As a Compliance Analyst working within our Central Compliance Unit, you will be responsible for undertaking and overseeing anti-money laundering (AML)/client due diligence (CDD) checks on new and existing clients, conflict of interest checks, on-going client monitoring, sanctions checks and assisting with other risk management procedures.
You will be the first point of contact for queries from the business and will ensure all actions carried out by CCU are conducted in a timely and efficient manner in accordance with all internal policies and procedures and in compliance with regulatory and legal requirements.
The Team
The Risk & Ethics directorate (R&E) is responsible for all areas of compliance and risk management for Shoosmiths including developing firmwide policies and procedures to ensure compliance with all legal and regulatory compliance requirements, and to promote best practice. The team consists of the core risk management team and the Central Compliance Unit who are responsible for the onboarding of all clients/matters (including conflicts and AML).
Main responsibilities
- Take responsibility to provide an efficient delivery of the firm’s client and matter inceptions process
- Collaborating with the Partners/Legal Advisers/PAs within the Practice Groups to ensure accurate information about clients and matters is obtained
- Manage all inceptions in a timely manner, analysing the relevant issues and resolving the query or escalating as appropriate within the Risk & Ethics Directorate
- Reviewing new client and matter information ensuring satisfactory details are provided by the Legal Advisors/PAs and asking for further information as necessary, including from clients
- Reviewing the CDD and undertaking research or obtaining further information
- Analysing the CDD results and escalating AML issues as required
- Conducting conflict of interest checks using the firm's databases
- Analysing conflict of interest search results and resolving such issues with the business and escalating conflict issues as required
- Following up with LAs/PAs or other employees swiftly when seeking information or conflict resolution from other stake holders around the firm
- Recording information, as required, for compliance and auditing purposes
Skills and Qualifications
- Demonstrable knowledge/understanding of a regulatory/control environment
- Track record of working within a regulatory/control environment
- AML expertise, particularly the Money Laundering Regulations and CDD requirements would be advantageous
- Previous experience and knowledge of conflict of interest checks in any regulatory environment would be advantageous
- Exceptional interpersonal & communication skills both verbally and written
- Strong client relationship skills
- Organised/structured & collaborative approach
- Ability to work in a fast-paced and demanding environment
- Focused on quality of output as well as speed of delivery
- Excellent attention to detail
The firm
Shoosmiths is the law firm clients choose for excellent service, incisive thinking and above all for our ability to focus on what matters. From offices across the UK and Brussels, we support some of the world’s most exciting and ambitious businesses; amazing clients making an impact. We empower our people to be their authentic selves and deliver together in supportive teams committed to excellence and innovation. The first top 50 law firm to achieve ‘Platinum Standard’ Investors in People, our values and culture are not just words on our website but are the heartbeat of the firm.
We have an outstanding benefits package to complement our competitive remuneration system. In addition to the competitive salaries, great working environment and high-quality work, we believe that all staff should be rewarded for their commitment to the continued success of the firm through a comprehensive and flexible range of benefits.
Shoosmiths is proud to be a Disability Confident Employer. Disability Confident is a government scheme designed to encourage employers to recruit and retain disabled people and those with long term conditions. The Disability Confident scheme replaced the Two Ticks Positive about Disabled People scheme. We had been accredited as a two tick employer for many years - Disability Confident broadens and develops that original commitment, and demonstrates we have adopted a proactive approach to employing disabled people and developing their abilities.
As part of our accreditation, we commit to interviewing any applicants with a disability who meet the essential criteria for each vacancy. In some circumstances we may only be able to interview those that best meet the essential criteria due to the volume of applications received.
Further information on the Disability Confident scheme is available at https://www.gov.uk/government/collections/disability-confident-campaign
We are committed to ensuring our recruitment process is inclusive and accessible to and usable by everyone. If you have a disability or long-term condition and would like to receive information in a different way, or need us to make any adjustments, changes or do anything differently during the recruitment process, please get in touch with the Talent Acquisition team on [email protected]. We can consider your needs and requirements, and how we can assist you to apply for our roles. For example we can provide a copy of our application via email so that you can complete it using your own accessibility software.
Our approach to our people is underpinned by our approach to diversity, inclusion and well-being. Our ambition is to build a diverse and ambitious workforce that reflects all backgrounds and talents, and a workplace that is supportive and inclusive, recognises and nurtures talent, and has a strong sense of community between colleagues.
This means that everyone who either applies to or works for the firm is treated equally, whatever their gender, age, ethnic origin, nationality, marital status, disability, sexual orientation or religious beliefs.
If you’d like to learn more about this opportunity or have any questions, please don’t hesitate to contact Nina Marshall at [email protected]
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