Compliance Associate

Key Responsibilities

• Support the Compliance Specialist and CRO team by carrying out first-pass reviews of standard-risk KYC/CDD onboarding and periodic review files.
• Check that client documentation is complete, in date, and consistent with IFX's standard onboarding requirement.
• Flag missing information, inconsistencies, or anything outside standard parameters to the Compliance Specialist for further assessment.
• Maintain accurate, up-to-date records of files reviewed and outcomes.

• Assist with QA checks on straightforward, standard-risk 1LoD onboarding and periodic review files.
• Carry out basic completeness and consistency checks, including documentation checks and simple risk-classification comparisons.
• Record QA outcomes clearly using agreed templates, for review and sign-off by the Compliance Specialist.
• Help track agreed follow-up actions and remediation items to their assigned owners and deadlines.

• Carry out first-level review of routine sanctions, PEP, and adverse media screening alerts on standard-risk clients.
• Clear straightforward, low-risk ("true negative") matches in line with agreed procedures.
• Escalate any unclear, potential, or higher-risk matches to the Compliance Specialist for assessment and decision.
• Keep an accurate log of alerts reviewed and their outcomes.

• Support the Compliance Specialist in undertaking periodic (ongoing) reviews of IFX's intermediary and fintech client base, in line with agreed review cycles.
• Check that client information, ownership/control details, and supporting documentation remain complete, current, and consistent with IFX's due diligence standards.
• Confirm that expected activity and use of IFX's services remain broadly consistent with the client's existing risk profile, escalating any material changes to the Compliance Specialist.
• Record periodic review outcomes clearly using agreed templates, flagging any changes in risk profile, ownership, or activity for further assessment.
• Support tracking of periodic review completion against agreed timelines and highlight any files at risk of falling overdue.

• Identify and note straightforward gaps, missing evidence, or procedural inconsistencies arising from file checks and QA activity.
• Escalate anything unclear, judgement-based, or potentially higher risk to the Compliance Specialist rather than resolving independently.
• Support the tracking of open issues and actions through to closure under supervision.

• Maintain accurate and well-organised records of reviews, QA checks, screening outcomes, and related compliance activity.
• Support the Compliance Specialist in preparing routine compliance activity logs and management information inputs.
• Ensure documentation is filed and evidenced in accordance with IFX's record-keeping standards.

• Respond to routine, non-complex queries from First Line teams regarding standard KYC/onboarding requirements, referring anything complex or judgement-based to the Compliance Specialist.
• Build effective day-to-day working relationships with First Line teams while maintaining appropriate independence.
• Communicate clearly and professionally, escalating promptly where a query falls outside the Associate's scope.

• Identify and note straightforward gaps, missing evidence, or procedural inconsistencies arising from file checks and QA activity.
• Escalate anything unclear, judgement-based, or potentially higher risk to the Compliance Specialist rather than resolving independently.
• Support the tracking of open issues and actions through to closure under supervision.

• Maintain accurate and well-organised records of reviews, QA checks, screening outcomes, and related compliance activity.
• Support the Compliance Specialist in preparing routine compliance activity logs and management information inputs.
• Ensure documentation is filed and evidenced in accordance with IFX's record-keeping standards.

• Respond to routine, non-complex queries from First Line teams regarding standard KYC/onboarding requirements, referring anything complex or judgement-based to the Compliance Specialist.
• Build effective day-to-day working relationships with First Line teams while maintaining appropriate independence.
• Communicate clearly and professionally, escalating promptly where a query falls outside the Associate's scope.

Skills, Knowledge and Expertise

• Some exposure to compliance, AML, KYC, or a related operational role within financial services (typically 0–2 years' experience), or a strong academic/transferable background with a genuine interest in financial crime compliance.
• Basic working knowledge of, or a clear willingness and ability to quickly learn:
• AML/CTF principles
• KYC/CDD requirements
• sanctions, PEP, and adverse media screening concepts
• Strong attention to detail and accuracy when reviewing documentation and data.
• Good written and verbal communication skills.
• Well organised, with the ability to manage a personal workload of routine, repeatable tasks to agreed deadlines.
• Comfortable following defined procedures and escalating matters that fall outside them.
• Proficiency in MS Office; comfortable learning new compliance systems.

• Prior experience in a KYC, onboarding, or financial crime operations team.
• Studying towards, or interested in, a relevant professional qualification (e.g. ICA Certificate/Diploma in AML, CAMS).
• Familiarity with sanctions/PEP screening tools.
• Exposure to intermediary, fintech, PSP, or EMI client relationships.
• Exposure to a Second Line of Defence or QA/assurance environment.

• Attention to detail.
• Accuracy and consistency in documentation.
• Clear written and verbal communication.
• Organisation and time management.
• Willingness to learn and develop technical knowledge.
• Sound judgement in knowing when to escalate.
• Collaboration and professionalism with stakeholders.
• Reliability in completing assigned tasks.

Benefits

• 🌴 Time to Recharge

  • 25 days’ annual leave, plus bank holidays
  • An extra day off for your birthday
  • Holiday loyalty scheme rewarding long-term service
  • Work abroad scheme for added flexibility

• 💰 Financial Wellbeing

  • Competitive pension scheme via salary exchange
  • Annual discretionary bonus scheme (eligible after probation)
  • Financial education, planning & coaching platform
  • Interest-free Season Ticket Loan for London travel
  • Salary exchange nursery fee scheme

• 🩺 Health & Wellbeing

  • Life Insurance
  • Healthcare platform including:
    • Cashback on dental, optical & physio
    • Virtual GP access
    • Mental health and stress support helplines
    • Additional wellbeing resources

• 👶 Family & Lifestyle Support

  • Enhanced parental leave
  • Cycle to work scheme
  • Flexible benefits that support everyday life

• 🚀 Growth & Career Development

  • Career development and progression tools
  • Opportunities to grow within a fast-scaling international business

• 🎉 A Great Team Culture

• We will review your application and come back to you as soon as possible.
• You must be eligible to work in the UK to be considered for this position.
• Full background checks will be carried out on all successful candidates.