Senior Risk and Compliance Analyst
Location: Central London
Salary: to £58,000 depending on experience
Hybrid: 3 office / 2 home
Tier 1 law firm are looking for a senior risk and compliance analyst to join their team and work closely with the Risk and Compliance Manager to help ensure that the firm complies with relevant regulations and statutory requirements, particularly in relation to new client and matter take-on procedures.
This is a varied and generalist role across all areas of risk and compliance including AML checks, and client and matter management. In addition to the compliance duties, you will also be acting as mentor to more junior members of the team.
A selection of duties will include:
- Developing and maintaining AML policies and procedures and reviewing AML documentation
- Advising fee earners on the firm’s AML requirements
- Running and reviewing conflict checks
- Running sanctions checks and responding to sanction list alerts
- Advising staff on the firm’s compliance policies and best practice; implement and maintain compliance policies and procedures
- Regularly review and update internal policies and procedures
- Provide training related matters
- Liaise with the SRA and other regulatory bodies as applicable
- Investigate potential compliance violations
- Conduct ongoing monitoring of clients and enhanced client due diligence checks for higher-risk clients
It is essential that you have a solid background and experience in legal compliance and AML from another London law firm as well as having in-depth knowledge of SRA regulations and legal sector money launderings risks. You must also have excellent communication skills as you will be liaising and partnering with fee earners to advise on risk management.
This is an excellent opportunity for a compliance analyst who is looking to take on more responsibility in a top, tier 1 law firm.
McKinlay Law endeavour to contact all successful candidates within 24 hours. However, due to the volume of applications that we receive, we are not able to respond to every candidate individually. If you have not heard from us within 24 hours your application has been unsuccessful and we have not retained your details.