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- Tasks: Conduct EDD reviews on high-risk customer accounts and mentor teams.
- Company: Join a fast-growing FinTech company making waves in the banking sector.
- Benefits: Enjoy a competitive salary, excellent benefits, and hybrid work options.
- Why this job: Be a key player in compliance while shaping the future of finance.
- Qualifications: Expertise in AML regulations and experience in banking required.
- Other info: Must be within commuting distance of Cardiff for office work.
The predicted salary is between 35000 - 38000 £ per year.
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.
AML Specialist - EDD / High Risk Accounts - Hybrid/Not Remote - Banking / FinTech Company employer: FinTech People
Contact Detail:
FinTech People Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AML Specialist - EDD / High Risk Accounts - Hybrid/Not Remote - Banking / FinTech Company
✨Tip Number 1
Familiarise yourself with the latest UK AML & CTF regulations, including POCA and JMLSG. Being well-versed in these regulations will not only boost your confidence but also demonstrate your commitment to compliance during interviews.
✨Tip Number 2
Network with professionals in the banking and FinTech sectors, especially those who specialise in compliance. Attend industry events or join relevant online forums to gain insights and potentially get referrals for the role.
✨Tip Number 3
Prepare to discuss specific high-risk cases you've handled in the past. Be ready to explain your thought process and the outcomes, as this will showcase your expertise and problem-solving skills to potential employers.
✨Tip Number 4
Highlight any experience you have in mentoring or training colleagues. This is a key aspect of the role, so demonstrating your ability to coach others will set you apart from other candidates.
We think you need these skills to ace AML Specialist - EDD / High Risk Accounts - Hybrid/Not Remote - Banking / FinTech Company
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with EDD, AML, and KYC processes. Use specific examples from your previous roles that demonstrate your expertise in handling high-risk accounts.
Craft a Compelling Cover Letter: In your cover letter, express your passion for compliance and your understanding of UK AML & CTF regulations. Mention how your skills align with the responsibilities outlined in the job description.
Highlight Relevant Experience: When detailing your work history, focus on your experience in banking organisations and any mentoring or training roles you've held. This will show your capability to coach colleagues effectively.
Showcase Continuous Improvement Mindset: Include examples of how you've used data-driven insights to improve processes in your previous roles. This aligns with the company's focus on enhancing procedures and driving continuous improvement.
How to prepare for a job interview at FinTech People
✨Know Your AML Regulations
Make sure you have a solid understanding of UK AML & CTF regulations, including POCA, JMLSG, MLR 2017, and FATF. Be prepared to discuss how these regulations apply to high-risk accounts and your experience in navigating them.
✨Showcase Your EDD Expertise
Highlight your experience with enhanced due diligence reviews. Be ready to provide examples of complex customer accounts you've worked on and the methodologies you used to assess risk.
✨Demonstrate Coaching Skills
Since mentoring and training colleagues is a key part of the role, prepare to discuss your previous experiences in coaching others. Share specific instances where your guidance led to improved compliance or understanding within a team.
✨Engage with Stakeholders
Emphasise your ability to work collaboratively with senior stakeholders. Prepare to discuss how you've supported gap analysis and thematic reviews in past roles, showcasing your communication and teamwork skills.
