AML Onsite Review Officer – London

Are you a proactive, passionate AML professional with experience performing client onsite reviews or AML Audits? Then look no further. We offer you the chance to be a part of a truly international and vibrant company with more than 300 skilled and dedicated employees worldwide, who are all passionate about creating next-generation mission-critical financial services infrastructure and leading the rise of a super-correspondent banking network.

The position and why we need you

At Banking Circle, we want to make an impact that pioneers the industry and creates instant value for our clients. To support our exciting growth journey, we are looking to hire a highly skilled AML Onsite Review Officer, who is able to reinforce our team with an in depth understanding of the risks and mitigants associated with PSP and correspondent banking solutions. You will be working closely with Banking Circle’s high-risk clients globally by conducting AML onsite visits either via video conference or at the Client’s premises (travel restriction dependent). The successful candidate will perform detailed desk-based reviews of the clients Financial Crime/AML policies and procedures prior to arrange the on-site visits, therefore traveling must be expected. The on-site review will consist of follow up questions from the desktop review and testing of the client’s CDD, Transaction Monitoring and Screening processes. Post-onsite, the individual will need to draft clear, concise reports to a high standard in order to present back to key stakeholders internally. The report will outline the findings from the review, assessing the control framework of the client against their respective local regulatory requirements and Banking Circle’s own internal policies and risk appetite. You will be reporting to the Onsite Review Manager and be a part of our growing KYC-Onsite function, ensuring the client management system is kept up to date with the onsite activities and that the team’s procedures are continuously updated.

Key Responsibilities

  • Analyze AML policies and procedures of clients
  • Review high risk clients with Transaction Monitoring
  • Conduct regular reviews on high risk clients
  • Collaborate internally to ensure informed client visits
  • Develop a strong understanding of payment solutions
  • Create high standard reports following the onsite visit
  • Present findings to senior management/onboarding committee

Skills & Qualifications

To be the right candidate for this position, we expect you to have a demonstrated capability from an applicable role where you have gained AML and FinCrime experience within the payments and correspondent banking sectors. The successful candidate will have experience in conducting onsite reviews/AML audits on regulated financial institutions and/or high-risk businesses i.e. crypto and P2P. We expect you to have a relevant educational background on BSs level (or equivalent) as a minimum. Personal skills required for the role are individuals who are analytical, detail oriented, proactive and a dependable team player. The role requires the individual to be highly organized and have strong communication and time management skills. As Banking Circle is an international company it´s a requirement, that you are fluent in English, both verbally and in writing. If you are fluent in French, German or Mandarin, this is seen as an advantage. The position will be based at Banking Circle’s office in London.

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