Senior Compliance Analyst

FreemarketFX Ltd - Senior Compliance Analyst

Freemarket works with businesses globally to accelerate their growth by giving them access to cross-border payments and currency exchange optimised for their treasury and operational needs. By providing aggregated banking access we do the heavy lifting around payments and FX, keeping it simple, fast and easy for our clients to do business anywhere, anytime.

This is a fantastic opportunity for an ambitious individual to join a fast-growing Fintech. The candidate will have the ability to enhance their skills and progress their career with the support of the compliance team and you will receive external compliance training.

Responsibilities:

As a Senior Compliance Analyst, you will:

• Drive the end-to-end digital AML/CTF customer onboarding strategy through the implementation of KYC/KYB that optimises client experience and delivers a best-in-class framework to prevent and detect financial crime.
• Act as an AML customer onboarding subject matter expert and share best practices across the firm.
• Support the Customer Due Diligence (CDD) team by performing client onboarding tasks for corporate entities in accordance with Freemarket's AML policies
• Prioritise the AML customer onboarding business requirements, driving delivery of technical solutions.
• Contribute to the ongoing development and implementation of the company's compliance and financial crime frameworks.
• Manage relationships with third-party vendors providing KYC, ID verification and screening services.
• Support the completion of periodic compliance monitoring and reviews and testing activities, audit reviews, and inspections.
• Assist the transaction monitoring team with real-time and post-transaction analysis, while preparing weekly management information (MI) reports and statistics.
• Conduct PEP, sanctions, and adverse media checks, ensuring timely follow-ups and escalation of issues where necessary.
• Develop, update, and maintain policies and procedures related to diligence and compliance.
• Provide expert AML customer onboarding-related advice when working with a broad group of stakeholders within the business (Commercial, Banking, Operations and Technology teams) to ensure critical partners are aware of all potential financial crime risk exposure and considerations.
• Manage client facing relationships and undertake and document compliance site visits for senior management review.
• Support the Head of Compliance in various tasks, including regulatory research, complaints management, risk assessments and regulatory reporting.
• Stay up to date with key regulations, including JMLSG guidance, PSD2, Wire Transfer Regulations, and the 5th Money Laundering Directive.
• Prepare Suspicious Activity Reports (SARs) and escalate them to the Money Laundering Reporting Officer (MLR) as needed.

Requirements:

• A minimum of 3 years' experience in a compliance, due diligence/onboarding role within financial services preferably Payments.
• Demonstrates success in onboarding corporate clients and managing complex cases.
• Strong knowledge of global regulatory frameworks related to AML, anti-bribery, corruption and financial crime.
• Proven analytical and problem-solving skills with the ability to assess risks and implement mitigation strategies.
• Excellent written and verbal communication skills, with the ability to effectively engage and influence stakeholders.
• Strong organisation and time-management abilities, capable of managing multiple tasks in a fast-paced environment.
• Project management experience and the ability to meet deadlines under pressure.
• Professional certifications (e.g., ACAMS, ICA) are highly desirable.

Personal Attributes:

• Analytical mindset with strong attention to detail.
• Organised self-starter, demonstrating good time management, has strong communication skills (written & verbal), conscientious and diligent, having the aptitude to take initiative.
• Proactive and self-motivated, with the ability to work independently and as part of a team.
• A team player with strong interpersonal skills and the ability to collaborate effectively.
• Displays leadership skills and is eager to advance established skills in payments, compliance, risk and AML regulations.

Please note, Freemarket offers a hybrid working model. You should be ready to attend the office in London Bridge when required.