At a Glance
- Tasks: Conduct KYC checks and monitor transactions to prevent financial crime.
- Company: Join a dynamic team in a fast-paced compliance environment.
- Benefits: Gain valuable experience, career growth, and a supportive team culture.
- Other info: Opportunity to work on evolving compliance challenges and regulatory changes.
- Why this job: Make a real impact in financial crime prevention while developing your skills.
- Qualifications: Experience in compliance or AML, with strong analytical skills.
The predicted salary is between 29700 - 36300 £ per year.
Are you a proactive and curious compliance professional ready to take on a pivotal role in a fast-paced, regulated environment?
We are seeking a Compliance Associate to join our team, focusing primarily on KYC/KYB processing to strengthen our defenses against financial crime.
You'll be at the forefront of our compliance efforts, using your sharp analytical skills to identify and prevent suspicious activities.
This is an excellent opportunity for someone with a few years of experience to make a significant impact and grow their career in a supportive team.
What you will be doing
As a Compliance Associate, your main focus will be due diligence checks and Transaction Monitoring. Your day-to-day will involve:
KYC, Due Diligence & Compliance Reviews
- Performing Know Your Customer (KYC) processing and reviewing potential matches from PEP (Politically Exposed Persons) and Sanctions screening.
- Carrying out Enhanced Due Diligence (EDD) on high-risk clients and complex cases.
- Executing Ongoing Due Diligence (ODD) through periodic reviews and compliance checks.
Transaction Monitoring
- Conducting real-time and post-event transaction monitoring to spot and investigate suspicious activities.
- Helping to refine our transaction monitoring rules and procedures as new risks emerge.
- Generating insightful compliance reports to support data-driven decisions.
General Compliance Support
- Assisting the Head of Compliance & MLRO (Money Laundering Reporting Officer) with daily compliance tasks.
- Assessing business activities for compliance risks and contributing to mitigation strategies.
- Staying on top of regulatory changes and evolving financial crime trends.
- Preparing compliance reports for both regulators and internal stakeholders.
Who you are
You are a detail-oriented team player with a passion for financial crime prevention.
Your Experience
Ideally, you have some experience in a compliance, AML, banking, or cards environment.
Your Knowledge
You're familiar with AML regulations, the FCA Handbook, and various financial crime typologies.
Your Skills
You possess strong analytical and investigative skills with a keen eye for detail.
You're proficient in Excel and other compliance systems/reporting tools.
You also know how to handle sensitive information with complete discretion.
Your Attributes
You're curious, proactive, and a quick learner.
You have strong written and verbal communication skills.
You're a solution-oriented team player who thrives in a fast-paced environment.
#J-18808-Ljbffr
Compliance Associate in London employer: Accomplish
Keys Group is an excellent employer, offering a supportive work culture where compassion and dedication are valued. Located in Hall Green, Birmingham, employees benefit from comprehensive training, career development opportunities, and access to wellbeing resources, ensuring a fulfilling and rewarding experience while making a positive impact in the community.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Associate in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Accomplish looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Associate in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Accomplish. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Accomplish
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Accomplish’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
