Job Description
A leading global law firm is looking for a Business Acceptance Analyst to join their Risk and Compliance team.
This role offers the flexibility to work remotely or from the firms London office and will have a particular focus on conflicts of interest and anti-money laundering (AML) regulations.
Key Responsibilities for the Business Acceptance Analyst:
1. Conduct thorough conflict of interest checks for new clients and matters.
2. Analyse conflict search results and escalate potential issues to senior management.
3. Provide guidance and advice to partners and fee earners on conflict issues.
4. Perform client due diligence (CDD) and enhanced due diligence (EDD) in accordance with AML regulations.
5. Monitor and review client transactions for potential money laundering risks.
6. Ensure compliance with the Solicitors Regulation Authority (SRA) rules, particularly concerning conflicts of interest and AML.
7. Stay informed about changes in relevant laws and regulations and advise the firm accordingly.
8. Assist in developing and implementing compliance training programs for staff.
9. Identify and assess potential risks related to conflicts of interest and AML and develop strategies to mitigate identified risks.
10. Collaborate with other departments to ensure a cohesive approach to risk management.