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Virtual Assets FinCrime Review Officer

Join our team

The virtual assets space continues to grow at pace globally. We’re looking for proactive and diligent AML professionals to join our AML Onsite Review team focusing on Virtual Asset and Cryptocurrency businesses. The role is perfect for candidates who have experience in conducting EDD and/or FinCrime reviews on the AML and framework of Cryptocurrency businesses. We offer you the chance to be a part of a truly international and vibrant company with more than 360 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. But we also want to be a best-in-class employer where innovation and career development is going hand in hand.

To support that, and our exciting growth journey, we are looking to hire a highly skilled AML Professional into our Onsite Review team to support the client onboarding process by reviewing the AML and Compliance framework of prospect Virtual Asset clients.

The role consists of performing detailed reviews of the client’s Financial Crime policies and procedures, understanding the expected or existing flow of funds, and assessing the monitoring of virtual assets in place on the Client’s side to identify any associated risks, and mitigants, to Banking Circle.

You will be reporting to the Head of AML Onsite Review and be part of our growing Business AML team. This role includes travel (subject to COVID19 travel restrictions) as you’ll be visiting Banking Circle’s prospect clients to conduct reviews alongside the relationship manager. You will lead onsite visits covering the different AML processes and monitoring systems used to onboard clients and conduct ongoing monitoring, therefore a strong working knowledge of transaction monitoring, payments within Crypto is required. Post-onsite, you will be responsible for delivering high standard, balanced reports detailing our findings and recommendations, assessing the business against the clients’ local regulatory requirements, and Banking Circle’s own internal policies and risk appetite.

Key Responsibilities

  • Analyze AML policy and procedures of clients to prepare for the Onsite Review
  • ​Collaborate with internal teams and stakeholders to ensure informed client visits
  • ​Collaborate with Transaction Monitoring team to review high risk clients
  • ​Strong understanding of best practice from a Crypto monitoring perspective
  • ​Draft and finalize onsite reports to a high standard and in a timely manner
  • ​Present findings to senior management/onboarding committee
  • ​Ensure client file and monitoring teams kept up to date with all findings

​Skills & Qualifications

​To be the right candidate for this position, we expect you, as a minimum, to have experience in conducting similar reviews from either a FinCrime or AML Audit perspective. The successful candidate will also be able to demonstrate experience within Financial Services, particularly the virtual assets space. Experience in performing Enhanced Due Diligence on regulated Financial Institutions and experience in performing Onsite reviews/Audits on regulated Financial Institutions and/or High-Risk businesses are essential requirements. Furthermore, it is desirable if you have financial crime related professional qualifications and experience in developing processes.

You have an ability to review AML policies and procedures in order to identify gaps and recommendations. You are analytical and have a critical thinking experience within the Peer to Peer and/or gambling industries would be seen as an advantage.

As a person, you are highly organized and have strong communication and time management skills. You can work both as part of a team and independently, and you encourage a strong team culture through leading by example and demonstrating a proactive, energetic attitude.

As Banking Circle is an international company it’s a requirement, that you are fluent in English, both verbally and in writing. If you master other relevant languages, it will be advantageous.

The position will be based at Banking Circle’s Office in London.

Join Banking Circle

If this position has caught your interest and you have what we’re looking for, then please send us your resume and application via the apply link. As we will be conducting interviews continuously, we urge interested candidates to reach out as soon as possible. If you have questions about the position or what it’s like to be a part of Banking Circle do not hesitate to contact Simon Scott Hansen from our People Team on +45 3149 3650. Banking Circle offers a competitive compensation package and a dynamic and collaborative culture that values personal initiative and professional achievements. We are proud to be an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, colour, age, religion, sexual orientation, national origin, or any other characteristic protected under federal, state, or local laws, regulations and ordinances. Please note that we do not accept applications by email.

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