At a Glance
- Tasks: Conduct enhanced due diligence reviews on high-risk clients to combat financial crime.
- Company: Join Corpay, a global leader in innovative payment solutions.
- Benefits: Enjoy 25 days holiday, flexible discounts, and access to thousands of online courses.
- Other info: Be part of a diverse team committed to innovation and continuous improvement.
- Why this job: Make a real impact in compliance while developing your skills in a fast-paced environment.
- Qualifications: Strong communication skills and a proactive mindset; AML/KYC experience preferred but not required.
The predicted salary is between 35000 - 45000 £ per year.
We are currently looking to hire an Associate EDD Analyst within the ABS sector as part of our Alpha line of business. This role plays a critical part in protecting the organisation from money laundering and broader financial crime risks by conducting enhanced due diligence reviews on high-risk clients and scenarios. In this position, you will be responsible for assessing whether identified financial crime risks are sufficiently mitigated and aligned with Alpha’s risk appetite, as well as investigating escalated high-risk factors such as politically exposed persons (PEPs) and adverse media findings in accordance with regulatory requirements and internal policies. You will work closely with internal stakeholders across the business to support growth while upholding strong compliance standards, contributing to risk identification efforts and helping to enhance processes that strengthen the organisation’s defences against financial crime, money laundering, and terrorist financing.
Key Responsibilities
- Conducting comprehensive reviews of high-risk client accounts to evaluate the risks posed, ensuring adherence to procedural, policy and regulatory requirements.
- Handling complex cases and assessing escalations from 1st Line (and escalating further where required), pertaining, but not limited to:
- Adverse media
- PEPs
- SOEs
- Risk appetite
- Policy exceptions/deviations
- AML Letters
- Providing EDD guidance to the 1st Line, Client Service, and Sales teams with the support of an Analyst/Senior/TL.
- With support, contributing to the wider compliance framework, supporting in the development of internal processes and procedures.
- Conducting analysis with a command in alternative investment structures, becoming adept in various client types, including corporate entities, trusts, funds, SPVs.
- Ensuring all work is carried out with the highest standards of quality and adherence to policies and actively work on individual performance with Line Manager.
- Mastering various compliance platforms, screening tools and systems to streamline department workflow.
- Responding to queries from various business units promptly and efficiently.
Qualification and Skills
- Strong interpersonal skills with an ability to communicate at all levels of the organisation.
- Pro-active approach with a mindset of looking for constant improvement in all aspects of their work.
- An ambitious person eager to continually develop their skillset who will embrace the pressure and ongoing change within a fast-paced team.
- Accuracy and a keen attention to detail to ensure the highest quality work in line with Alpha’s standards.
- Interest in compliance, know your customer (KYC), and anti-money laundering regulations is required; 1-2 years of AML/KYC experience is preferred but not required.
- Excellent written and oral communication skills in English.
Benefits and Perks
- 25 days per annum + 8 bank holidays.
- Option to buy or sell up to 5 days annually during the benefits enrollment window.
- Employee contribution of 3% matched with 5% from Corpay.
- Provided by Vitality with no excess (Corpay covers £250 excess).
- Access to flexible discounts, supermarket savings, and more.
- Complimentary access to thousands of online courses.
- Volunteering days and engagement in fun company-wide contests and initiatives.
Associate EDD Analyst employer: Corpay, Inc.
Corpay is an exceptional employer located in London, offering a dynamic work environment that prioritises innovation and compliance. Employees benefit from a comprehensive package including generous leave, professional development opportunities through access to online courses, and a culture that values diversity and inclusion. With a focus on employee growth and a commitment to maintaining high standards, Corpay provides a meaningful and rewarding career path for those looking to make a significant impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Associate EDD Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you answer questions confidently and show that you're genuinely interested in the role.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your answers. Focus on articulating your experience with compliance and risk management, as these are key for the Associate EDD Analyst role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team and contributing to our mission.
We think you need these skills to ace Associate EDD Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Associate EDD Analyst role. Highlight any relevant experience in compliance, KYC, or AML, and don’t forget to showcase your attention to detail and analytical skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about compliance and how your skills align with our mission at Corpay. Keep it concise but impactful!
Showcase Your Communication Skills:Since this role involves liaising with various teams, make sure to demonstrate your strong written communication skills. Use clear and professional language throughout your application to reflect this.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of being noticed. It’s super easy and ensures your application goes straight to the right people!
How to prepare for a job interview at Corpay, Inc.
✨Know Your Compliance Basics
Before the interview, brush up on your knowledge of compliance, KYC, and AML regulations. Being able to discuss these topics confidently will show that you're serious about the role and understand its importance in protecting the organisation from financial crime.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific high-risk scenarios, such as dealing with PEPs or adverse media findings. Think through some examples beforehand and be ready to explain your thought process and decision-making criteria.
✨Show Off Your Attention to Detail
Since this role requires a keen eye for detail, be prepared to demonstrate this skill during the interview. You might be given a sample case to review or asked about how you ensure accuracy in your work. Highlight any past experiences where your attention to detail made a difference.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions! Inquire about the team dynamics, the tools they use for compliance checks, or how they measure success in the role. This shows your genuine interest and helps you assess if the company is the right fit for you.
