Job Description
Join a rapidly growing FinTech company as an Onboarding Compliance Specialist. You will be responsible for conducting and overseeing EDD (enhanced due diligence) reviews on high-risk / complex customer accounts. You will serve as a subject matter expert for the business, advising and training internal teams on best practice and regulatory obligations.
Key Responsibilities:
* Review high risk / complex customer account applications.
* Lead and conduct in depth reviews / EDD of current customer accounts and activity.
* Act as SME for escalated KYC / KYB / CDD / EDD queries.
* Hold final approval for high risk customer account applications and reviews.
* Work collaboratively with senior stakeholders across 1LOD/2LOD providing support for gap analysis and thematic reviews.
* Work closely with, and provide expert advice, to wider operations teams and business leaders.
* Coach and mentor colleagues; delivering up to date and concise KYC / KYB / EDD training.
* Use data driven insights and personal observations to drive continuous improvement.
* Constructively challenge current processes and procedures and make recommendations to enhance processes.
Essential experience includes:
* Expert knowledge of banking KYB / CDD / EDD / AML / Onboarding requirements.
* Experience reviewing high risk cases.
* Detailed understanding of UK AML & CTF regulations POCA, JMLSG, MLR 2017, FATF etc.
* Experience mentoring, coaching and training colleagues.
* Experience working in a banking organisation is essential.
📍🗺️Location is key: Applicants must live within a commutable distance of Cardiff and be available to work from the office at least three days per week following a 6 week office based training period.
Salary: £35-38,000 plus excellent benefits.