Compliance Officer

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

Responsible for the client on-boarding process, in particular undertaking anti-money laundering (AML) compliance checks, sanction screening, conflict of interest checks, advising fee earners of required documents for clients 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 risk profile of new and existing clients
- Liaising with internal and external clients on client due diligence issues
- Legal on-boarding application:
- Running company searches, sanction screening and adverse media searches
- Reviewing on-going monitoring alerts and clearing false positives
- Dealing with escalation of false positive results from sanction, adverse media and PEP searches
- Documenting the client life cycle and regulatory compliance.
- Undertaking quality assurance of reports prepared by analysts.
- Providing conflicts and client due diligence reports to fee earners and escalating issues to the Head of Risk & Compliance as necessary
- 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
− Knowledge and understanding of the UK Money Laundering Regulations
− Knowledge of the Solicitors’ Accounts Rules a benefit
− 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, written and face-to-face communication skills
− Strong organisational skills and ability to prioritise
− Enthusiastic, positive and committed team member
− Sound working knowledge of Microsoft Office