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Are you ready to take your compliance career to the next level? A leading mortgage services company is seeking a dedicated Compliance Associate to join their dynamic team in Ipswich, UK. This is an excellent opportunity to grow within a supportive and inclusive work environment while enjoying a comprehensive benefits package.
Why Work with Us?
- Competitive Starting Salary: Begin your journey with a £30,000 starting salary.
- Generous Leave: Enjoy 25 days of annual leave plus bank holidays.
- Life Assurance: Benefit from life assurance at twice your annual salary.
- Pension Scheme: Take advantage of a generous pension scheme with up to 5% company match.
- Employee Assistance Programme: Access comprehensive support for personal well-being.
- Recognition Schemes: Be acknowledged for your hard work and dedication.
- On-Site Counsellor: Get support from an on-site counsellor.
- Sports & Social Events: Participate in active Sports & Social Committee events.
- Free Fruit Wednesdays: Enjoy free fruit every Wednesday.
- Private Bike Store: Secure your bike in a private bike store.
- Complimentary Beverages: Refresh yourself with complimentary beverages.
- Career Growth: Explore opportunities for career growth and development.
- Wellness Programs: Access wellness programs and resources to maintain a healthy work-life balance.
Role Profile: Compliance Associate
Location: Ipswich, UKContract Type: Full-time/PermanentReporting to: Senior Financial Crime & Compliance Manager (MLRO)
Role Purpose:The Compliance Associate will play a crucial role in strengthening the compliance team. They will ensure operations are in accordance with relevant UK laws, regulations, and internal policies, with a focus on Anti-Money Laundering (AML) activities, Know Your Customer (KYC), and Customer Due Diligence (CDD) processes.
Key Responsibilities:
- Assist in AML activities, including screening and due diligence for corporate clients.
- Investigate Suspicious Activity Reports and report externally when required.
- Monitor client transactions to detect potential suspicious activity.
- Screen borrowers against sanctions lists, adverse media, and Politically Exposed Persons (PEP) databases.
- Prepare compliance-related management information for senior management and stakeholders.
- Maintain and update compliance records and policies.
- Support compliance-related projects and audits.
- Ensure compliance with FCA regulations, AML laws, and internal policies.
- Escalate high-risk matters to senior compliance officers.
- Contribute to the continuous improvement of AML processes and procedures.
Essential Skills and Characteristics:
- Knowledge of AML regulations, KYC/CDD requirements, and FCA guidance.
- Proficiency in Microsoft Office.
- Minimum of 3 years’ experience in financial services industry compliance.
- High ethical standards and integrity.
- Excellent communication skills, both written and verbal.
- Strong problem-solving and organizational skills.
- Ability to work independently and as part of a team.
- Commitment to continuous learning and professional development.
Join this team and be part of an environment that values your growth and well-being. Apply now and take the next step in your compliance career!
