Job Title : Customer Due Diligence Analyst Location : London, Chester, Newcastle / Hybrid Term : 3 Month Contract Reports to: UK Deputy MLRO About us B4B Payments is part of the Banking Circle ecosystem, a Payments Bank for financial institutions. We operate as an independent affiliate of Banking Circle and whilst we are separate companies, together we deliver an unrivalled scope of financial services and payments solutions for businesses. As an award-winning payment innovator, with reach throughout Europe and the USA, we provide card, payment and accounts services to corporate clients around the globe. We’re proud to be a leader in Fintech and the payments industry for over 17 years Our next phase of rapid growth and expansion, coupled with our passion for payment innovation, means you will join us at a very exciting time. We are proud to be a truly global and diverse team, our colleagues speak 20 languages. Headquartered in London, we have offices in Newcastle, Vilnius and Boston. So whether you're a multinational corporation or a local start-up, B4B Payments has the experience, technology, and passion to help you achieve your financial goals. With us by your side, you can rest assured that your payments are secure, your processes are streamlined, and your business is in safe hands. So why wait? Join the B4B Payments family today and experience the future of payments for yourself About the role We are seeking a detail-oriented and analytical Customer Due Diligence Analsyt on an initial 3 month basis to join our Compliance team. In this role, you will be responsible for conducting ongoing customer due diligence (CDD) and periodic reviews of customer information and account activity for low, medium, and high-risk customers. Your expertise will contribute to our efforts to mitigate risk and ensure compliance with regulatory requirements related to anti-money laundering (AML) and counter-terrorism financing (CTF). Key Responsibilities: Conduct ongoing customer due diligence (CDD) by reviewing and verifying customer information, documentation, and the nature of business relationships, in accordance with company policies and regulatory requirements. Perform reviews of customer accounts, assessing changes in risk levels based on customer behaviour, transaction activity, and updated information. Analyse customer account activity to detect potential signs of suspicious behaviour or transaction patterns that may indicate money laundering or other illicit activities. Collaborate with internal teams including Account managers to gather relevant information regarding customers, ensuring a comprehensive understanding of their sources of funds and business activities. Maintain up-to-date documentation and records related to customer due diligence processes, ensuring compliance with regulatory requirements and internal policies. Assist in the development, implementation, and improvement of CDD procedures and risk assessment methodologies to enhance the effectiveness of the compliance program. Prepare reports and presentations for senior management and stakeholders summarising findings and recommendations based on customer reviews. Qualifications: Degree educated (Preferable) Further Compliance-related training and development (Preferable) Make a difference: We’re always on the lookout for talented individuals to help take us further – It’s important to us to hire the right people and work out a role that works. Equality : We strive to create a workplace that reflects the diverse communities we serve and where everyone feels empowered to bring their full, authentic selves to work. Teamwork : The strength of our team does not only lie in our combined experience and expertise but our ability to trust each other, no matter what. We understand that our best work is not produced by individuals but by enjoying collaboration as a team and supporting each other every day. Quality : We provide award-winning solutions and unsurpassed service that, together, deliver premium value to our customers. Innovation : Redefining the standard of excellence is in everything we do. Therefore, we are open to ideas that challenge the conventional views and drive innovation. The only constant in life is change and we believe that in order to stay relevant we must continuously improve and evolve with the changing needs of society. Trust : We strive to act in a manner that builds trust with our team, clients, business partners, and other stakeholders. We firmly believe that actions speak louder than words and transparency is key. We kindly request that you contact us by submitting your CV, indicating your current location, and confirming your eligibility to work in the United Kingdom. We assure you that our team will promptly respond to your inquiry. Please note that we are not considering inquiries or applications from Agencies. Additionally, we regret to inform you that we are unable to provide visa sponsorships at this time.