At a Glance
- Tasks: Execute financial crime compliance monitoring and improve efficiency using data analytics and AI tools.
- Company: Join a fast-growing fintech startup with a commitment to diversity and inclusion.
- Benefits: Competitive salary, performance bonuses, flexible working, and 28 days holiday.
- Other info: Opportunity for professional growth and a supportive workplace culture.
- Why this job: Make a real impact on financial crime compliance while developing your skills in a dynamic environment.
- Qualifications: Experience in financial crime compliance and strong communication skills are essential.
The predicted salary is between 60000 - 60000 £ per year.
What you can expect to be doing
- Execute Chip’s Financial Crime Compliance Monitoring Plan end‑to‑end across AML, fraud, sanctions, PEPs and broader controls – scoping, fieldwork, control testing, reporting and issue tracking to closure.
- Apply data analytics and AI‑assisted tooling to sharpen coverage, improve efficiency and raise the quality of findings.
- Produce clear, well‑evidenced assurance reports with actionable findings for governance forums.
- Contribute to enterprise‑wide risk assessments (EWRA), supporting assessment of inherent risk, control effectiveness and residual risk across Chip’s products and customers.
- Identify and flag control gaps, recommend improvements and support the tracking of remediation actions to completion.
- Support horizon scanning activity – gap analysis, monitoring regulatory developments and emerging financial‑crime typologies relevant to Chip’s risk profile.
- Review and assess internal Suspicious Activity Reports (SARs) and escalations referred from first‑line teams, providing quality assurance on escalation decisions before MLRO sign‑off.
- Assist with handling Law Enforcement Agency (LEA) requests, supporting the preparation of timely, accurate and documented responses.
- Maintain meaningful MI to track financial‑crime risks, control performance and monitoring outcomes – building AI‑assisted reporting where it adds efficiency and clarity.
- Contribute to the MLRO Annual Report, drafting sections on financial‑crime risk, control environment and assurance activity.
What we’re looking for
- Roughly five years’ financial‑crime experience, including at least half in a 2Lo D role; strong candidates with less experience are considered if they demonstrate depth in monitoring, assurance and FC operations oversight.
Experience across both lines of defence is required.
- Experience in retail savings, investment or wealth‑management is advantageous, particularly where exposure to complex customer risk profiles and associated financial‑crime risks exists.
- Hands‑on knowledge of the UK Financial Crime regulatory framework.
- Proven experience conducting compliance monitoring and assurance reviews, including control‑testing methodology, sampling and findings reporting.
- Experience contributing to enterprise‑wide risk assessments with an understanding of inherent risk, control assessment and residual risk conclusions.
- Direct experience with SAR drafting, review and escalation decisions.
- Working knowledge of KYC controls, PEP and sanctions screening, EDD obligations and high‑risk customer processes.
- Excellent communication and strong MI and data skills; comfortable building and presenting management information that tells a clear story.
- Organised and self‑directed, able to manage multiple workstreams and deadlines independently.
- ICA, CAMS or equivalent professional qualification desirable, though not essential if experience is strong.
- Comfortable using or implementing AI tools in a compliance context and a strong interest in developing these skills.
- Working Hours
- Monday to Thursday: 9:00 AM – 6:00 PM
Perks
- Discretionary performance‑related bonus
- Workplace pension scheme – 5 % on earnings up to £50,000
- Private medical insurance
- Employee Assistance Programme
- Cycle‑to‑work scheme
- Season‑ticket loan
- Free Chip X subscription for UK‑based employees
- Equal‑opportunity employer with a diverse workforce
- Flexible working arrangements
- 28 days holiday plus bank holidays, plus the days between Christmas and New Year
- Annual training budget for courses, workshops or conferences
- £30 per month Chip Fitness benefit for mental/physical wellbeing
- Company laptop
- Opportunity to make a huge impact on product while growing quickly in a high‑growth fintech startup
- Equal Opportunities
We are passionate and committed to our people and go beyond the rhetoric of diversity and inclusion.
You will be working in an inclusive environment and be encouraged to bring your whole self to work.
We will do all that we can to help you successfully balance your work and home life.
As a growing business we will encourage you to develop your professional and personal aspirations, enjoy new experiences and learn from the talented people you will be working with.
It’s talent that matters to us and we encourage applications from people irrespective of gender, race, sexual orientation, religion, age, disability status or caring responsibilities.
#J-18808-Ljbffr
FinCrime Compliance & Assurance Officer employer: Chip
Join a dynamic and supportive team as a Remote Customer Support Executive, where your passion for customer care will be valued and nurtured. With flexible working hours and a focus on employee well-being, we offer a competitive salary, performance-related bonuses, and a workplace pension scheme to help you secure your future. Embrace the opportunity to grow within a fast-paced, innovative company that celebrates individuality and fosters a positive work culture, all from the comfort of your home in the UK.
StudySmarter Expert Advice🤫
We think this is how you could land FinCrime Compliance & Assurance Officer
✨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 Chip looking for candidates who are engaged and informed.
We think you need these skills to ace FinCrime Compliance & Assurance Officer
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 Chip. 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 Chip
✨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 Chip’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
