Financial Crime Compliance Associate

**About the role**Reporting to the Financial Crime Risk Manager, you will play a pivotal role in **Second Line Assurance**, conducting comprehensive **end-to-end control testing** to strengthen Lendable’s defences against Anti-Money Laundering (AML), Terrorist Financing, Proliferation Financing, Sanctions, and Anti-Bribery and Corruption. As part of a close-knit team, you’ll have the chance to shape your role and advance your career as the business continues to grow.* Accountability for identifying, assessing, and **managing financial crime risks**. This includes ensuring that risks are clearly documented and understood at all levels.* Ensuring that processes are carried out effectively to detect and prevent financial crime through the creation of **robust assurance processes** and **effective oversight*** Working closely with the **second line** (risk and compliance teams) to ensure a cohesive approach to risk management and ensuring that the organisation **meets all regulatory expectations** and is prepared for audits or reviews* Ensuring that **policies, procedures and governance documents** are in place and align with the firm's financial crime framework*This role requires an **understanding of regulatory expectations**, as well as the ability to adapt to a **fast-paced environment** where financial crime risks are constantly evolving.*****Your team’s objectives***** The objective of the **second line** Financial Crime Function is to provide independent **oversight**, **guidance**, and **challenge** to ensure that the firm effectively manages financial crime risks, such as money laundering, fraud, and terrorist financing. Its primary role is to ensure that appropriate risk management processes are in place and functioning as intended, while also ensuring compliance with relevant regulations.* The team maintains strong working relationships across almost all areas of the firm and **collaborates effectively** to achieve its goals. ****What you’ll be doing/impact on objectives***** Offer **guidance** and **support** to the first line of defence on matters related to financial crime).* Conduct **quality assurance** (QA) **reviews** of high-risk processes to ensure alignment with established policies.* Compile regular **QA reports**, highlighting key findings and outlining remedial action plans.* Contribute to the annual **financial crime risk assessments** to maintain the effectiveness of the control framework.* Conduct **gap analysis** against Dear CEO letters and FCA fine reviews.* Deliver prompt and accurate responses to **financial crime-related queries** directed to the Second Line Team.****What we’re looking for***** Proven experience in the financial services sector, with a strong understanding of **industry best practices and regulatory frameworks**; familiarity with retail banking or FinTech is highly desirable.* **Educated to degree level or holding a relevant compliance qualification** (e.g., ICA Certification in Financial Crime or AML/CTF).* Possesses **a strong work ethic,** sound judgment, and the ability to make well-informed decisions.* **Exceptional communication skills**, both written and verbal.* Comprehensive knowledge or **willingness to learn** about Financial Crime guidance and regulation including; the FCA Handbook, particularly the **Financial Crime Guide, and the JMLSG Guidance**.****The interview process****We’re not a corporation so we try our best to get things moving as quickly as possible. For this role we’d expect:* A quick phone call with **one of the team*** A **task** to complete (this will take no longer than an hour)* Video Interview with the **Financial Crime Risk Manager** to discuss your task* Video Interview the Director of Enterprise Risk* The opportunity to scale up one of the **world’s most successful** fintech companies* **Best-in-class** compensation, including equity* You can work from home **every Monday and Friday** if you wish - on the other days we all come together IRL to be together, build and exchange ideas* **Our in-house chefs** prepare fresh, healthy lunches in the office every Tuesday-Thursday* We care for our Lendies’ well-being both physically and mentally, so we offer coverage when it comes to **private health insurance*** We're an **equal opportunity employer** and are keen to make Lendable the most inclusive and open workspace in London