Legal and Compliance Associate

Job Role:

Responsible for conducting second-line reviews of Financial Crime controls—covering KYC, AML, Sanctions, ABC, Fraud, and Market Abuse—across bank functions. The role includes oversight of payments escalations, compliance monitoring, and regulatory adherence.

Key Responsibilities:

• Maintain and update the Compliance Monitoring Plan.
• Conduct compliance oversight reviews across business and support areas.
• Identify procedural gaps and training needs through review findings.
• Report oversight findings and MI on open actions to the Legal & Compliance Committee.
• Track and follow up on implementation of recommended actions.
• Support the MLRO in Financial Crime Risk Assessments.
• Prepare and submit monthly/quarterly compliance reports.
• Draft regulatory updates for senior management on changes and developments.
• Conduct investigations and liaise with stakeholders to resolve issues.
• Draft or amend Compliance Policies and review department-owned policies as needed.
• Support ad hoc projects related to Compliance, Financial Crime, Internal Audit, and FCA action plans.
• Guide and support the Financial Crime Operations (FCO) team when required.
• Stay updated on relevant laws and regulations.
• Provide general administrative support for the Compliance function.