At a Glance
- Tasks: Join our team to prevent financial crimes and support compliance processes.
- Company: Be part of Robinhood, a fintech leader making finance accessible for everyone.
- Benefits: Enjoy flexible working options and a culture that values diversity and inclusion.
- Why this job: Contribute to a mission-driven company while developing your skills in a dynamic environment.
- Qualifications: Ideal candidates have 2-4 years in compliance, with a focus on financial crime prevention.
- Other info: We welcome diverse backgrounds and encourage applicants who are passionate about making a difference.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Robinhood Greater London, England, United Kingdom
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Robinhood Greater London, England, United Kingdom
Join to apply for the Risk & Compliance (AML) Associate role at Robinhood
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Join a leading fintech company that’s democratizing finance for all.
Robinhood Markets was founded on a simple idea: that our financial markets should be accessible to all. With customers at the heart of our decisions, Robinhood and its subsidiaries and affiliates are lowering barriers and providing greater access to financial information. Together, we are building products and services that help create a financial system everyone can participate in.
With growth as the top priority…
The business is seeking curious, growth-minded thinkers to help shape our vision, structures and systems; playing a key-role as we launch into our ambitious future. If you’re invigorated by our mission, values, and drive to change the world — we’d love to have you apply.
About the team + role
Robinhood is looking for a Compliance (AML) Associate to join our Risk & Compliance team based in the United Kingdom (UK). We are looking for a compliance professional with experience in handling processes to prevent financial crimes in a compliant manner and who is excited to work at the intersection of regulation, technology, and finance. We are looking for a highly adaptable and collaborative person who can handle ambiguity and rapidly shifting priorities with flexibility and patience.
The role is located in the office location(s) listed on this job description which will align with our in-office working environment. Please connect with your recruiter for more information regarding our in-office philosophy and expectations.
What You’ll Do
- Carry out RHUK processes to prevent financial crimes based on internal policies and frameworks
- Support the financial crime escalations and investigation processes resulting from customer and transaction monitoring and EDD
- Working with outsourced services, RHUK team and key business stakeholders in completing the UK compliance monitoring program
- Initiatives to improve effective and efficient processing of the financial crimes and compliance related processes
- Identifying and assessing risks in a joint effort with the 1st line of defence and MLRO
- Fostering and contributing to a culture of high ethical standards and integrity and promoting the core values, risk culture and risk appetite
- Support the regulatory compliance function processes and projects where required.
What You Bring
- Bachelor\’s degree or equivalent practical experience
- 2 – 4 years of compliance practice experience specialising in financial crime prevention in the UK
- Self-starter with ability to work independently, own processes to completion and coordinate across multiple functional groups
- Thorough knowledge of compliance topics such as: AML, ethics & integrity, KYC/CDD, governance and risk & control frameworks
- Exceptional attention to detail and strong problem-solving skills
- Excellent written and oral communication skills
- Open minded, curious, knowledgeable, proactive and not being afraid of asking for help and offering help
- Resourceful and adaptive in fast-paced, entrepreneurial environments
- A regulatory compliance background with a regulated firm
- Passionate about financial services
- Ability to quickly understand systems and process flows
Click here to learn more about available Benefits, which vary by region and Robinhood entity.
We’re looking for more growth-minded and collaborative people to be a part of our journey in democratizing finance for all. If you’re ready to give 100% in helping us achieve our mission—we’d love to have you apply even if you feel unsure about whether you meet every single requirement in this posting. At Robinhood, we\’re looking for people invigorated by our mission, values, and drive to change the world, not just those who simply check off all the boxes.
Robinhood embraces a diversity of backgrounds and experiences and provides equal opportunity for all applicants and employees. We are dedicated to building a company that represents a variety of backgrounds, perspectives, and skills. We believe that the more inclusive we are, the better our work (and work environment) will be for everyone. Additionally, Robinhood provides reasonable accommodations for candidates on request and respects applicants\’ privacy rights. Please review the specific Robinhood Privacy Policy applicable to the country where you are applying.
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Risk & Compliance (AML) Associate employer: Robinhood
Contact Detail:
Robinhood Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk & Compliance (AML) Associate
✨Tip Number 1
Familiarise yourself with the latest AML regulations and compliance frameworks in the UK. This knowledge will not only help you understand the role better but also demonstrate your commitment to staying updated in a rapidly changing field.
✨Tip Number 2
Network with professionals in the fintech and compliance sectors. Attend industry events or join relevant online forums to connect with others who can provide insights into the company culture at Robinhood and the specifics of the role.
✨Tip Number 3
Prepare to discuss real-world scenarios where you've successfully identified and mitigated financial crime risks. Having concrete examples ready will showcase your problem-solving skills and practical experience in compliance.
✨Tip Number 4
Research Robinhood's mission and values thoroughly. Be ready to articulate how your personal values align with theirs, as cultural fit is crucial for them. This will show that you're not just looking for any job, but are genuinely interested in contributing to their mission.
We think you need these skills to ace Risk & Compliance (AML) Associate
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Risk & Compliance (AML) Associate position. Understand the key responsibilities and required skills, such as knowledge of AML, KYC/CDD, and compliance processes.
Tailor Your CV: Customise your CV to highlight relevant experience in compliance and financial crime prevention. Use specific examples that demonstrate your problem-solving skills and attention to detail, which are crucial for this role.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for financial services and your alignment with Robinhood's mission. Mention how your background and skills make you a great fit for the team and the company's goals.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at Robinhood
✨Understand AML Regulations
Make sure you have a solid grasp of Anti-Money Laundering (AML) regulations and compliance practices. Familiarise yourself with the key concepts such as KYC (Know Your Customer) and CDD (Customer Due Diligence) to demonstrate your expertise during the interview.
✨Showcase Problem-Solving Skills
Prepare to discuss specific examples where you've successfully identified and mitigated risks in previous roles. Highlight your analytical thinking and how you approach complex compliance issues, as this will resonate well with the hiring team.
✨Emphasise Adaptability
Given the fast-paced nature of fintech, be ready to share experiences that showcase your adaptability and flexibility. Discuss how you've managed shifting priorities or ambiguity in past roles, which is crucial for the Risk & Compliance (AML) Associate position.
✨Align with Company Values
Research Robinhood's mission and values thoroughly. Be prepared to articulate how your personal values align with theirs, especially regarding democratizing finance and promoting ethical standards. This will show your genuine interest in the company and its goals.