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Business Integrity Associate - Compliance

Information About This Job

Job Title: Business Integrity Associate - Compliance
Contract Type: Permanent
Location: London
Contact Name: Ben Kinley
Contact Email:
Job Published: over 2 years ago

Job Description

About The Company

The company one of the UK’s Development Finance Institution (DFI) tasked with the inspiring mission to invest in businesses in Africa and South Asia to create jobs and make a lasting difference to people’s lives in some of the world’s poorest places. 

The company is one of the world’s oldest DFI and has a proud heritage supporting the building of successful businesses across emerging and frontier markets.  

The company is currently going through an exciting transformation, which has seen it extend the range of its activities to include direct equity investing and direct lending alongside its fund selection business.  Between 2004 and 2011 the company operated as a funds investor only.

Wholly owned by the UK Government’s Department for International Development (DFID), the company plays a key role in DFID’s strategy to reduce poverty in the developing world by supporting economic growth and creating jobs.

In recognition of the company's high quality and developmental approach to investing, DFID recently announced a significant new capital injection of £735 million. Prior to this, since 1948 the UK Government had invested a net £144 million, which had been turned into net assets of £3.4 billion.  The new investment will allow the company to invest on a greater scale in job-creating sectors such as agribusiness, infrastructure, financial institutions and construction.  

The ccompany takes a wholly commercial approach to its investing and lending activities, but, as a DFI, each investment is motivated by the development impact it will achieve.  As it invests from its own balance sheet, the company has considerable flexibility in how it structures investments and in the risk-return profiles it can consider.   It is also able to take a longer view – up to and beyond ten years if necessary.  The company is currently invested in over 1,300 companies in 74 countries.  

The company invests in a number of ways: 

  • placing capital with expert fund managers (GPs) who then use their local knowledge and expertise to find promising businesses in which to invest;
  • making direct investments or co-investing in specific businesses, alongside local GPs or like-minded investors; and making loans, guarantees and offering micro-finance support


About The Role

The Business Integrity and Compliance team play an important role in reinforcing the company's reputation as a responsible investor; ensuring the company meets its regulatory commitments with respect to the FCA and on financial crime; and working to enhance private sector standards in financial crime management in our target geographies.

The Business Integrity Associate would be focused on supporting the design, implementation and adherence to the compliance aspects of the company's operations.  In addition, the associate may be required to provide research input and analysis in support of integrity due diligence ahead of investments. In parallel, the Associate promotes the importance of business integrity both within and outside of the company.  


Key Responsibilities

  • Handle FCA compliance matters arising from the company's operations including compiling any relevant returns and reports 
  • Provide input and support to the development and implementation of the FCA related compliance framework for the company's operations
  • Keep abreast of UK compliance requirements relevant to the company's operations as well as understanding the compliance obligations in the other countries in which the company operates, and develop the Business Integrity team’s knowledge of compliance requirements 
  • Assist with training and awareness sessions on compliance issues within the company
  • As required, undertake public record research on individual investment proposals as part of integrity due diligence as well as providing support to the Business Integrity team’s monitoring commitments to portfolio companies which may include helping prepare materials, collecting data and organising monitoring schedules.  
  • Contribute to the maintenance of positive relationships company's fund, debt and equity teams, as well as other operational teams
  • Contribute to briefing notes and documents published as part of the team’s external communications programme


Skills & Experience


  • Detailed knowledge of FCA compliance requirements for UK regulated financial institution, preferably in private equity or investment banking
  • 3 + years experience in managing compliance issues in UK regulated financial institution, preferably in private equity or investment banking 
  • Demonstrated interest in emerging markets company target geographies in  Africa and South Asia 
  • Interest in developing knowledge and experience in one or more of the team’s focus areas: anti-corruption, anti-money laundering and counter terrorist financing (AML/CFT)
  • University degree and preferably a postgraduate qualification in a relevant discipline


  • a financial crime compliance function, preferably in private equity or investment banking
  • research and investigations around financial crime issues
  • managing AML/CFT, sanctions, or anti-corruption issues within the UK financial sector  


Personal Skills

The successful candidate will be expected to demonstrate the following:

  • Systematic approach to work with an attention to detail
  • Ability to plan and proactively address issues
  • Demonstrated ability to independently manage and prioritise a busy and diverse workload with a range of deliverables for a variety of stakeholders.
  • Communication skills, including ability to contribute to written papers and deliver oral presentations 
  • Highly motivated and results driven 
  • Strong research  and analytical skills
  • Enjoy working as part of a team, collaborating and be willing to support the team on a variety of different initiatives and tasks


Technical Skills

  • Detailed knowledge of FCA compliance requirements for UK regulated financial institution, preferably in private equity or investment banking
  • Knowledge of a range of compliance methodologies, tools and techniques
  • Existing thematic knowledge of integrity issues in the company's target geographies would be an advantage
  • Competency in one or more languages relevant to company target geographies would also be an advantage


Company Identities 

The company is looking for candidates that share their culture and reflect the company identity, the company identities are described as follows:

  • Compassion is central to everything
  • Owe clients clients and prospective clients a fast and thoughtful process
  • Accept the tough challenges inherent in the company mission
  • Quick and non-defensive when things go wrong
  • Oppose bureaucracy 
  • Never forget that the company is investing and spending taxpayers’ money
  • Promote a fulfilling work environment

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