KYC Associate

B4B Payments - A Banking Circle Group Company; Greater London; On-site; GBP 52,000 - 68,000; Full time

Benefits offered by this job

25 days annual leave

Annual wellness day off

Employee Assistance Programme counsell

Retail discounts

Vitality health care plan

Nous Finance access

Job summary

B4B Payments seeks a detail-oriented Client Onboarding and Risk Analyst to join our team in London. You will onboard clients, perform ODD/CDD, assess regulatory compliance and monitor risk across client operations, raising any red flags promptly.

Working with Legal, Finance and Operations, you will help improve processes, compile detailed due diligence reports, and stay ahead of regulatory changes to safeguard the business and clients.

Qualifications

• Minimum of 2 years of experience in CDD, ODD, financial analysis, or a related field.
• Strong understanding of KYB, risk analysis, and compliance procedures.
• Excellent written and verbal communication, with ability to present complex information.
• Fluent English both in speaking and writing.

Responsibilities

• Onboard clients and conduct ongoing due diligence including risk assessments.
• Review registries, databases and perform background checks to assess financial crime risks.
• Identify issues, anomalies, or discrepancies and escalate.
• Prepare due diligence reports with risk assessments and recommendations.
• Collaborate with Legal, Finance, Account Management and Operations.
• Support IT development to automate due diligence processes.

Skills

CDD

ODD

KYB

Risk analysis

Compliance

Communication

Fluent English

Job description

B4B Payments is part of the Banking Circle Group, a 1,000+ person ecosystem owned by the EQT investment organisation, which also includes Banking Circle (global payments, accounts, liquidity, and FX for financial institutions and regulated businesses), and YOULEND (revenue-based financing).

B4B Payments is an embedded and direct payment services provider offering card issuing and BIN sponsorship, and accounts, payments and FX to businesses, with the tools, APIs and infrastructure to allow clients and partners to build cutting-edge financial services. The B4B Payments leadership team has extensive payments experience and is committed to driving continued growth and scale as we expand internationally, with a presence in the UK, Europe and US.

We operate as an independent affiliate of Banking Circle, and while we are separate companies, we work closely together to deliver a market-competitive and continually evolving product offering that augments established EMI-licensed card capabilities from B4B Payments with world-class payments, accounts and FX capabilities from Banking Circle. We are a global and diverse team, with our headquarters in London (UK), and offices in Newcastle (UK), Vilnius (Lithuania) and Boston (US).

About the role

We are seeking a detail-oriented and analytical Client Onboarding and Risk Analyst responsible for onboarding and ongoing due diligenceto join our team.

In this role, you will be responsible for onboarding, monitoring, assessing, and reporting on the ongoing performance and risk profile of our clients. You will play a key role in ensuring that our clients’ ongoing operations align with regulatory standards and contractual obligations, while identifying potential risks or red flags.

The successful candidate will assist the Team Lead in identifying risks and suggesting improvements to the existing processes.

Key Responsibilities

• Be responsible for onboarding our clients, which includes reviewing collecting necessary documentation and completing a risk assessment.
• Be responsible for conducting Ongoing Due Diligence (ODD) on our clients, which includes reviewing and evaluating their activities, collecting necessary documentation, and sourcing external information to assess compliance and risk.
• Be responsible for reviewing a variety of registries, business and customer databases. This will involve using a combination of third-party and internal tools to conduct background checks, perform research, verify documents, and assess financial crime risks through both internal and external sources.
• Identify and elevate any issues, anomalies, or discrepancies that may require attention or corrective action.
• Prepare detailed due diligence reports, including risk assessments, financial analyses, and recommendations.
• Collaborate with cross-functional teams, including Legal, Finance, Account Management and Operations, to ensure all areas of due diligence are thoroughly addressed.
• Actively contribute to the automation of the ongoing due diligence process by providing insights and suggestions for further IT development and improvements
• Maintain up-to-date knowledge of regulatory changes and market conditions relevant to ongoing due diligence activities.
• Communicate findings and recommendations to the Team lead.

Skills and Knowledge Required

Essential (Need to have)

• Minimum of 2 years of experience in CDD, ODD, financial analysis, or a related field.
• Strong understanding of KYB, risk analysis, and compliance procedures.
• Excellent communication skills, both written and verbal, with the ability to present complex information to diverse audiences.
• Fluent English both in speaking and writing

Desirable (Nice to have)

• High attention to detail, with strong organizational and time management skills.
• Ability to work independently and as part of a team in a fast-paced environment.

The role offers:

• 25 days annual leave
• Annual wellness day off
• Access to one-to-one confidential counselling sessions through our Employee Assistance Programme
• Access to retail & other discounts
• Vitality health care plan
• Access to ‘’Nous Finance-a smart way to save money’’

Make a difference:

We’re always on thelook outfor talented individuals to help take us further – It’s important to us to hire the right people and where you can grow work out a role that works.

Our Values

• Ownership & Accountability: We take responsibility for outcomes, not just tasks.
• Drive, Ambition & Initiatives: We move fast, think big, and don't wait to be asked.
• Positive Mindset & Resilience: We solve problems with energy, even when the path isn't clear
• Collaboration & Trust: We work together openly, with each other, with clients and with partners
• Customer & Commercial Focus: Every decision starts with the customer and ends with the values delivered.