Senior EDD & Quality Control Lead
đź“Ť London (Hybrid Working)
Are you an experienced financial crime professional with deep expertise in Enhanced Due Diligence and a strong track record of assessing complex financial institutions and fintechs?
We’re partnering with a fast-growing, UK-licensed digital bank that is expanding its Banking Services offering. As part of this growth, they are looking for a Senior EDD & QC Lead to play a critical role in safeguarding the organisation through robust financial crime risk management.
The Opportunity
This is a high-impact role sitting within the Financial Crime Risk function, where you will lead Enhanced Due Diligence (EDD) activity across a diverse portfolio of fintech and non-bank financial institution clients.
You’ll be at the forefront of assessing financial crime risk — conducting in-depth onsite and virtual reviews, evaluating client frameworks, and providing clear, risk-based recommendations to senior stakeholders.
This role also offers the opportunity to shape best practice, mentor analysts, and influence how financial crime risk is assessed across a rapidly evolving client base.
Key Responsibilities
* Lead and deliver comprehensive EDD reviews across onboarding and periodic assessments
* Conduct onsite and virtual reviews of prospective and existing clients, with a focus on:
* Financial crime (AFC) frameworks
* Governance and oversight structures
* Business models and risk exposure
* Provide independent financial crime risk assessments of prospective clients, identifying red flags and control weaknesses
* Perform Quality Control (QC) reviews of EDD outputs, ensuring consistency and high standards
* Manage complex cases, escalations, and high-risk client assessments
* Present findings and recommendations to senior stakeholders and governance committees
* Produce and analyse MI relating to onboarding, reviews, and portfolio risk
* Coach and support EDD analysts, enhancing technical capability across the team
* Partner closely with internal stakeholders and external clients throughout the review lifecycle
What We’re Looking For
* Strong experience in Enhanced Due Diligence within financial services, ideally covering fintechs, EMIs, payment firms, or correspondent banking
* Proven track record of conducting onsite client reviews and assessments of financial crime frameworks
* Experience delivering financial crime risk assessments of prospective clients
* Deep understanding of financial crime risks and control frameworks, including common weaknesses in complex institutions
* Experience reviewing and challenging AFC programmes, governance structures, and risk controls
* Prior experience in QC, oversight, or mentoring analysts
* Strong working knowledge of UK regulatory requirements (MLR 2017, POCA, JMLSG, SARs, etc.)
* Excellent communication skills, with the ability to translate complex risk into clear insights
* High attention to detail, strong judgement, and the ability to operate in a fast-paced environment
⚠️ Please note: This role requires significant EDD and financial crime risk experience. Candidates with KYC-only or purely retail banking backgrounds are unlikely to be suitable.
Why Apply?
* Work in a high-growth, innovative banking environment supporting leading fintech clients
* Exposure to complex, high-value financial crime risk assessments
* Opportunity to influence and shape EDD standards and frameworks
* Collaborative, inclusive culture with strong career development opportunities
* Hybrid working and a comprehensive benefits package, including:
* Private healthcare & wellness support
* Generous pension and insurance cover
* Enhanced annual leave and flexible holiday options
* Family-friendly policies
* Retail discounts and regular team socials
Barclay Simpson – the trusted name in Financial Crime recruitment: https://www.barclaysimpson.com/specialisms/financial-crime-jobs/
This job was published by Barclay Simpson: https://www.barclaysimpson.com/job/edd-qc-lead/