Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead KYC and EDD investigations in a fast-paced fintech environment.
- Company: Join a dynamic financial services firm specialising in payments and crypto.
- Benefits: Competitive daily rate, valuable experience, and potential for permanent position.
- Why this job: Make a real impact in the innovative payments and neo-banking industry.
- Qualifications: Expertise in KYC, KYB, and EDD with strong communication skills.
- Other info: Collaborate with teams to enhance payment controls and prevent financial crime.
A generalist financial crime role within a fast-paced fintech environment.
About Our Client
The organisation is a small-sized financial services firm, offering a range of services such as Payments, Acquiring Crypto and Corporate Banking services.
Job Description
- Lead complex KYC and EDD investigations for individuals, SMEs, and higher-risk payment merchants, validating business models, processing flows, and jurisdictional exposure.
- Assess merchant acquiring and PSP-specific risks, including chargeback exposure, flow-of-funds structures, high-risk sector activity, and transaction-velocity patterns.
- Perform advanced onboarding risk assessments, providing expert recommendations on merchant approval, decline, or enhanced control measures.
- Manage and quality-review high-volume transaction-monitoring queues, analysing 100+ alerts daily across multiple payment channels (card, bank transfers, open banking).
- Investigate complex transactional behaviour, such as layering, structuring, rapid throughput, or third-party payment activity, preventing fraud and money-laundering misuse.
- Conduct sanctions, PEP, and adverse-media screening on merchants, UBOs, and key controllers, ensuring accurate risk classification for multi-jurisdiction payment flows.
- Draft precise RFIs tailored to payment-sector risk, including clarifying processing volumes, payment flows, business model legitimacy, and operational processes.
- Prepare clear, well-rationalised SARs relating to payment fraud, mule-account activity, high-risk sectors, unusual volume spikes, and suspected ML patterns.
- Collaborate with the MLRO, Product, and Risk teams to enhance payment-specific controls such as velocity rulesets, KYB workflows, and merchant-monitoring triggers.
- Act as an escalation point for complex merchant and transaction-based investigations, supporting junior analysts and operational teams.
The Successful Applicant
- Deep expertise in KYC, KYB, and EDD for payment merchants, including assessing higher-risk sectors, flow-of-funds structures, and transaction-velocity patterns.
- Hands-on experience with transaction-monitoring tools, sanctions/PEP screening systems, and rule-based monitoring specific to card payments, bank transfers, and fintech payment rails.
- Ability to draft clear, concise RFIs and SARs, demonstrating strong written communication and the ability to articulate risk clearly to internal stakeholders and regulators.
- Previous experience within a payments, crypto, or neo-banking environment, with a strong understanding of industry-specific risks, operating models, and regulatory expectations.
What's on Offer
- Competitive daily rate between GBP 225 to GBP 250.
- Opportunity to work within the innovative payments and neo-banking industry in London.
- Temp to Perm position offering valuable experience in financial crime and compliance.
Senior Financial Crime Associate - Payments / Neo-Banking in City of London employer: Michael Page (UK)
Contact Detail:
Michael Page (UK) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Crime Associate - Payments / Neo-Banking in City of London
✨Tip Number 1
Network like a pro! Reach out to folks in the fintech space, especially those working in payments or financial crime. A casual chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Show off your skills! Prepare a portfolio or case studies showcasing your KYC and EDD investigations. When you get that interview, having real examples will make you stand out from the crowd.
✨Tip Number 3
Stay updated on industry trends! Follow fintech news and regulations related to payments and crypto. This knowledge will not only help you in interviews but also show your passion for the field.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you. Plus, it’s a great way to ensure your application gets seen by the right people in our team.
We think you need these skills to ace Senior Financial Crime Associate - Payments / Neo-Banking in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Senior Financial Crime Associate. Highlight your experience with KYC, EDD, and transaction monitoring tools. We want to see how your skills align with our needs in the fintech space!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about financial crime prevention and how your background in payments or crypto makes you a perfect fit for us. Keep it concise but impactful!
Showcase Relevant Experience: When detailing your work history, focus on your hands-on experience with risk assessments and investigations. We love seeing specific examples of how you've tackled challenges in high-risk sectors or complex transactions.
Apply Through Our Website: Don't forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity in the innovative world of payments and neo-banking.
How to prepare for a job interview at Michael Page (UK)
✨Know Your KYC and EDD Inside Out
Make sure you brush up on your knowledge of KYC (Know Your Customer) and EDD (Enhanced Due Diligence) processes. Be ready to discuss specific examples from your past experience where you've successfully led investigations or assessed risks in payment transactions.
✨Familiarise Yourself with Transaction Monitoring Tools
Since the role involves managing high-volume transaction monitoring queues, it’s crucial to be well-versed in the tools used for this purpose. Research the common transaction-monitoring systems and be prepared to talk about how you've used them effectively in previous roles.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that test your problem-solving skills in real-world situations. Think of complex cases you've handled before, especially those involving fraud detection or risk assessment, and be ready to explain your thought process and actions.
✨Show Your Communication Skills
As you'll need to draft RFIs and SARs, strong written communication is key. Practice articulating your thoughts clearly and concisely. You might even want to prepare a brief example of a report or summary you've written in the past to showcase your skills during the interview.
