Senior EDD & Quality Control Lead
📍 London (Hybrid Working)
Are you an experienced financial crime professional with deep expertise in Enhanced Due Diligence and a strong track record of assessing complex financial institutions and fintechs?
We’re partnering with a fast-growing, UK-licensed digital bank that is expanding its Banking Services offering. As part of this growth, they are looking for a Senior EDD & QC Lead to play a critical role in safeguarding the organisation through robust financial crime risk management.
The Opportunity
This is a high-impact role sitting within the Financial Crime Risk function, where you will lead Enhanced Due Diligence (EDD) activity across a diverse portfolio of fintech and non-bank financial institution clients.
You’ll be at the forefront of assessing financial crime risk — conducting in-depth onsite and virtual reviews, evaluating client frameworks, and providing clear, risk-based recommendations to senior stakeholders.
This role also offers the opportunity to shape best practice, mentor analysts, and influence how financial crime risk is assessed across a rapidly evolving client base.
Key Responsibilities
- Lead and deliver comprehensive EDD reviews across onboarding and periodic assessments
- Conduct onsite and virtual reviews of prospective and existing clients, with a focus on:
- Financial crime (AFC) frameworks
- Governance and oversight structures
- Business models and risk exposure
- Provide independent financial crime risk assessments of prospective clients, identifying red flags and control weaknesses
- Perform Quality Control (QC) reviews of EDD outputs, ensuring consistency and high standards
- Manage complex cases, escalations, and high-risk client assessments
- Present findings and recommendations to senior stakeholders and governance committees
- Produce and analyse MI relating to onboarding, reviews, and portfolio risk
- Coach and support EDD analysts, enhancing technical capability across the team
- Partner closely with internal stakeholders and external clients throughout the review lifecycle
What We’re Looking For
- Strong experience in Enhanced Due Diligence within financial services, ideally covering fintechs, EMIs, payment firms, or correspondent banking
- Proven track record of conducting onsite client reviews and assessments of financial crime frameworks
- Experience delivering financial crime risk assessments of prospective clients
- Deep understanding of financial crime risks and control frameworks, including common weaknesses in complex institutions
- Experience reviewing and challenging AFC programmes, governance structures, and risk controls
- Prior experience in QC, oversight, or mentoring analysts
- Strong working knowledge of UK regulatory requirements (MLR 2017, POCA, JMLSG, SARs, etc.)
- Excellent communication skills, with the ability to translate complex risk into clear insights
- High attention to detail, strong judgement, and the ability to operate in a fast-paced environment
⚠️ Please note: This role requires significant EDD and financial crime risk experience. Candidates with KYC-only or purely retail banking backgrounds are unlikely to be suitable.
Why Apply?
- Work in a high-growth, innovative banking environment supporting leading fintech clients
- Exposure to complex, high-value financial crime risk assessments
- Opportunity to influence and shape EDD standards and frameworks
- Collaborative, inclusive culture with strong career development opportunities
- Hybrid working and a comprehensive benefits package, including:
- Private healthcare & wellness support
- Generous pension and insurance cover
- Enhanced annual leave and flexible holiday options
- Family-friendly policies
- Retail discounts and regular team socials
Barclay Simpson – the trusted name in Financial Crime recruitment: https://www.barclaysimpson.com/specialisms/financial-crime-jobs/
This job was published by Barclay Simpson: https://www.barclaysimpson.com/job/edd-qc-lead/