Senior Compliance Advisor

Client Details

A senior compliance advisor role in a leading, global, law firm. Supervisory responsibilities, work includes: advisory, AML, CDD, conflicts and sanctions.

Description

This Senior Compliance Advisor role is based in London and requires:

Conflicts

• Act as contact point for conflict queries from the team and the business
• Conduct conflict checking and analysis on the firm's clients and matters.
• Co-ordinate with partners to identify/prevent/resolve potential legal and/or commercial conflicts.
• Relay conflict information in a straightforward and jargon-free manner to the firm
• Management, establishment and maintenance of information barriers

Client and Matter Opening

• Conduct initial and on-going client due diligence ("CDD") in line with the money laundering regulations and the firm's policies. Liaise with the business and direct with clients to obtain CDD materials
• Act as an AML/CDD/Conflicts/Sanctions subject matter referral point for both the CT and the wider business
• Conduct client and matter risk assessments in line with the Money Laundering Regulations 2007 and any applicable sanctions
• Prepare PEP/High risk client reports for the Risk & Compliance Management to review
• Obtain and analyse compliance and CDD information using public databases and third party information providers, including but not limited to Bureau Van Dijk Orbis, company registries, Accuity
• Understand and identify wider risk and reputational and conflict issues at client and matter take on stage
• Deal with queries on the client matter inception ("CMI") system, IntApp Open providing support to both CT and the business

Leadership & Supervision

• Assist the Compliance Manager with ongoing, continuous training of CT
• Represent CT in meetings with internal clients (e. with partners, other business support teams)
• Represent CT in meetings with internal clients (e. with partners, other business support teams)
• Provide team leadership and 'day-to-day' supervision and guidance for CT
• Assist in the 'day-to-day' running of CT
• Manage and monitor workloads and delegate tasks suitably within CT
• Role model for the team

General

• Manage the implementation of further processes on the CMI system as well as ongoing enhancements and testing of upgrades
• Conduct training sessions on the CMI system, firm policy and procedure
• Drive the on-going development, implementation and refinement of business enabling, risk-based compliance policy and procedures
• Be responsible for and participate in a wide range of ad hoc projects including management of technology and process development and implementation
• Assist in the monitoring of client and matter set up procedures to ensure they are followed correctly
• Act as point of contact for external data providers.
• Analyse data provider services to ensure the department is cost effective and efficient

Any other related tasks within the Risk and Compliance Department

Profile

• Practical experience of implementing and managing the CDD requirements of the Money Laundering Regulations 2007 in an international environment across a range of corporate structures and jurisdictions

• Extensive experience of working within the risk and compliance field, preferably within a legal environment

• In depth knowledge of the Law Society of England & Wales AML Practice Note

• Practical experience of conflict checking, relating to end-to-end legal, commercial and contractual conflict clearance, with particular reference to Rules 3 and 4th Solicitors Regulatory Authority Code of Conduct

• Legal degree not essential, although preferable

• Supervisory experience not essential, although preferable

• Excellent communication skills; assertive, polite and persuasive in approach

• Be comfortable and confident engaging with and explaining complex concepts to all levels of personnel, including senior internal clients

• A proactive individual who uses their own initiative and works well under pressure while acting as an integral part of a diverse and multi-skilled Compliance Team

• Ability to lead, motivate and develop team members

• Analytically minded

• Flexible approach to working

• Good working knowledge of Elite, Excel, Word and Outlook.

Job Offer

Please enquire