Compliance Analyst

SUMMARY:
Our Client is looking for a Compliance Officer, reporting to the Head of Risk and Compliance.

Responsible for the client on-boarding checks, in particular establishing identity requirements for client entities, sending Legal engage requests, supporting clients with completion of the engage request; undertaking client identity reviews; sanction screening, PEP screening and adverse media screening; conflict of interest checks, preparing AML reports for fee earners and managing the client data held on the firm's systems.

Hours

8:00 – 17:00 UK time Monday to Friday with additional hours when required. [not set in stone – can be changed to earlier or later times]

POSITION INFO:
Key responsibilities

- Undertaking conflicts checks with a high degree of accuracy and escalating issues as necessary to the Head of Risk & Compliance
- Assessing the identity requirements for clients
- Liaising with internal and external clients on client due diligence issues
- Legal on-boarding application:
- Sending engage requests to clients, directors and beneficial owners
- Supporting the clients with issues in providing identity documents
- Running company searches, sanction screening, PEPs and adverse media searches
- Dealing with escalation of false positive results from sanction, adverse media and PEP searches
- Preparation of client due diligence reports for fee earners
- Liaising with the Head of Risk and Compliance for the completion of third-party vendor questionnaires
- Assisting members of the Risk & Compliance team with research projects and day-to-day compliance with AML regulatory matters as they arise

Skills, experience and attributes

Experience:
− Will have worked in a professional services environment or financial services
− Must have dealt with end to end on-boarding of different types of entities (individuals, corporate, trustees and regulated entities)
− Knowledge and understanding of the UK Money Laundering Regulations
− Knowledge and understanding of conflicts of interest
− Previous knowledge of AML systems desirable
− Previous knowledge of unravelling corporate structures
− Ability to analyse, research and make informed decisions
− A process driven approach with the ability to escalate issues to the Head of Risk & Compliance where necessary

Skills:
− Excellent attention to detail and accuracy
− Good time management skills to prioritise workloads, and the ability to manage multiple tasks simultaneously
− Excellent verbal and written skills
− Strong organisational skills and ability to prioritise
− Enthusiastic, positive and committed team member
− Sound working knowledge of Microsoft Office