Compliance Associate

Posted: 2 weeks ago

Package: Competitive

Contract Type: Full Time

Location: Edinburgh, Scotland

This job was posted by Zumo. A member of the FinTech Alliance Community.

Zumo: Smart Money For Everyone

Compliance Associate

Salary: £30,000 - £35,000

Zumo is searching for a Compliance Associate to be part of the firm’s Compliance function, which is in place to meet its anti-money laundering (AML) and wider Compliance obligations. You will be involved with performing operational AML tasks and working closely with other functions as part of improvements and changes to processes.

We are open to applications from candidates who are currently located in the UK or the EU.

Your typical day will include:

  • Reviewing and investigating alerts: onboarding reviews, screening, transaction monitoring (including monitoring of cryptocurrency activity).
  • Requesting and reviewing documentation from customers as part of onboarding and ongoing monitoring (retail and corporate).
  • Reporting suspicious activity internally and externally.
  • Liaising with suppliers and partners to resolve enquiries the firm receives.
  • Suggesting and leading improvements to processes.
  • Involvement in wider compliance-related projects: regulatory applications, establishing and implementing processes for new products

What we’re looking for:

  • At least two years’ experience in a similar position.
  • A good understanding of the UK’s payments services and AML regimes and operational experience of their application to retail and corporate customers.
  • An appreciation of wider regulatory areas that are relevant to the firm. This includes the frameworks applicable to cryptoasset, electronic money and card products.
  • The ability to suggest and lead on improvements to processes.
  • A flexible approach and willingness to learn. Our product ecosystem is broadening which will produce new challenges and workstreams. Involvement in wider, non-AML compliance matters may be necessary.
  • An understanding of cryptocurrencies is a plus.


About Zumo

Zumo is the wallet and payments platform that makes your money and cryptocurrency work seamlessly and safely together. Zumo allows you to buy, send and store crypto simply and securely. We are not a bank - we are smart money for everyone.

Zumo’s values are at the heart of what we do and we live our values every day.



1. Zumo is accessible to ordinary people everywhere

2. We believe that the benefits of crypto & blockchain are for everyone

3. Our decision making is founded on the balance between people, profit and planet.



1. Everything we build has usability and security at its core

2. We seek to make the complex seem simple

3. We don’t use jargon.



1. We bring our A game to work every day

2. We believe great productivity comes from a tranquil environment

3. We give feedback in a respectful way.



1. We do not take the easy path unless it is the right one

2. We are constantly exploring to find the best way

3. We accept failure as part of the road to success.


If you want to work with one of the UK’s most exciting and innovative start-ups then we want to hear from you. Please email your CV to

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