Compliance Analyst

Job content

The Company:

Our client is an award-winning, full service, commercial law firm and they are rapidly developing a national reputation for its innovative approach to delivering legal services. They operate in the financial services, leisure, retail & consumer goods, technology & media, renewables, housing and public sectors. Their specialisms are real estate, banking and finance, commercial, corporate, employment, dispute resolution and litigation.

The Job:

On behalf of our client we are seeking a Compliance Analyst

Responsibilities within this role will include:

• Manage and implement an assessment of all high and medium risk clients, requiring CRP’s to review information regarding clients with whom they have a business relationship, including recompleting the AML client risk assessment, and updating CDD accordingly. Address any non-compliance in line with internal policies.
• Work with Client Relationship Partners (CRP) to ensure AML reviews undertaken of existing clients are consistent .
• Contact clients directly in order to explain the requirements of the Money Laundering Regulations and to seek information and documentation to comply.
• Monitor and analyse matter risk assessments being completed at the start of each matter and prior to completion monies being sent. .
• Follow business acceptance procedures for all clients and work
• To liaise with fee earners and others within the firm to make informed decisions
• To review and analyse CDD documents to ensure compliance with anti-money laundering regulations, identifying what is missing
• To review company information databases, research organisations, and conduct electronic verification searches on clients and third parties using bespoke software.
• Advise fee earners on complex CDD requirements including identifying layered beneficial ownership.
• Be able to conduct source of funds and source of wealth reviews and make decisions on whether the risk has been mitigated.

The Person:

For this role our client is looking for someone who has the following skills and experience:

• The role would suit someone with previous experience of working in compliance for a law firm in the areas of conflict checking and CDD/KYC.
• A minimum of one year’s experience of conflict checking is required for the compliance analyst role.
• Good research and analytical skills.
• Excellent communication and organisational skills
• Ability to work well under pressure and to deadlines in a fast-paced environment.
• Accurate data inputting, attention to detail and accuracy and good IT skills
• Legal qualification desired but not essential.

The Benefits:

Contributory Pension, Group Life, Private Medical Insurance, 25 days holiday & a flexible benefits scheme.

The Hours:

Monday – Friday 9am – 5pm

The Location:

Central Bristol, no car parking – 100% office based

The Salary:

Up to £26,000 depending on experience.

Job Types: Full-time, Permanent

Salary: £23,000.00-£26,000.00 per year

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Bristol City Centre, Bristol: reliably commute or plan to relocate before starting work (required)

Work Location: In person