FinCrime Compliance & Assurance Officer

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!

• Private medical insurance (medical history disregarded)

• Employee Assistance Programme

• Cycle to work scheme

• Season ticket loan

• Free ChipX subscription for UK-based employees

• We are an equal-opportunity employer and value diversity

• Flexible working arrangements

• 28 days holiday plus bank holidays, plus the days between Christmas and New Year ✈️

• Annual training budget for courses, workshops, or conferences to help you advance your career.

• £30 per month Chip Fitness Benefit to suit your Mental/Physical Wellbeing

• Company laptop

• Opportunity to have a huge impact on our product while fast-tracking your knowledge, responsibility and skills in a high-growth fintech startup

Our Interview Process:

1. Video screen with someone from our Talent team

2. Case study

3. Video interview with the hiring manager and case study run through

4. Final interview with Chief Risk & Compliance Officer

 

  About Chip

Chip’s mission is to make your life wealthy

We're building the wealth super app of the future. An app to build your long-term wealth across savings, investments and pensions.

We use technology to break down barriers so users can invest like the ultra-wealthy, giving them one simple place to manage, grow and protect their wealth.

The Sunday Times listed Chip as the 6th fastest growing tech company in Britain… and we're not slowing down. Chip serves over 400,000 active customers and looks after over £6billion in assets. These customers trust us to build the most amazing product we can, so working at Chip comes with real purpose.

Chip is being built by a fast-growing team of designers, developers, customer service professionals, marketers, banking experts, and entrepreneurs. Our funding story though is a little different. Chip is one of the most crowd-funded businesses in Europe, having raised over £50m from 29,000 investors, over 9 years. Crowdfunding is in our DNA and only Brewdog has more investors than Chip.

Our vision

To be the most personal digital wealth manager in the UK

Who we are

Chip has a creative and diverse team of 180, from all different backgrounds and industries. We’re driven and passionate people, but no one takes themselves too seriously.

Don’t just take our word for it. We have a few awards under our belt, including Best Personal Finance App at the 2022, 2024 & 2025 British Bank Awards.

Our Values

Be ACCOUNTABLE

Everything you do matters, Care about the end result, Challenge the norm, Disagree, yet commit to making it happen once a decision has been made, Do the best job possible

Be BOLD

Share our Ambition and do your bit to achieve it, Innovate: challenge the norm, break the mould and make it happen, Set goals that truly align with our mission, Do your best for our customers

Be COLLABORATIVE

Work cross-functionally - we win as a team, Build strong relationships based on trust, Treat others fairly and respectfully, Hold others to account, Be supportive and inclusive, Have fun together

Equal Opportunities

We are passionate and committed to our people and go beyond the rhetoric of diversity and inclusion. You will be working in an inclusive environment and be encouraged to bring your whole self to work. We will do all that we can to help you successfully balance your work and home life. As a growing business we will encourage you to develop your professional and personal aspirations, enjoy new experiences, and learn from the talented people you will be working with. It’s talent that matters to us and we encourage applications from people irrespective of their gender, race, sexual orientation, religion, age, disability status or caring responsibilities.

Note to Agencies

Chip does not accept unsolicited CVs from recruiters or employment agencies in response to any of our live roles on our career page. Chip will not consider or agree to payment of any referral compensation or recruiter fee relating to these unsolicited CVs. Chip explicitly reserves the right to hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited CVs, including those submitted to hiring managers, are deemed to be the property of Chip.