, KYB, or Compliance within a UK-regulated fintech, payments, EMI, or banking business.
• Strong knowledge of UK AML/CTF regulations, including Money Laundering Regulations, JMLSG guidance, and FCA expectations.
• Hands-on experience with KYB/KYC platforms and digital onboarding tools.
• Strong analytical skills and a risk-based approach to decision-making.
• Experience investigating transaction monitoring alerts and financial crime typologies in payments and FX environments.
• Collaborative by default, able to drive cross-functional projects and process improvements.

Responsibilities

• Own the end-to-end KYB lifecycle, including onboarding, remediation, and periodic reviews.
• Analyse, verify, and map complex corporate structures to identify Ultimate Beneficial Owners (UBOs).
• Perform risk-based screening using sanctions, PEP, and adverse media checks across entities and individuals.
• Assess and review source of wealth and source of funds.
• Identify and evaluate financial crime risk indicators and evolving regulatory expectations.
• Drive automation and process improvements across financial crime.

Skills

KYB

AML

Compliance

UK AML/CTF

Onboarding decisions

Transaction monitoring

Tools

KYB/KYC platforms

Digital onboarding tools

Job description

There's FX Hedging. And then there's Bound.

Use our software to set your strategy, let it run and never think about FX again.

No spreadsheets. No manual intervention. No guesswork. Just automated protection that works exactly how you want it to, with full visibility every step of the way.

Having just closed our Series A with investors behind Wise, Klarna, Cledara, GoCardless and CurrencyCloud, we're growing fast, with our GTM function set to 4x this year.

To support this growth, we’re expanding our Compliance & Financial Crime Operations function.

Why Bound

• A team that delivers. Sharp, down to earth people who get the job done and enjoy doing it together.
• A Soho home base. Central London, in the middle of it all.
• A market ready to move. 96% of the FTSE 500 hedge their FX risk. Only 4% of SMEs do. We're built to close that gap and it's ours to win.
• A product people love. No dead software. No shelfware. Customers set it, trust it, and stay.

Tasks

You’ll sit within Bound’s Operations function, working closely with the MLRO, Ops, Finance, Sales and Product teams to keep Bound’s financial crime controls sharp as the business scales.

Main responsibilities include:

KYB Client Due Diligence

• Own the end-to-end KYB lifecycle, including onboarding, remediation, and periodic reviews.
• Analyse, verify, and map complex corporate structures, including ownership hierarchies and control relationships, to identify Ultimate Beneficial Owners (UBOs).
• Perform risk-based screening using modern compliance tools, including sanctions, PEP, and adverse media checks across entities and associated individuals.
• Assess and review source of wealth and source of funds.
• Identify and evaluate financial crime risk indicators, including jurisdictional, sectoral, behavioural, and reputational risk factors.
• Partner with Sales and customers to streamline digital onboarding journeys.

Transaction Monitoring

• Investigate transaction monitoring alerts and identify suspicious activity.
• Recognise financial crime typologies across payments and FX (e.g. structuring, layering, rapid movement of funds, mismatches with stated business activity)
• Prepare internal escalations and Suspicious Activity Reports (SARs) for MLRO review.
• Maintain high-quality, audit-ready case management records within compliance systems
• Identify trends across alerts and feeding these back into rule tuning and risk assessments

Continuous Improvement

• Drive automation and process improvements across financial crime.
• Support the MLRO with MI, reporting and ad hoc regulatory requests
• Help maintain and evolve policies and procedures to ensure alignment with FCA expectations and evolving regulatory standards
• Contribute to building a scalable, technology-driven compliance function that grows with the business

Requirements

• 2+ years' experience in Financial Crime, AML, KYB, or Compliance within a UK-regulated fintech, payments, EMI, or banking business.
• Strong knowledge of UK AML/CTF regulations, including the Money Laundering Regulations, JMLSG guidance, and FCA expectations.
• Hands-on experience with KYB/KYC platforms and digital onboarding tools.
• Strong analytical skills and a risk-based approach to decision-making.
• Experience investigating transaction monitoring alerts and financial crime typologies in payments and FX environments.
• Tech-savvy, analytical, and naturally curious - you enjoy solving problems, not just spotting them
• Collaborative by default, happy to jump into cross-functional projects and make things happen
• Passionate about process improvement, automation, and building scalable compliance operations.
• Hiring process: 2–3 stages, including at least one in-person interview and a short technical task
• Based in London, with a 5-day office culture
• Candidates must have the right to work in the UK