Job Specifications
About HY10 and the role
HY10 is redefining payment cards with a bespoke platform that integrates finance & lifestyle services. Our multi-currency payment solutions enable seamless, high-value transactions with advanced control features.
At HY10, the KYC/CDD (Know Your Customer/Customer Due Diligence) Analyst plays a crucial role in safeguarding our company against financial crime, including money laundering and fraud. You will work within the framework of Anti-Money Laundering (AML) regulations and internal policies to ensure compliance and mitigate risks associated with client relationships.
Client Due Diligence (CDD/EDD):
Verify client identities and documentation, including complex structures, beneficial ownership, and source of wealth/funds.
Conduct background checks, risk assessments, and adverse media screening using OSINT, registries, and databases (e.g., World-Check, Dow Jones, LexisNexis).
Screen clients for PEPs, sanctions, and other high-risk indicators.
Investigate complex SoW/SoF cases, including analysis of wealth events, business activities, and transactional flows.
Prepare clear, well-documented reports summarising findings, risk factors, and recommendations.
Identify and escalate red flags relating to financial crime, sanctions, tax evasion, corruption, or reputational issues.
Risk & Compliance:
Ensure adherence to AML, CDD/EDD, KYC, and regulatory requirements (UK MLRs, JMLSG, FATF, FCA, OFAC/EU/UN sanctions).
Escalate high-risk or suspicious cases to senior management, MLRO, or relevant authorities (e.g., SARs).
Support audits, quality control reviews, and ongoing monitoring of clients.
Operate within the Bank’s risk management framework, escalating concerns where appropriate.
Client Onboarding & Lifecycle Management:
Manage end-to-end onboarding and periodic reviews, liaising with internal teams and clients to resolve issues.
Maintain accurate and up-to-date client records and workflow systems to support MI reporting.
Present complex or high-risk cases to committees for approval.
Process Improvement & Training:
Contribute to enhancing CDD/EDD processes, templates, and standards.
Provide guidance, training, and knowledge-sharing across the team.
Identify process efficiencies and support continuous improvement initiatives.
Qualifications & Experience
Minimum 2 years’ experience in financial services (preferably EMI/banking) in KYC/CDD/EDD.
Strong knowledge of complex customers, high-risk relationships, and international structures.
Proven investigative experience with complex SoW/SoF cases.
Professional qualification (e.g., ICA, ACAMS) preferred.
Experience working in a three-lines-of-defence model (ideally first line).
Skilled in using databases and OSINT tools for research and analysis.
Strong written and verbal communication skills with ability to challenge stakeholders effectively.
Competencies
Investigative mindset with strong analytical and research skills.
Excellent judgment in assessing financial crime risk.
Ability to work independently on complex cases while collaborating effectively across teams.
Strong attention to detail, accuracy, and professional scepticism.
Resilient under time pressure, with integrity and commitment to compliance standards.
What We Offer:
Salary - competitive, depending on experience.
Hybrid working - work from our Oxford Circus office or remotely when you just can't face the grind of the daily commute.
Innovate in payments, fintech & ultra-high-net-worth financial services.
Career growth & training in a dynamic, fast-paced environment.
Collaborative, high-performance culture that values efficiency and innovation.
The opportunity to join the next big thing at an early stage, working alongside the founders and a truly inspirational group of individuals.
About the Company
HY10 is a financial platform that’s changing personal finance for ultra-high-net-worth individuals. From unlimited multi-currency accounts and borderless transfers, to customisable spending limits and lifestyle services, we’re rethinking how the world’s most ambitious clients manage their money and curate their lives. Based in London, we serve individuals with our dedicated team and network of thousands of luxury partners. Our mission is simple: to make everyday spending and extraordinary experiences seamless, secure, and un...
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