FinCrime EDD Analyst

📈Check out the development opportunities in the Financial Crime team.

🏡🏢This is a hybrid role joining our First Line of Defence Financial Crime team in the Manchester office. Office attendance is required 3 days per week with working hours 9-5:30pm Monday to Friday.

Financial Crime at Capital on Tap

The Financial Crime team consists of 62 people globally. The team is responsible for ensuring that Capital on Tap meets its regulatory obligations in relation to all things AML and CTF. 

What You’ll Be Doing

As an Enhanced Due Diligence Analyst, you will be on the front line of risk prevention and detection. You will:

• Conduct enhanced due diligence (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 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.

• Assess and document Source of Funds (SoF) and Source of Wealth (SoW) where appropriate.

• 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’re Looking For

Required skills:

• 4+ years of experience in financial crime roles, specifically with enhanced due diligence (EDD) responsibilities for SME corporate customers in the UK and US.
  
  
• Strong understanding of KYB regulatory requirements and expectations across both jurisdictions.
  
  
• Experience of reviewing, assessing, and articulating risk of high risk customer bases, operating within higher risk 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.

Desirable skills:

A recognised AML or Financial Crime qualification (e.g., ICA, ACAMS) is a plus, but not essential.