At a Glance
- Tasks: Ensure compliance with regulations and support ethical standards in financial services.
- Company: Join Lendwise, a mission-driven FinTech company transforming education financing.
- Benefits: Full-time role with opportunities for professional growth in a dynamic environment.
- Other info: Collaborative team culture with a focus on continuous improvement and innovation.
- Why this job: Make a real impact by upholding regulatory standards and supporting students' ambitions.
- Qualifications: 3-4 years in compliance; strong communication and analytical skills required.
The predicted salary is between 35000 - 45000 £ per year.
We are seeking a hardworking, dynamic, and versatile individual to join our growing team as a Compliance Associate. This position is designed for a junior professional with 3-4 years experience in Compliance within the Financial Services sector. You will be looking to build upon your solid start to your career with a leading FinTech company by ensuring our operations meet the highest regulatory standards. This is a full‑time on‑site role for a Compliance Officer based in London. The primary focus of this role is within our Compliance & Risk team, where you will help maintain the integrity of our platform. You will be responsible for ensuring that our internal processes align with FCA requirements and data protection laws, acting as a vital check‑and‑balance for the business. This includes undertaking ongoing compliance monitoring and ensuring that our regulatory returns are completed and filed on time. You will support the company in its mission by ensuring ethical standards and financial regulations are upheld at all times.
Key Responsibilities
- Regulatory Monitoring & AML (Primary Focus)
- Onboarding Oversight: Conducting and reviewing KYC and AML checks to ensure all borrowers and investors meet regulatory requirements. Liaising with the MLRO for higher‑risk transactions and assisting with follow‑on checks where needed.
- Transaction Monitoring: Assisting in monitoring platform activity to identify and investigate potentially suspicious behaviour or financial crime.
- Regulatory Filings: Owning the regulatory filings for the firm through the REGDATA system, ensuring that returns are completed consistently, accurately and in a timely manner.
- Policy Implementation: Assisting in the ongoing maintenance, review and update of internal compliance and other associated policies, ensuring they reflect relevant regulatory updates.
- Compliance Monitoring: Undertaking cyclical risk‑based compliance monitoring, drafting monitoring reports for submission to the Compliance & Risk Committee and assisting in implementing recommended improvements.
- Business Support & Advisory
- Marketing Review: Working closely with marketing and product teams to ensure all outward‑facing communications and promotions are fair, clear, not misleading, and support good customer outcomes.
- Internal Liaison: Acting as a point of contact for internal departments for compliance and financial crime queries.
- Data Protection: Supporting the implementation of GDPR standards and managing data subject access requests or privacy inquiries.
- Process Improvement: Recommending policy and procedure improvements across the customer journey and working with relevant teams to implement them.
What We Are Looking For
- Versatility: Ability to pivot between detailed, technical document reviews and providing clear, professional advice to colleagues.
- Communication: Exceptional verbal and written English; able to explain complex regulatory rules in a simple, professional manner.
- Previous Experience: Prior experience in a junior compliance, risk, or paralegal role within a financial services organisation is preferred.
- Analytical Mindset: Eye for detail and comfort with data; proficiency in MS Office (especially Excel) is required.
- Education: An undergraduate degree in Law, Finance, or Business is preferred but not required.
- Regulatory Interest: Genuine interest in the FCA‑regulated environment, financial crime prevention, and data protection (GDPR) is a must.
- Problem Solving: Logical, ethical approach to resolving conflicts and finding solutions that protect both the company and its customers.
- Proactive, self‑starter attitude toward improving internal controls and processes.
- Effective communication skills to collaborate with internal teams and engage with regulatory authorities.
- Knowledge of finance processes and regulatory requirements in the financial sector.
- Organised and detail‑oriented with the ability to manage multiple priorities.
Company Description
Lendwise is a London‑based, FCA‑regulated peer‑to‑peer (P2P) lending platform dedicated to making education financing accessible. We offer tailored loans to aspiring students and provide investors with competitive returns. We are a FinTech business with a mission‑driven team dedicated to funding the ambitions of individuals pursuing postgraduate education.
Compliance Officer in Langley employer: The FCA
Lendwise is an exceptional employer, offering a dynamic work environment in the heart of London where compliance professionals can thrive. With a strong focus on employee growth and development, we provide opportunities for our team members to enhance their skills while ensuring the highest regulatory standards in the FinTech sector. Our mission-driven culture fosters collaboration and innovation, making it a rewarding place to contribute to meaningful educational financing solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer in Langley
✨Tip Number 1
Network like a pro! Reach out to people in the compliance and financial services sectors on LinkedIn. Join relevant groups, attend webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA regulations and compliance practices. We recommend creating a cheat sheet of key points and examples from your past experience that showcase your skills. This will help you feel confident and ready to impress!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. At StudySmarter, we believe in finding a role that excites you. Tailor your approach to each company, showing them why you’re the perfect fit for their team.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’d be an asset to their compliance team!
We think you need these skills to ace Compliance Officer in Langley
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your compliance experience, especially in financial services, and any relevant qualifications that show you're a great fit for our Compliance Officer role.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance and how your previous roles have prepared you for this position. Keep it professional but let your personality come through!
Showcase Your Attention to Detail:As a Compliance Officer, attention to detail is key. Make sure your application is free from typos and errors. This not only shows your diligence but also reflects your ability to maintain high standards in compliance work.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're proactive and keen to join our team at Lendwise!
How to prepare for a job interview at The FCA
✨Know Your Regulations
Make sure you brush up on the latest FCA regulations and data protection laws. Being able to discuss these confidently will show that you're serious about compliance and understand the importance of these standards in the financial services sector.
✨Showcase Your Analytical Skills
Prepare examples from your previous experience where you've had to analyse data or documents. Highlight how your attention to detail helped identify issues or improve processes, as this is crucial for a Compliance Officer role.
✨Communicate Clearly
Practice explaining complex regulatory concepts in simple terms. This will demonstrate your ability to communicate effectively with colleagues across different departments, which is key for the role.
✨Be Proactive
Think of ways you can improve compliance processes or internal controls based on your past experiences. Presenting these ideas during the interview will show that you're not just reactive but also proactive in ensuring compliance.
