At a Glance
- Tasks: Conduct due diligence on SME customers and investigate suspicious activities.
- Company: Join a fast-growing fintech revolutionising small business finance.
- Benefits: Enjoy private healthcare, generous holiday, and a supportive work environment.
- Other info: Diverse and inclusive workplace with excellent growth opportunities.
- Why this job: Make a real impact in financial crime prevention while developing your career.
- Qualifications: Experience in financial crime with strong analytical and communication skills.
The predicted salary is between 30000 - 40000 £ per year.
We’re Capital on Tap. Capital on Tap started because small businesses were underserved. Big banks were slow, their products weren't fit for purpose, and small business owners often couldn't access what they needed. We set out to fix that. Today we're a financial platform – not just a credit card company. We offer a best‑in‑class business credit card, SME‑focused spend management platform, a savings product that hit £1 billion in funds within its first year, and a growing suite of tools and financial products that make running a small business easier.
Our Financial Crime team is growing quickly along with the company. They work on the front line to protect the company against financial crime such as money laundering and terrorist financing. From screening, onboarding, transaction monitoring through to CDD and EDD, they make decisions that really matter on a daily basis.
What You’ll Be Doing
- Conduct CDD and EDD on SME customers in both the UK and US, with a focus on Know Your Business (KYB) requirements during onboarding and throughout the customer lifecycle.
- Independently scrutinise and assess beneficial and complex ownership structures, including layered entities, trusts, offshore elements, and funds, ensuring decisions align with Capital on Tap's risk appetite.
- Investigate high‑risk or suspicious activity by analysing corporate structures, customer profiles, and behaviour to identify and mitigate red flags and indicators of financial crime.
- Engage directly with customers, when needed, to clarify business activities, ownership, or source of funds/wealth.
- Make sound, risk‑based decisions based on available information and documented rationale.
- Handle Transaction Monitoring alerts and escalations in line with established procedures, ensuring both quality and timeliness are met.
- Prepare Suspicious Activity Reports (SARs) for internal approval and external submission to relevant authorities (NCA, FINCEN).
- Act as a subject matter expert for financial crime escalations, providing support across the wider FinCrime team and business.
- Support continuous improvement by sharing insights on emerging financial crime typologies and contributing to enhancements in monitoring, onboarding, and ongoing review processes.
We pilot new ideas fast, ask questions to figure it out, and scale quickly. Fast is as slow as we go – speed and simplicity give us a competitive advantage. We tap in from day one to help the team – we do the right thing even if it’s hard. We don’t chase people. If you own a task and agree to a date, the expectation is that it gets done. We want our employees to flourish, so we regularly provide direct and constructive feedback.
Qualifications
- Demonstrable experience in financial crime, specifically with CDD and EDD responsibilities for SME corporate customers in the UK and US.
- Strong understanding of KYB regulatory requirements and expectations across both UK and US jurisdictions.
- Experience of reviewing, assessing, and articulating risk of high‑risk customer bases, operating within higher risk industries and sectors.
- Demonstrated ability to independently review and analyse complex ownership structures, including trusts, funds, offshore vehicles, and multi‑layered entities, and make risk‑based decisions in line with company risk appetite.
- Strong analytical, investigative, and report‑writing skills with clear documentation of findings.
- Exceptional attention to detail and the ability to work efficiently in a high‑volume, fast‑paced environment.
- Confident communicator, capable of explaining complex decisions to both internal stakeholders and external customers.
- Comfortable proactively raising questions and identifying areas for improvement.
Benefits
- Private Healthcare, including dental and opticians services through Vitality
- Worldwide travel insurance through Vitality
- Anniversary Rewards (£250, £500, £750, 4-week fully paid sabbatical)
- Salary Sacrifice Pension Scheme up to 7% match
- Octopus EV Salary Sacrifice Scheme
- 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 in our offices
If you’d like to progress your career within our fast growing, profitable fintech then click apply and we will aim to get back to you within 3 working days (during busy periods this could take up to 5 working days).
Diversity & Inclusion
We welcome, consider and encourage applications from anyone who shares our commitment to inclusivity. Join us in creating a space where authenticity thrives, and everyone can do their best work.
Equal Employment Opportunity
At Capital on Tap we are fully focused on equality and believe deeply in diversity of race, gender, sexual orientation, religion, ethnicity, ability, national origin and all the other characteristics that make us who we are. We want to be a place where a diverse mix of talented people want to come and do their best work and most importantly feel included and that they can be their authentic selves.
FinCrime Due Diligence Analyst New Manchester employer: Capital on Tap
At Capital on Tap, we pride ourselves on being an exceptional employer that champions inclusivity and employee growth. Our Manchester office fosters a dynamic work culture where innovation thrives, offering comprehensive benefits such as private healthcare, generous holiday allowances, and a commitment to professional development. Join us in making a meaningful impact in the fintech space while enjoying a supportive environment that values your contributions.
StudySmarter Expert Advice🤫
We think this is how you could land FinCrime Due Diligence Analyst New Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Capital on Tap. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace FinCrime Due Diligence Analyst New Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Capital on Tap.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Capital on Tap's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Capital on Tap
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Capital on Tap.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Capital on Tap will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Capital on Tap employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
