Financial Crime Officer - Enhanced Due Diligence (Remote)
Cardiff
We’re Capital on Tap
Capital on Tap was founded with the mission to help small business owners and make their lives easier. Today, we provide an all-in-one business credit card & spend management platform that helps business owners save time and money. Capital on Tap proudly serves over 200,000 businesses across the world, with a goal to support 1 million small businesses by 2030.
Why Join Us?
We empower you to be innovative and solve complex problems. Take ownership, make an impact, and thrive in our scaling and agile environment.
This role is part of our First Line of Defence Financial Crime team. It is a remote position, working 2pm-10:30pm, Monday to Friday. You will complete your first week of onboarding onsite at our Cardiff office (9am-5:30pm) and then attend the office 2 days per quarter thereafter.
Financial Crime at Capital on Tap
The Financial Crime team consists of 62 members globally, responsible for ensuring compliance with AML and CTF regulations.
What You’ll Be Doing
* Conduct enhanced due diligence (EDD) on SME customers in the UK and US, focusing on KYB requirements during onboarding and throughout the customer lifecycle.
* Scrutinize complex ownership structures, including layered entities, trusts, offshore elements, and nominee arrangements, ensuring decisions align with risk appetite.
* Investigate high-risk or suspicious activities by analyzing corporate structures, customer profiles, and behaviors to identify red flags.
* Engage directly with customers when necessary to clarify business activities, ownership, or source of funds.
* Make risk-based decisions based on available information with documented rationale.
* Assess and document Source of Funds (SoF) and Source of Wealth (SoW) as appropriate.
* Handle transaction monitoring alerts and escalations following established procedures.
* Prepare Suspicious Activity Reports (SARs) for internal and external authorities.
* Act as a subject matter expert for financial crime escalations and support the wider team.
* Contribute to continuous improvement by sharing insights on emerging typologies and process enhancements.
Qualifications & Experience
* At least 4 years of experience in financial crime roles, specifically with EDD responsibilities for SME corporate customers in the UK and US.
* Strong understanding of KYB regulatory requirements across both jurisdictions.
* Ability to review and analyze complex ownership structures and make risk-based decisions.
* Excellent analytical, investigative, and report-writing skills with clear documentation.
* Attention to detail and ability to work efficiently in a high-volume environment.
* Confident communicator capable of explaining complex decisions to stakeholders and customers.
* Proactive in raising questions and identifying improvements.
* Relevant AML or Financial Crime qualification (e.g., ICA, ACAMS) is a plus but not essential.
Diversity & Inclusion
We welcome applications from all backgrounds and are committed to creating an inclusive environment where everyone can thrive.
Perks & Benefits
* Private Healthcare including dental and opticians services via Vitality
* Worldwide travel insurance
* Anniversary Rewards (£250, £500, £750) and 4-week paid sabbatical
* Salary Sacrifice Pension Scheme (up to 7% match)
* 28 days holiday plus bank holidays
* Annual Learning and Wellbeing Budget
* Enhanced Parental Leave
* Cycle to Work Scheme
* Season Ticket Loan
* 6 free therapy sessions per year
* Dog-friendly offices
* Free drinks and snacks
More details on our benefits, values, and mission are available on our website.
Application Process
* Stage 1: 30-minute introductory call with Talent Partner (video)
* Stage 2: 60-minute CV review with FinCrime Team Leader (in person)
Interested? Apply now! We aim to respond within 3-5 working days.
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