New Business & Risk Officer

Searchandselect; Douglas; On-site; GBP 45,000 - 65,000; Full time

Job summary

Searchandselect is seeking a Financial Crime Team Leader to join our client’s Onboarding and Risk Office in the UK. You will manage new client onboarding, perform risk assessments, and lead enhanced due diligence for higher-risk and PEP relationships, while supporting FATCA/CRS obligations and ongoing monitoring.

You will liaise with intermediaries and Relationship Managers to obtain required information, identify data gaps, and drive improvements in risk controls and client experience.

Qualifications

• Solid knowledge of account opening, KYC/CDD and risk review procedures.
• Understanding of corporate client structures for due diligence and compliance.
• Knowledge of FATCA and CRS requirements.
• Experience conducting enhanced due diligence for higher-risk clients, including PEPs.
• Ability to work independently and manage regulatory priorities.

Responsibilities

• Manage onboarding workflows and ensure compliant client applications.
• Carry out risk assessments, screening and due diligence checks.
• Collaborate with Relationship Managers for information and clarifications.
• Review trigger events and update client information and risk assessments.
• Perform enhanced CDD for higher-risk and PEP relationships.
• Support FATCA and CRS classification and reviews.
• Monitor overnight screening results and update as needed.
• Process data changes and account amendments with accuracy.
• Contribute to process improvements across onboarding and maintenance.
• Support change initiatives within the team.

Skills

KYC/CDD processes

Regulatory risk

Enhanced due diligence

PEP risk management

Risk assessments

Regulatory compliance

Communication skills

Time management

Independent working

AI tools (CoPilot)

Tools

CoPilot AI tools

Job description

Our client seeks an Onboarding - New Business & Risk Office to join their team.

This is a position where your knowledge of regulatory risk, CDD and client onboarding will be used to protect and enhance real client relationships - and where you will have the autonomy to identify improvements and make a genuine impact.

Key Responsibilities:

• Manage new client and account onboarding workflows, including subsequent account openings, ensuring all applications and internal documentation are complete, accurate and compliant.
• Complete and/or review risk assessments, checklists, screening and all other required searches as part of the onboarding process.
• Liaise effectively with Intermediaries and Relationship Managers to obtain clarification or additional information required for new client onboarding and existing client reviews.
• Carry out careful review of trigger events, ensuring client information and risk assessments are updated appropriately, with data discrepancies identified, addressed and escalated in a timely manner.
• Conduct enhanced CDD for higher-risk and PEP relationships, working collaboratively with Relationship Managers to ensure appropriate information, due diligence and supporting rationale are obtained, documented and escalated where required.
• Support FATCA and CRS requirements for new and existing client relationships, including undertaking classification reasonableness checks and referring matters for further review where appropriate.
• Undertake daily monitoring of overnight screening results as required.
• Process static data changes and account amendments with care and accuracy.
• Support Approved Introducer risk reviews, providing constructive feedback, identifying potential knowledge or training requirements and liaising with Relationship Managers as appropriate.
• Actively identify and recommend improvements to processes, controls and documentation, enhancing efficiency, consistency, client experience and risk management across onboarding and client maintenance activities.
• Support and champion change and development initiatives within the team.

Key Skills and Experience:

• Solid knowledge of account opening, KYC/CDD processes and risk review procedures.
• In-depth understanding of corporate client structures and their implications for customer due diligence and regulatory compliance.
• Detailed working knowledge of FATCA and CRS requirements.
• Experience conducting enhanced due diligence for higher-risk clients, including PEPs and complex structures.
• Some exposure to the management of regulatory risk within a large or regulated financial institution.
• Excellent written and verbal communication skills.
• The confidence to operate independently, elevate appropriately and maintain the appropriate priority for regulatory matters.
• Excellent personal organisation, planning and time management skills with a proven ability to meet deadlines.
• A challenging yet constructive and non-confrontational approach.
• Proficiency in AI-enabled productivity tools (such as CoPilot), with the ability to apply critical thinking and sound judgement when interpreting outputs, while maintaining full accountability for the quality and accuracy of work produced.

Our client seeks a Financial Crime Team Leader to join their team.Role Profile: [...].