Legal and Compliance Associate

JR United Kingdom; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Compliance Officer to oversee Financial Crime controls, including KYC, AML, and Fraud prevention. This dynamic role involves conducting compliance reviews, identifying procedural gaps, and ensuring regulatory adherence across various bank functions. The position offers opportunities for professional growth while contributing to the integrity of financial operations. If you are passionate about compliance and risk management, this is an exciting opportunity to make a meaningful impact in a vital area of the banking sector.

Qualifications

• Experience in Financial Crime compliance and regulatory frameworks.
• Strong analytical skills to identify gaps and training needs.

Responsibilities

• Conduct compliance oversight reviews and maintain the Compliance Monitoring Plan.
• Prepare compliance reports and draft regulatory updates for management.

Skills

KYC

AML

Sanctions

Fraud Prevention

Market Abuse

Compliance Monitoring

Regulatory Adherence

Financial Crime Risk Assessment

Education

Degree in Finance or related field

Job description

Job Role:

Responsible for conducting second-line reviews of Financial Crime controls—covering KYC, AML, Sanctions, ABC, Fraud, and Market Abuse—across bank functions. The role includes oversight of payments escalations, compliance monitoring, and regulatory adherence.

Key Responsibilities:

1. Maintain and update the Compliance Monitoring Plan.
2. Conduct compliance oversight reviews across business and support areas.
3. Identify procedural gaps and training needs through review findings.
4. Report oversight findings and MI on open actions to the Legal & Compliance Committee.
5. Track and follow up on implementation of recommended actions.
6. Support the MLRO in Financial Crime Risk Assessments.
7. Prepare and submit monthly/quarterly compliance reports.
8. Draft regulatory updates for senior management on changes and developments.
9. Conduct investigations and liaise with stakeholders to resolve issues.
10. Draft or amend Compliance Policies and review department-owned policies as needed.
11. Support ad hoc projects related to Compliance, Financial Crime, Internal Audit, and FCA action plans.
12. Guide and support the Financial Crime Operations (FCO) team when required.
13. Stay updated on relevant laws and regulations.
14. Provide general administrative support for the Compliance function.