1. Senior Financial Crime Associate - Payments, Crypto, Fintech
2. Generalist Financial Crime role within a fast paced 'fintech' environment
About Our Client
The organisation is a small-sized financial services firm, offering a range of services such as, Payments, Acquiring Crypto and Corp Banking services.
Job Description
3. Lead complex KYC and EDD investigations for individuals, SMEs, and higher‑risk payment merchants, validating business models, processing flows, and jurisdictional exposure.
4. Assess merchant acquiring and PSP‑specific risks, including chargeback exposure, flow‑of‑funds structures, high‑risk sector activity, and transaction‑velocity patterns.
5. Perform advanced onboarding risk assessments, providing expert recommendations on merchant approval, decline, or enhanced control measures.
6. Manage and quality‑review high‑volume transaction‑monitoring queues, analysing 100+ alerts daily across multiple payment channels (card, bank transfers, open banking).
7. Investigate complex transactional behaviour, such as layering, structuring, rapid throughput, or third‑party payment activity, preventing fraud and money‑laundering misuse.
8. Conduct sanctions, PEP, and adverse‑media screening on merchants, UBOs, and key controllers, ensuring accurate risk classification for multi‑jurisdiction payment flows.
9. Draft precise RFIs tailored to payment‑sector risk, including clarifying processing volumes, payment flows, business model legitimacy, and operational processes.
10. Prepare clear, well‑rationalised SARs relating to payment fraud, mule‑account activity, high‑risk sectors, unusual volume spikes, and suspected ML patterns.
11. Collaborate with the MLRO, Product, and Risk teams to enhance payment‑specific controls such as velocity rulesets, KYB workflows, and merchant‑monitoring triggers.
12. Act as an escalation point for complex merchant and transaction‑based investigations, supporting junior analysts and operational teams.
The Successful Applicant
13. Deep expertise in KYC, KYB, and EDD for payment merchants, including assessing higher‑risk sectors, flow‑of‑funds structures, and transaction‑velocity patterns.
14. Hands‑on experience with transaction‑monitoring tools, sanctions/PEP screening systems, and rule‑based monitoring specific to card payments, bank transfers, and fintech payment rails.
15. Ability to draft clear, concise RFIs and SARs, demonstrating strong written communication and the ability to articulate risk clearly to internal stakeholders and regulators.
16. Previous experience within a payments, crypto, or neo‑banking environment, with a strong understanding of industry‑specific risks, operating models, and regulatory expectations.
What's on Offer
17. Competitive daily rate between GBP 225 to GBP 250.
18. Opportunity to work within the innovative payments and neo-banking industry in London.
19. Temp to Perm position offering valuable experience in financial crime and compliance.