Compliance EDD & High Risk Client Team Lead

About the role

In this role, you will oversee high-risk client cases, ensuring compliance with regulations while leading enhanced due diligence (EDD) reviews. Your expertise will guide analysts in making informed decisions on complex cases involving politically exposed persons (PEPs) and adverse media.

You will also be responsible for mentoring team members and driving improvements in EDD workflows. This position requires a solid understanding of AML/CFT regulations and the ability to maintain strong relationships with internal stakeholders, ensuring the team operates effectively within the compliance framework.

The salary range for this role is between $90,000 and $150,000, reflecting the seniority and expertise required.

Skills that matter here

• AML: This role requires a strong understanding of AML regulations to manage high-risk client cases effectively.
• KYC: KYC processes are crucial in evaluating the risk associated with individual and retail clients.
• EDD: You will lead EDD reviews and provide guidance on complex cases.
• Compliance: Ensuring compliance with regulations is a core responsibility of this position.
• Risk Management: The role involves assessing risks related to high-risk clients and implementing strategies to mitigate them.
• Team Leadership: You will mentor and develop your team, fostering a high-performance culture.

Who this role suits

• A candidate with a strong background in AML/KYC compliance and at least five years of relevant experience.
• Someone who thrives in a fast-paced, results-driven environment and values autonomy in their work.
• An individual with excellent communication and decision-making skills, capable of leading a team effectively.
• Experience in the crypto or fintech sector will be advantageous for this role.

From the employer

Key Responsibilities:

• Oversee and review high-risk individual and retail client cases within SLAs, ensuring timely and accurate resolution
• Lead complex EDD reviews involving PEPs, adverse media, and source of wealth/funds assessments, and provide expert guidance to analysts on case decisions and best practices
• Act as the primary escalation point for the team and cross-functional stakeholders, liaising with MLROs and Compliance leadership on complex or borderline cases
• Oversee the client off-boarding process for high-risk retail clients in line with internal policy and regulatory requirements
• Monitor team output quality and drive continuous improvements to EDD workflows, SOPs, and decision frameworks
• Maintain up-to-date knowledge of AML/CFT regulations and virtual currency developments relevant to individual and retail clients
• Manage high risk customer escalations from the first line of defense and other business units
• Drafting of documentation including, but not limited to policies, programs, procedures, guidance documents, training materials, and impact assessment/analysis
• Build and maintain strong relationships with MLRO teams and key internal stakeholders
• Mentor and develop team members, lead AML/CFT training programmes, and foster a high-performance culture

Requirements:

• Bachelor's degree in Law, Business, Finance, or related field
• 5+ years in AML/KYC compliance with a strong focus on EDD and high-risk individual/retail clients
• At least 2 years in a senior or lead capacity
• Proven EDD experience: PEPs, adverse media, high-risk jurisdictions, SoW/SoF assessments
• Proficiency in compliance tools: World-Check, ComplyAdvantage, Elliptic, or equivalent
• Strong knowledge of AML/CFT frameworks in crypto or financial services
• Knowledge of global licensing requirements related to financial services and crypto related business activities
• Excellent communication, decision-making, and team leadership skills
• CAMS or equivalent certification preferred
• Crypto or fintech experience a strong advantage

Additional:

• Why Binance
• Shape the future with the world’s leading blockchain ecosystem
• Collaborate with world-class talent in a user-centric global organization with a flat structure
• Tackle unique, fast-paced projects with autonomy in an innovative environment
• Thrive in a results-driven workplace with opportunities for career growth and continuous learning
• Competitive salary and company benefits
• Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)