Financial Crime Officer Enhanced Due Diligence

Were Capital on Tap Capital on Tap was founded with the mission to help small business owners and make their lives easier. Today we provide an all-in-one business credit card & spend management platform that helps business owners save time and money. Capital on Tap proudly serves over 200000 businesses across the world and our goal is to help 1 million small businesses by 2030.Why Join UsWe empower you to be innovative and solve complex problems. Take ownership make an impact and thrive in our scaling and agile environment.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 Cardiff office. Office attendance is required 3 days per week with working hours 9-6pm Monday to Friday. During your first 3 months youll be required to work from the office full time whilst you undergo training and become competent within the role.Financial Crime at Capital on TapThe 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 Youll Be DoingAs a Financial Crime Investigator 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 scrutinize and assess complex ownership structures including layered entities trusts offshore elements and nominee arrangements ensuring decisions align with Capital on Taps 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.Were Looking ForRequired 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.Demonstrated ability to independently review and analyse complex ownership structures including trusts 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.Diversity & Inclusion We welcome consider and encourage applications from anyone who shares our commitment to inclusivity. Join us in creating a space where authenticity thrives and everyone can do their best work.Great Work Deserves Great PerksWe try not to take ourselves too seriously (all the time) so we make sure our office is decked out with a pool table arcade machine beer tap and a couple of office dogs thrown in for good measure. Check out our benefits: Private Healthcare including dental and opticians services through Vitality Worldwide travel insurance through Vitality Anniversary Rewards (-week fully paid sabbatical) Salary Sacrifice Pension Scheme up to 7% match 28 days holiday (plus bank holidays) Annual Learning and Wellbeing Budget Enhanced Parental Leave Cycle to Work Scheme Season Ticket Loan 6 free therapy sessions per year Dog Friendly Offices Free drinks and snacks in our officesCheck out more of our benefits values and mission here.Interview Process:First Stage: 30 minute intro and values call with Talent Partner (Video call)Second Stage: 60 minute CV overview with FinCrime Team Leader (In person)Final Stage: 30 minute overall fit with a member of the 2LOD (Video call)Other InfoCheck out ourTop Tips for interviewing.Keep updated on new job opportunities by following us on Linkedin.Email if you have any questions.Excited to work here ApplyIf youd like to progress your career within our fast growing profitable fintech then click apply and we will aim to get back to you within 3 working days (during busy periods this could take up to 5 working days.)Required Experience:Unclear Seniority Key Skills Internal Audit,Financial Performance,Financial Goals,Financial Policies,Journal Entries,Accounting,General Ledger Accounts,Financial Statements,Financial Transactions,Financial Procedures,Annual Budget,Ensure Compliance,Powerpoint,CPA,Financial Management Employment Type : Full Time Experience: years Vacancy: 1