At a Glance
- Tasks: Conduct KYC checks and risk assessments for new customers in a dynamic team.
- Company: Equals Money, a leading fintech company focused on easy money management.
- Benefits: Competitive salary, 25 days holiday plus your birthday off, and £250 for learning.
- Other info: Opportunities for progression and continuous training in a fast-paced environment.
- Why this job: Join a supportive team and make a real impact in customer onboarding.
- Qualifications: 2+ years in KYC/CDD with strong analytical and communication skills.
The predicted salary is between 36000 - 60000 £ per year.
About Us
Over the last 18 years, we have helped over a million satisfied customers move and manage their money. Our award-winning product portfolio allows our customers to make low-cost multi-currency payments across various payment products. From travel money to transfers, currency hedging, to expense management, we are focused on a single goal of making it easy for our customers to manage and move their money. As a business, we are committed to delivering value to our customers through the combination of advanced payments technology and personal expert service.
About The Role
As an Onboarding Analyst at Equals Group, you will be an integral part of a dedicated team responsible for conducting KYC checks and performing risk assessments on new business and personal customer applications. You will collaborate closely with the Compliance and Risk departments to ensure that new customers are onboarded within the firm’s risk appetite framework while adhering to AML regulations and other relevant compliance requirements. In this fast-paced environment, you will need to take initiative, think critically, and act quickly to ensure customers are onboarded smoothly while mitigating potential risks.
About You
We believe that certain skills are essential in order to be successful in this role and these are detailed below. You may not have all the other skills we have outlined as desirable, we understand that and will still welcome your application. We will carry out individual interviews for shortlisted candidates and assess who is best suited for the role after we have discussed everything with you.
Responsibilities
- Conduct Customer Due Diligence (CDD) and risk assessments on new business and personal customer applications, ensuring compliance with AML regulations.
- Verify and validate the accuracy of customer information and supporting documentation, including identification, corporate structures, and Ultimate Beneficial Owners (UBOs).
- Perform sanctions, Politically Exposed Persons (PEP), and adverse media screening to identify potential risks.
- Analyse customer profiles and transactional behavior to identify any inconsistencies or red flags, escalating potential risks to Senior Onboarding Analysts or Team Leaders.
- Conduct detailed checks to ensure that all customer information is accurate, up to date, and meets compliance standards.
- Collaborate with Compliance, Risk, and Relationship Management teams to resolve onboarding issues and obtain additional information when required.
- Maintain accurate and comprehensive records of onboarding activities, including detailed notes and audit trails.
- Ensure adherence to internal policies, AML regulations, and other compliance requirements throughout the onboarding process.
- Continuously monitor and stay up to date with changes in regulatory requirements, ensuring onboarding practices are adjusted accordingly.
- Contribute to the implementation of process improvements to enhance the efficiency and effectiveness of the onboarding function.
- Participate in ongoing training and development to enhance knowledge of onboarding processes and regulatory requirements.
Essential Skills
- 2+ years of experience in KYC/CDD, preferably within the fintech or payments industry.
- Strong knowledge of KYC/CDD regulations, AML compliance, and financial crime prevention.
- Strong analytical and problem-solving skills, with the ability to identify and mitigate potential risks effectively.
- Ability to work efficiently in a fast-paced environment, managing multiple priorities while maintaining a high level of accuracy and attention to detail.
- Excellent communication and interpersonal skills, with the ability to collaborate cross-functionally with teams such as Compliance, Risk, and Relationship Management.
- Proficiency in using onboarding and compliance management systems.
Preferred Qualifications
- Bachelor’s degree or equivalent experience in Finance, Business, Compliance, or related field.
- Professional certifications (e.g., ICA, ACAMS) are advantageous but not essential.
- Familiarity with onboarding automation tools and data analytics for risk assessment.
Benefits
- A competitive salary benchmarked against a peer group.
- 25 days holiday per year + your birthday off.
- Opportunities for progression, development and learning new skills - £250 towards the cost of learning.
Onboarding Analyst employer: Equals Money
Equals Money is an exceptional employer that prioritises employee growth and development, offering a competitive salary and 25 days of holiday plus your birthday off. Our inclusive work culture fosters collaboration and innovation, allowing you to thrive in a supportive environment while contributing to our mission of simplifying money management for our customers. With opportunities for continuous learning and a commitment to compliance excellence, joining our London team as an Onboarding Analyst means being part of a dynamic organisation dedicated to making a meaningful impact in the fintech industry.
StudySmarter Expert Advice🤫
We think this is how you could land Onboarding Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the fintech and payments industry, especially those who work at Equals Money. A friendly chat can open doors and give you insights that might just help you land that Onboarding Analyst role.
✨Tip Number 2
Prepare for the interview by brushing up on KYC/CDD regulations and AML compliance. We want to see that you know your stuff, so be ready to discuss how you would handle real-life scenarios related to onboarding customers.
✨Tip Number 3
Show off your analytical skills! During interviews, share examples of how you've identified risks or solved problems in previous roles. We love candidates who can think critically and act quickly!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Equals Money.
We think you need these skills to ace Onboarding Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Onboarding Analyst role. Highlight your experience in KYC/CDD and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our mission at Equals Money. Let us know what makes you the perfect fit!
Show Off Your Analytical Skills:Since this role involves risk assessments and compliance, be sure to showcase your analytical and problem-solving skills in your application. We love candidates who can think critically and act quickly!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the Onboarding Analyst position. Don’t miss out on this opportunity!
How to prepare for a job interview at Equals Money
✨Know Your KYC
Make sure you brush up on your knowledge of KYC and AML regulations. Be prepared to discuss how you've applied these in previous roles, especially if you have experience in the fintech or payments industry. This will show that you understand the core responsibilities of the Onboarding Analyst position.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical and problem-solving skills. Think of situations where you identified potential risks or inconsistencies in customer profiles. Being able to articulate these experiences will demonstrate your ability to think critically and act quickly, which is crucial for this role.
✨Communicate Effectively
Since collaboration with Compliance, Risk, and Relationship Management teams is key, practice articulating your thoughts clearly. You might be asked about how you would handle onboarding issues or communicate with different teams, so having a few scenarios ready can help you shine.
✨Stay Updated on Regulations
Familiarise yourself with the latest changes in regulatory requirements related to KYC and AML. Showing that you are proactive about staying informed will impress the interviewers and demonstrate your commitment to compliance and continuous improvement in the onboarding process.
