Senior Compliance Analyst
HOURS/HYBRID:
Full-time, 9:30 am - 5:30 pm, Monday to Friday with one hour for lunch. A flexible approach to working hours is a must, overtime may be required at busy times.
Hybrid: 2 days at home, 3 days in the office.
The Client
A leading London law firm whose lawyers combine the in-depth legal knowledge and breadth of expertise and experience required to give unparalleled advice to their clients. Representing individuals and organisations across a wide variety of sectors, providing quality advice which is commercially focused and personally delivered. Specialist lawyers in leisure, media and entertainment work closely alongside the firm's corporate finance, employment, real estate and dispute resolution groups to provide a truly bespoke service to its clients.
DUTIES AND RESPONSIBILITIES:
Client Due Diligence (CDD):
* Carry out CDD checks for new and existing clients, including individuals, corporates, trusts, and overseas entities.
* Conduct enhanced due diligence (EDD) on high-risk clients or matters, including PEPs, HRTCs and complex ownership structures.
* Assess the source of wealth and the source of funds where required.
* Assist with ongoing monitoring and trigger event reviews.
* Maintain and update internal risk registers and logs.
Internal Guidance & Support:
* Provide day-to-day AML advice and support to legal and business support teams.
* Act as a point of escalation for PAs and Fee Earners
* Assist in the preparation of internal reports for the MLRO and the Board
* Help maintain accurate records to demonstrate compliance with AML obligations.
* Conduct AML file reviews
Policy & Process Improvement:
* Support the development and refinement of internal AML policies, procedures, and checklists.
* Keep up to date with changes in regulation (e.g. MLRs, LSAG Guidance, SRA expectations, Sanctions) and support the team in embedding changes.
Suspicious Activity Reports (SARs):
* Assist with internal escalation procedures and drafting of SARs where required.
* Support the MLRO in liaising with the NCA, including DAML requests where appropriate.
The above is not an exhaustive list of duties, and you will be expected to perform different tasks as necessitated by your changing role within the Firm and the overall business needs.
SKILLS, EXPERIENCE & QUALIFICATIONS
Ideally, you will have a good experience working in a law firm, within or alongside a Risk and Compliance team, which is required for this role.
* Previous experience collating and analysing CDD materials in line with regulatory and firm procedures is essential; this could include opening client files, obtaining personal client identification data, and conducting AML and KYC checks.
* Professional privacy and confidentiality are crucial within the legal sector, and the ideal candidate will be able to demonstrate an understanding of this.
* Must have a working knowledge and demonstrable understanding of the Money Laundering Regulations.
* The ideal candidate will possess a keen interest in KYC measures and a desire to learn and expand their knowledge and expertise in compliance to progress in the field.
* Working knowledge of 'Legl' platform/system is preferred, but not essential.
* Proactive, able to work without supervision, and have strong organisational skills with the ability to handle conflicting demands.
* Excellent interpersonal skills with a friendly and professional demeanour and a flexible 'can-do' approach, with the skill to motivate and engage colleagues to comply with compliance guidance and regulations.
* Strong attention to detail, and willing to take ownership of tasks.
* A methodical approach to work with a strong focus on accuracy
* Excellent written and verbal communication skills, with experience liaising with senior internal stakeholders
Salary on offer is £45-50,000, depending on experience, plus lucrative well-balanced company benefits.