Compliance Associate

EmpowerRD; London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A fast-growing start-up in London is seeking a Compliance Associate to support regulatory compliance within the Finance team. The role involves conducting due diligence and ongoing monitoring, requiring strong analytical skills and a solid understanding of UK AML regulations. This entry-level position offers opportunities for career growth and professional development.

Benefits

Competitive salary

Flexible working

Health benefits

Opportunities for career growth

Ongoing professional and personal development

Qualifications

• Experience in AML/Compliance within professional services, fintech, or taxtech sectors.
• Knowledge of UK AML regulations, including the Money Laundering Regulations 2017.
• Ability to work effectively in a fast-growing, dynamic environment.

Responsibilities

• Conduct due diligence on corporate clients and partners.
• Perform PEP, sanctions, and adverse media screening.
• Maintain audit-ready documentation for all checks.

Skills

Analytical skills

Attention to detail

Communication skills

Understanding of UK AML regulations

Job description

Join to apply for the Compliance Associate role at EmpowerRD.

EmpowerRD is a fast-growing start-up based in London, UK. Our vision is to assist our clients in unlocking all the funding that rewards innovation globally. We combine expert knowledge and advanced technology to simplify the process of claiming available funding.

Our current focus is on helping UK companies access part of the £5Bn available annually for research and development investments.

About The Job

You will work within the Finance team, playing a critical role in ensuring compliance with regulatory requirements by supporting key operational processes. Your responsibilities include screening clients, managing ongoing monitoring activities, and identifying potential AML risks. You will conduct due diligence, assess risk levels, and collaborate to maintain a robust prevention framework. This role requires strong analytical skills, attention to detail, and the ability to navigate complex regulatory environments in a fast-paced setting.

Responsibilities

• KYB (Know Your Business): Conduct due diligence on corporate clients and partners, verifying business registration, ownership structure, and beneficial owners (UBOs).
• KYC (Know Your Customer): Review and validate individual customer documents (e.g., ID, proof of address) in line with risk standards.
• AML Screening: Perform PEP, sanctions, and adverse media screening using internal and third-party tools. Investigate matches and escalate as needed.
• Ongoing Monitoring: Conduct periodic reviews, monitor transaction activity, and support enhanced due diligence on higher-risk clients.
• Escalations & Reporting: Identify red flags, escalate suspicious activity promptly, and prepare case files and SAR recommendations.
• Policy Adherence: Maintain understanding of internal AML/CTF policies and ensure compliance.
• Record-Keeping: Maintain audit-ready documentation for all checks, in accordance with regulations.

Skills And Qualifications

• Experience in AML/Compliance within professional services, fintech, or taxtech sectors.
• Knowledge of UK AML regulations, including the Money Laundering Regulations 2017.
• Understanding of customer due diligence (CDD), EDD, and risk scoring frameworks.
• Strong analytical skills and keen attention to detail.
• Excellent communication skills, capable of writing concise summaries and risk justifications.
• Familiarity with AML/CTF standards and compliance practices.
• Ability to work effectively in a fast-growing, dynamic environment.

Benefits

• Competitive salary.
• Flexible working (currently two days per week in our Old Street, London office).
• Health benefits.
• Opportunities for career growth, leadership, and innovation.
• Ongoing professional and personal development.

Our Values

EmpowerRD's culture is guided by core values. Consider whether these align with your personal values when applying:

• Lead with integrity: Doing the right thing for our team, clients, and stakeholders, building trust through technology and relationships.
• Professionalism: Being reliable, authoritative, respectful, and committed to continuous learning.
• Boldness: Embracing innovation, data-driven thinking, and market leadership.
• Proactivity: Having a growth mindset, taking considered risks, learning from mistakes, and acting proactively.
• Approachability: Supporting each other, fostering a positive team environment, and taking ownership.

Additional Details

Seniority level: Entry level

Employment type: Full-time

Job function: Finance and Sales

Industries: IT Services and IT Consulting