Financial Crime Operations and Compliance Associate

About the role

• FinTech sector
• The role sits within the Compliance team and would suit someone with payments and fintech experience within either Compliance or FinCrime Ops
• This is a hybrid role requiring attendance at the office (Central London) at least 3 days per week for collaboration, discussion and team building.
• Salary £35,000 - £40,000

Company Description

Ephelia Group is a global financial group offering Fintech-as-a-Service in Payments, Electronic Money, Investments, and Compliance. Operating in Europe, the United States, the United Kingdom, Switzerland, and New Zealand, Ephelia manages an ecosystem focused on innovation, technology, and financial services through targeted acquisitions.

Role Description

This is a full-time role for an Analyst working within second line at Ephelia Group in the UK. You will be responsible for conducting due diligence, monitoring transactions, and ensuring compliance with relevant AML regulations. You will also assist with queries relating to GDPR, deal with licensing and regulatory issues. The ideal candidate will have experience of writing procedures and of designing and monitoring process controls, be highly detail-oriented and committed to maintaining the highest standards of financial integrity.

Role Detail

• Responsible for carrying out all aspects of the day-to-day KYC/AML risk management duties including but not limited to CDD/EDD for trigger events, periodic reviews.
• Assisting the MLRO in developing internal AML knowledge and best practices
• Assisting in the implementation of compliance risk mitigation tools, policies and procedures
• Ensuring CDD is carried out on all clients, focusing on ongoing monitoring.
• Reviewing new and existing client and matter files to ensure all CDD procedures have been followed.
• Conducting screening checks using third party tools to identify Sanctions, PEPs, and Adverse Media in relation to the entities and related parties subject to screening policies and procedure.
• Answering AML queries from fee earners and other staff, escalating as necessary.
• Provide support to/ respond to escalations from the MLRO.
• Provide compliance oversight of product development and the advice process through monitoring and periodic reviews.
• Promote awareness and provide training when necessary on regulatory requirements and expectations.
• Researching and advising on complex AML queries
• Supporting AML projects

Knowledge and experience that will help you succeed in the role:

• IT IS ESSENTIAL TO THIS ROLE THAT CANDIDATES HAVE extensive experience in AML/KYC due diligence roles, FinCrime Ops or Compliance functions (minimum of 2 years) in a Financial Services setting
• Good knowledge of UK, EU and other anti-money laundering regulations
• Knowledge of AML Typologies /Red Flags
• Proven experience of PEPs, Sanctions and Negative Media screening
• Experience conducting Enhanced Due Diligence (EDD) reviews on high-risk entity types
• Certifications that reflect your specialisation in compliance, such as ICA, ACAMS.
• Previous experience in a regulated payments business
• Strong “regulatory backbone” – able to influence compliance related decisions across the business.
• Excellent written and spoken English and strong report writing skills including the ability to apply independent thought and analysis.
• Strong team player, also able to work independently and take ownership of issues.
• Strong MS Office excel skills are essential – including data analysis and pivot table creation
• Great communication skills
• Comfortable working on own initiative
• Italian language preferable but not required

UK WORK AUTHORISATION IS ESSENTIAL TO THIS ROLE. WE DO NOT OFFER SPONSORSHIP.