Senior Onboarding Analyst

Job title:

Senior Onboarding Analyst

Company

Equals Money

Job description

About usOver 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. We’re doing this by hiring exceptional people and are now looking for an AI/ML Product Manager to join our team.Within our offices in London, Chester, Los Angeles and Europe, Equals comprises of three business lines and brands – Equals Money, FairFX and CardOneMoney. You will join a very close-knit, talented and supportive team from various backgrounds who believe that bringing different perspectives together helps us understand our customers’ needs. United, by one thing, making money management straightforward and cost-effective for our customers.About the roleAs a Senior Onboarding Analyst at Equals Group, you will be responsible for conducting Enhanced Due Diligence (EDD) on high-risk clients and performing detailed onboarding reviews You will play a pivotal role in assessing potential risks, ensuring compliance with AML regulations and the firm’s risk appetite Working closely with the Team Leader and Compliance team, you will handle escalations, mentor junior analysts, and contribute to process improvements This role requires strong analytical skills, attention to detail, and the ability to communicate findings to senior stakeholders effectively.About youWe 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.ResponsibilitiesConduct Enhanced Due Diligence (EDD) on high-risk customers to assess potential risks and compliance requirementsPerform detailed customer reviews, including verification of corporate structures and Ultimate Beneficial Owners (UBOs)Verify and validate the accuracy of customer data, ensuring compliance with CDD and EDD requirementsConduct sanctions, PEP, and adverse media screening to identify potential risksInvestigate and escalate red flags, inconsistencies, or potential risks to the Team Leader or Compliance teamMaintain accurate and up-to-date records of all onboarding reviews conducted, including detailed notes and audit trailsCollaborate with Financial Crime, Compliance, and Relationship Management teams to resolve review-related issuesEnsure compliance with internal policies, AML, KYC, and other regulatory requirementsSupport the implementation of process improvements to enhance the efficiency and effectiveness of the onboarding functionMentor and support onboarding analysts in risk assessments and reviewsEssential SkillsStrong analytical and problem-solving skills, with the ability to conduct detailed risk assessments and identify potential risksIn-depth knowledge of KYC, AML, CDD, and EDD requirements, including regulatory compliance standardsProficiency in using onboarding systems, compliance platforms, and risk assessment toolsExcellent communication skills, with the ability to explain risk findings clearly and concisely to stakeholdersHigh-level accuracy in documentation, ensuring clear and comprehensive audit trailsAbility to manage complex cases with minimal supervision, escalating high-risk cases appropriatelyStrong attention to detail with a proactive approach to identifying and mitigating compliance risksCollaborative skills to work effectively with cross-functional teams, including Compliance and RiskCommitment to continuous learning and staying up to date with regulatory changes and industry best practicesPreferred QualificationsBachelor’s degree in Finance, Business, or related field3+ years of experience in onboarding, CDD, or AML within financial servicesCertification in AML/KYC (eg, ICA, ACAMS) is highly desirableExperience with onboarding and compliance management systemsBenefits25 Days Annual LeaveYour Birthday Off14 Weeks fully paid Maternity Leave2 Weeks fully paid Parental LeavePrivate medical insurance via Bupa UKFree EAP service – mental health services via AvivaLife assurance policyEye care – we cover the cost of the eye test, and you can claim up to £50 towards glasses£250 towards learning & developmentInterbank currency rates on travel moneyWorkplace pension contributionsCycle to work schemeOnsite gym / corporate membershipFree hot drinks, soft drinks, fruit and snacks in the office.Working ArrangementsWhere possible, we offer the opportunity to work flexibly and the opportunity to balance some remote working with time in the office collaborating, taking part in events and developing the social connections that make working with us rewarding.For this senior role a minimum of 2-3 days in the office (London or Chester) will be required, with remote working offered for the remaining working days. Further details of the working arrangements shall be agreed with the Group CCRO.Equals Group strives to create a workplace where we can all be ourselves. We believe in inclusion, equality and the power of diversity, so you’ll be encouraged to bring your unique perspectives and experiences, and help us understand what you need to do your best work.

Expected salary

Location

London

Job date

Sun, 02 Mar 2025 06:33:00 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (hiring-jobs.com) you saw this job posting.