Compliance Specialist, Creditspring
£40-50k
2+ days a week in office
A subscription service offering interest-free loans
Be an early applicant
A subscription service offering interest-free loans
101-200 employees
Be an early applicant
£40-50k
2+ days a week in office
101-200 employees
Company mission
To change the way people deal with unexpected expenses and help them gain financial stability.
Role
Who you are
- A minimum of 3 years’ experience across compliance, financial crime and AML in financial services
- Strong knowledge of UK financial crime regulations including MLRs, POCA and JMLSG
- Excellent communication and stakeholder management skills, with the ability to influence operational teams
Desirable
- Consumer credit experience
- Experience in a fintech or similarly fast paced environment
- Working knowledge of the FCA guidelines and regulatory requirements including CONC, DISP, SYSC, PRIN, Consumer Duty and SMCR
- Relevant professional certifications (e.g., ICA, ACAMS, or similar) preferred
What the job involves
- The role is in the Compliance function at Creditspring and reporting to the Head of Compliance
- The role will have a strong focus on financial crime including AML and fraud, and requires a strong understanding of regulatory requirements, risk mitigation strategies, and operational controls to ensure compliance with relevant legislation and best practices
- The Compliance Specialist will also work with other parts of the business to promote a customer centric culture, provide advice on relevant regulations and provide assurance to the business by supporting the delivery the annual compliance monitoring plan
- Support the KYC/CDD processes, assisting with due diligence reviews and escalation of high-risk cases
- Conduct real-time monitoring and review of transactions to identify suspicious activity and high-risk customers
- Provide guidance to frontline teams on financial crime and fraud risks, ensuring adherence to AML and fraud prevention policies
- Develop and implement preventative controls, ensuring operational teams adhere to compliance frameworks
- Assist in training and awareness programs for employees on financial crime risks and regulatory expectations
- Perform risk assessments on financial crime and fraud exposure, recommending improvements to frameworks and controls
- Conduct investigations into allegations of fraud
- Support the procurement process and supplier onboarding with financial crime and sanctions screening of third party’s
- Review internal SARs and escalate where appropriate to the Head of Compliance
- Support delivery of the Compliance Monitoring Plan – to review and report on key business processes ensuring that they comply with regulatory guidelines and deliver good customer outcomes
- Monitor key conduct MI for signs of issues and provide advice to the business on any necessary changes to deliver improved customer outcomes
- Complete and submit regulatory reporting, work with the business to ensure data is captured and supplied as required within the specified period
- Support other teams across the business with compliance and regulatory advice and guidance. Ensure that the Compliance team is viewed positively and as such is asked for assistance where appropriate
Salary benchmarks
Our take
Unexpected expenses are inevitable. However, there are limited and unfavourable options when it comes to managing these expenses: overdrafts are confusing, credit cards are risky, and payday loans are expensive. Creditspring aims to solve this problem by creating financial services that can help people manage their unexpected expenses.
Creditspring differentiates itself by not charging interest on its loans: clients only pay a fixed membership fee in addition to what they borrow. What's more, Creditspring sets out to improve the financial stability of its clients by offering budgeting tips, ways to improve their credit score and a personalised score that is updated every month- allowing them to monitor their improvement.
Kirsty
Company Specialist at Welcome to the Jungle
Meet the team
Luke Chapple, Senior Customer Operations
Insights
Company
Employee endorsements
Opportunities to learn
"Creditspring enables you to develop your skills while allowing for personal growth within the company. By being constantly encouraged to think..."
Funding (last 2 of 6 rounds)
Jul 2022
$10.9m
SEED
May 2022
$64.5m
GROWTH EQUITY VC
Total funding: $86.9m
Company benefits
- 🛋 Hybrid & flexible working - we also give you the option to work from anywhere
- 🩺 Bupa health insurance with medical history disregarded and including enhanced cover for cancer and mental health. Free Digital GP service (24/7) included. No cost to you for adding dependents to your policy.
- 🏋️♀️ 1:1 Private health and wellbeing assessments, ongoing health and wellbeing coaching and support through HAWQ with workshops and socials
- 🧑🏫 £1000 annual training budget
- 💰 Equity participation
- 🧘🏽♀️£600 annual Juno flexible wellbeing budget
- ⚕️Bupa health cash plan to help with everyday medical expenses such as dental and optical
- 🏄🏻♀️ 25 days paid holiday increasing by one day per year up to a maximum of 30 days, plus public holidays
- 🍱 New starter team lunches
- 🕺Regular social & team events
- 👶🏼 Workplace Nursery Scheme
- 💻 Company Apple Macbook & WFH accessories
Company values
- Do the Right Thing
- Work Together
- Love What You Do
- Don't Settle
- Take Smart Risks
Company HQ
Soho, London, UK
Articles
Leadership
Neil Kadagathur
(Co-Founder & CEO)Studied Economics at Princeton University. Previously Executive Director at Goldman Sachs for 12 years.
Sabrina Loi
(Chief Product Officer)They were a Deputy Creative Director at Soleja for 12 years. Their experience lies in the design industry as a professor and a consultant.
People progressing
Jenni joined Creditspring in 2021 as a Junior Product Designer, since then they have been promoted to Product Manager and Senior Product Manager.
Jonika joined Creditspring in 2020 as a Marketing Executive, and since then they have worked their way up to become a Senior Communications Manager.
In 2022, Reise joined Creditspring as a Customer Operations executive. In 2025, they moved into the Product team and is now an Associate Product Analyst.
Diversity, Equity & Inclusion at Creditspring
Linda Murphy-Ericsson (People & Culture Partner)
- Our Goal: We’re committed to Creditspring being an inclusive environment where everyone feels welcomed, valued, and listened to; We want you to thrive as your true self.
- What do we do to get there? We capture and monitor metrics that feed into our Diversity DNA, such as our gender split, both company-wide (Currently 47% females, which is higher than our industry average of 28%) We are also proud to share that our leadership team is 40% female, compared to an average of 10% industry-wide. We monitor and benchmark ourselves to ensure we are accountable and set ambitious yet realistic goals. We are trying to drive a change that we would like to see outside of Creditspring.
- We regularly review and refine our hiring process to tailor all communications, job listings, and channels where we reach and meet talent in ways that are inclusive in all shapes and forms. We know females and people from underrepresented groups are often hesitant to apply for jobs they don’t tick all the boxes for, so we are actively encouraging all to apply. We hire based on skill and skill only, but we are also keen advocates of the notion that skills can be taught.
- Learning and Development are of great importance to us, and we have a generous annual budget for everyone working here. We recently launched our L&D catalogue and have many more initiatives to help our team find courses, training, and events that will be useful and further their progress in their career.
- Everyone who joins us is enrolled in a course on Unconscious Bias, just as with compliance training, this is a very important piece in our commitment to creating inclusive spaces for everyone.
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