We’re expanding our wealth offering and the financial crime complexity that comes with it is growing. We want someone who is not only able to manage our current risk exposure but who will grow with us as our product range and customer wealth evolves.
This is a senior second-line-of-defence (2LoD) position within Chip’s small Financial Crime Compliance function. You will own end-to-end compliance monitoring and assurance, provide expert advisory to our first-line operations teams, and play a pivotal role in how we identify, assess, and mitigate financial crime risk across our growing portfolio of savings and investment products.
Reporting directly to the MLRO / Head of Financial Crime Compliance, you will be a capable, growing specialist – someone who can work with real independence, communicate risk clearly, and contribute meaningfully to improving Chip’s control framework across all areas of financial crime risk.
What you can expect to be doing:
Execute Chip’s Financial Crime Compliance Monitoring Plan end-to-end, across AML, fraud, sanctions, PEPs, and broader financial crime controls – including scoping, fieldwork, control testing, reporting, and issue tracking through to closure.
Apply data analytics and AI-assisted tooling confidently across your monitoring work – using them to sharpen coverage, improve efficiency, and raise the quality of findings.
Produce clear, well-evidenced assurance reports with actionable findings for relevant governance forums.
Contribute to enterprise-wide risk assessments (EWRA), supporting the assessment of inherent risk, control effectiveness, and residual risk across Chip’s product and customer base.
Identify and flag control gaps, contributing to recommendations for improvement and supporting the tracking of remediation actions through to completion.
Support horizon scanning activity with gap analysis, monitoring regulatory developments and emerging financial crime typologies relevant to Chip’s risk profile.
Review and assess internal Suspicious Activity Reports (SARs) and escalations referred from first-line teams, providing quality assurance on escalation decisions prior to MLRO escalation for sign-off.
Assist with the handling of Law Enforcement Agency (LEA) requests, supporting the preparation of timely, accurate, and appropriately documented responses.
Maintain meaningful MI to track financial crime risks, control performance, and monitoring outcomes – building AI-assisted reporting where it adds efficiency and clarity.
Contribute to the MLRO Annual Report, including drafting sections on financial crime risk, control environment, and assurance activity.
What we’re looking for:
You’ll have around 5 years’ of financial crime experience, including at least half that time in a 2LoD role. We will consider strong candidates with less experience where they can demonstrate genuine depth across compliance monitoring, assurance, and FC operations oversight. Experience across both lines of defence experience are required.
Experience in a retail savings, investment, or wealth management environment is advantageous, particularly where this has involved exposure to complex customer risk profiles and the financial crime risks associated with investment and wealth products.
Thorough, hands-on knowledge of the UK Financial Crime regulatory framework.
Proven experience conducting compliance monitoring and assurance reviews, including control testing methodology, sampling, and findings reporting.
Experience contributing to enterprise-wide risk assessments with an understanding of inherent risk, control assessment, and residual risk conclusions.
Direct experience with SAR drafting, review, and escalation decisions.
Working knowledge of KYC controls, PEP and sanctions screening processes, EDD obligations, and high-risk customer processes.
Excellent communication as well as strong MI and data skills. Comfortable building and presenting management information and findings in a way that tells a clear story.
Organised and self-directed, with the ability to manage multiple workstreams and deadlines independently.
ICA, CAMS, or equivalent professional qualification is desirable, though not essential if experience is strong.
Comfortable using or implementing AI tools in a compliance context and a strong interest in developing skills as this technology progresses.
What we’re really looking for: ✍️
We’re looking for someone who’s genuinely excited about Chip and energised by the opportunity to help build the future of wealth, making saving, investing and pensions simpler and more accessible for everyone.
We work in a regulated space, so the bar is high. But we’ve built a team of smart, thoughtful people who care about doing great work and enjoy doing it together. Technical skills matter, obviously. But they’re not the only thing we hire for.
We want real people. People with interests, perspective and personality. The best teams are made up of individuals who bring different experiences into the room, not just polished CVs and good interview answers.
So alongside the technical side, we’ll be looking for empathy, self-awareness, sound judgement, resilience and a collaborative mindset. People who are good to work with, especially when things get hard.
⏰ Working Hours ⏰
Monday to Thursday: 9:00 AM – 6:00 PM
Friday: 8:00 AM – 4:00 PM (Start your weekend early!)
Enjoy a structured yet balanced workweek, with an early Friday finish to kickstart your weekend!
PERKS
£50,000 – £60,000 per annum
Discretionary Performance-Related Annual Bonus.
Workplace pension scheme – We invest in your future with a workplace pension scheme, contributing 5% on earnings up to £50,000. Plan ahead with confidence while you grow your career! …