Financial Crime Compliance Specialist

About this role

We’re Capital on Tap 👋 💳 Capital on Tap started because small businesses were underserved. Big banks were slow, their products weren't fit for purpose, and small business owners often couldn't access what they needed. We set out to fix that. Today we're a financial platform - not just a credit card company. We offer a best-in-class business credit card, SME-focused spend management platform, a savings product that hit £1 billion in funds within its first year, and a growing suite of tools and financial products that make running a small business easier.

1,000+ employees, £20bn in annual card spend, 200,000+ customers, 17,000+ Trustpilot reviews averaging 4.7 stars, and we're profitable. We’ve done a pretty good job so far, but we’re just getting started! 🏡🏢This is a Hybrid role, the Financial Crime Compliance team working from our London (Moorgate) office 3 days per week. Financial Crime Compliance at Capital on Tap The Financial Crime function is responsible for the ongoing management of the company’s Financial Crime policies, procedures and controls.

This includes risk assessment and ongoing assurance of AML compliance, business advisory and management of high risk customer and suspicious activity escalations. What You’ll Be Doing You'll sit in the 2nd line Financial Crime Compliance team, operating independently from 1st line FinCrime Operations, reporting to the Deputy MLRO. You'll investigate escalations end to end, decide the right outcome for each customer relationship, and where suspicions are established, submit the disclosure to the NCA yourself.

Investigate 1LOD escalations - transaction monitoring alerts, fraud referrals, adverse media, complex ownership, PEP reviews. Build a defensible evidence picture: transaction analysis, KYC/CDD review, open-source research, and engagement with the escalating team. Decide the outcome - maintain, offboard, and/or report to the NCA - and document the rationale. Draft and submit SARs and DAML requests via the SAR Portal, managing consent-regime timelines.

Sequence offboarding around pending DAML requests, with no tipping off under s.333A POCA. Handle sensitive escalations, including HR referrals, with discretion. Keep audit-ready case records that stand up to regulatory and law enforcement scrutiny. Feed outcomes and typology trends back to 1LOD. What We're Looking For Hands-on financial crime investigations experience in a regulated UK financial services firm, ideally 2nd line or escalations.