Compliance Assistant

Reed; Ipswich; On-site; GBP 30,000; Full time

Job description

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!