Financial Crime Officer, Capital on Tap
Enhanced Due Diligence
Salary not provided
Mid and Senior level
Cardiff
Cardiff
More information about location
3 days a week in office
Credit card built for small businesses
Posted today
Credit card built for small businesses
501-1000 employees
FintechB2BBankingPaymentsLendingCredit cards
Posted today
Salary not provided
Mid and Senior level
Cardiff
Cardiff
More information about location
3 days a week in office
501-1000 employees
FintechB2BBankingPaymentsLendingCredit cards
Company mission
To make running a small business as easy as possible.
Role
Who you are
- 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
- A recognised AML or Financial Crime qualification (e.g., ICA, ACAMS) is a plus, but not essential
What the job involves
- As a Financial Crime Investigator, you will be on the front line of risk prevention and detection
- 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 Tap's 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
Application 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)
Our take
Capital on Tap is going against the national trend which, since the financial crash in 2008, has seen the banks dial back the amount they lend to SMEs by 50%. Yet, in that same time, the number of UK SMEs has risen by 30%.
UK SMEs are the backbone of a complex economy that is constantly changing so the need for fast and responsive access to finance is becoming more and more important to ensure their success and growth.
Capital on Tap allows British SMEs access to a credit card with up to £250,000 credit within minutes. Gone are the days when waiting up to eight weeks for a loan decision was viable.
The company has raised significant funding too, which has allowed it to expand to the US and accelerate small business growth. With the company reporting to have attracted more than 200,000 SMEs to use its service and these users have spent over £10B, Capital on Tap is certainly on track for even more success.
Steph
Company Specialist at Welcome to the Jungle
Meet the team
11 people
Richard Cushion, Tech Ops & Sales Ops Team Lead
Our mission
We lend firepower to major strategic projects, working with teams to improve processes, smooth workflows, and improve customer experience.Insights
Top investors
Company
Funding (1 round)
Oct 2021
$605.4m
LATE VC
Total funding: $605.4m
Company benefits
- Health benefits include private healthcare insurance, free therapy sessions and eye care vouchers
- Subsidised gym membership and company sports teams
- We contribute 4% to your pension (with up to 7% match) through our pension plan
- Cycle to work scheme, annual travel card loan and parking space loans for the Cardiff office
- Our London office has access to bike storage and shower facilities
- Worldwide Travel Insurance cover through Vitality
- You get 28 days of holiday exclusive of bank holidays every year
- After 4 years, you can take a 4 week paid sabbatical
- If you are a new parent, you can enjoy enhanced parental leave
- Every year, you have access to a £1000 learning budget to spend on anything that helps your development
- We also hold company knowledge sharing including show and tells and our own version of TED talks
- Our Happy Club organises monthly socials including quiz nights, scavenger hunts, and celebrations of all occasions whether it's PRIDE, religious holidays or another tradition
- You can also enjoy regular team socials to bond with your team!
- We have an array of company clubs including netball, football, and book clubs. Or start your own!
- For your first anniversary, you'll receive a reward of £250 to pilot something new in your personal life. When you reach 2 years, you will receive £500 to Be a Buddy to a loved one. The rewards just keep getting better with every year you're with us!
- Take your colleague to lunch with our 'Be a Buddy Lunch' or receive a referral bonus if you recommend your brilliant friends to join the team
Company values
- Just pilot: Our company is built on piloting new ideas, we know our job is never done. We ask questions, we figure it out. We only build what our customers want
- Be a Buddy: It’s never not my job. Tap in from day one. We do the right thing
- Why not today?: Fast is as slow as we go. Take ownership and raise the bar. Keep things simple
Company HQ
Finsbury, London, UK
Articles
Leadership
Damian Brychcy
(CEO)Previously co-founded Colossus where they served as CEO. Also served as an Attorney at Kilpatrick Townsend & Stockton.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
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Diversity, Equity & Inclusion at Capital on Tap
Fay Sumner (Head of Talent)
- At Capital on Tap, we want to be a place where a diverse mix of talented people want to come and do their best work but most importantly feel included and be their authentic selves. We are fully focused on equality and believe deeply in diversity of race, gender, sexual orientation, religion, ethnicity, ability, national origin and all the other characteristics that make us who we are.
- We have put a lot of time into developing an inclusive recruitment strategy to ensure our hiring practices are as inclusive as possible. All hiring managers have attended inclusive recruitment training and we have introduced objective skills testing.
- When speaking to teams across the company, the majority of teams felt that we are a diverse community with a huge mix of backgrounds and many people commented it was the most diverse place they’ve worked.
- Over the last year, we have started to share our own stories and experiences. Groups across the company commented how much they have enjoyed learning from each other and educating ourselves on different areas of diversity. They also felt these talks and discussions bridge the gap between different offices and teams.
- We have celebrated and recognised pride weeks, we spent the week highlighting the culture of South Asian heritage month and have also learnt about Black History in both the US and UK and LGBTQ+ History across the world through film and book discussions.
- We have reflected on our own mental health and how to support ourselves and others. Senior leaders have spoken openly about their experiences and struggles, embedding a culture where it’s ok to speak up if or when you need support. We partnered with That Day mental health support for our UK employees so that everyone is able to access the support and help when they need it.
- Rolled out inclusive management training to all managers on how to run an inclusive and purposeful 1-on-1 and how to create belonging in distributed teams. We have recently rolled out Management on Tap training sessions with the aim to support our managers to feel confident to support their team in the best way possible.
- These commitments are just a snippet of what we have done so far and something that we regularly visit and discuss within Capital on Tap as we know our job is never done. We continuously challenge ourselves to ensure we are taking the right approach, to ensure that we are and continue to be a diverse and inclusive place to work.
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