EDD & AML Onsite Review Officer

Are you ready to step into a vital role as an EDD & AML Onsite Review Officer and help protect financial integrity? Elevate your career with a position that rewards expertise, diligence, and impactful decision-making. Then we have the perfect opportunity for you!

Banking Circle is a fully licensed, technology enabled bank processing over €1 trillion in payments every year - and growing. We exist to power the global economy’s most ambitious payments businesses with infrastructure that is fast, modern, and engineered for scale. Today, more than 800 people across 11 countries work together as one global team. We move fast, we think boldly, and we build with intent - because our clients depend on us to keep pace with the world’s most dynamic payments flows.

We are expanding globally, scaling our capabilities, and deepening our impact, so if you want to shape the future of financial infrastructure - this is the place.

As our new EDD & AML Onsite Review Officer in the Business AML team in London, you’ll experience an open and knowledge driven culture, where everyone can thrive, connect with colleagues, learn and grow. Here you will be empowered to make an impact every day.

In this role you will get the chance to support the onboarding function by conducting enhanced due diligence and onsite reviews for Banking Circle’s regulated and high-risk clients worldwide.

This role manages the entire EDD process for new and existing clients, focusing on comprehensive risk assessments and correspondent services, and delivers detailed reports and recommendations. Responsibilities also include ongoing transactional risk reviews, client discussions, and potential travel to client premises.

We offer a hybrid work model for our employees to allow for flexibility and productivity. However, we do expect you to spend most of your time in the office to build community and efficiency in the team.

• Manage the end-to-end Enhanced Due Diligence (EDD) process for both new and existing clients, including coordination of logistics, client liaison, and thorough documentation.
• Conduct desk-based reviews to ensure all relevant information is gathered and assessed efficiently.
• Deliver high-quality EDD and risk reports, providing clear recommendations to support decision-making.
• Present EDD findings confidently at Bank risk forums, ensuring stakeholders are informed and engaged.
• Assess client transactional activity for alignment with expected patterns, identifying and escalating any unusual or suspicious behavior.
• Collaborate with KYC, Transaction Monitoring, Sanctions, and Compliance teams to achieve comprehensive risk reviews and effective EDD outcomes.
• Review AML questionnaires and client policies to evaluate the effectiveness of EDD frameworks and identify areas for improvement.
• Maintain awareness of risks associated with higher risk industries, adapting EDD approaches as necessary.
• Support the collation and maintenance of Management Information (MI) to facilitate informed team decision-making.
• Monitor regulatory changes and promptly update team practices to ensure ongoing compliance with industry standards.
• Assist in drafting and refining internal procedures to strengthen operational effectiveness and consistency.
• Demonstrate expertise in Web3 and Crypto monitoring standards, applying best practices to mitigate associated risks.

To succeed in this role, you bring significant EDD experience from the payments industry and/or correspondent banking, along with a strong understanding of European and global financial crime regulations.

You will need to have experience in reviewing a period of transactional activity and manipulate and interpret data to understand the types of payments a client has been processing to ensure activity is in line with our expectations.

You have hands‑on experience reviewing periods of transactional activity, analysing and interpreting data to understand the types of payments a client processes, and assessing whether activity aligns with expected behaviour. In addition, you are confident conducting ongoing EDD reviews…