08 Oct
McKinlay Law
London
Job Titles:
Senior Risk and Compliance Analyst & Risk and Compliance Analyst
Location: Central London
Salary:
Senior role: to £58,000 depending on experience
Junior role: to £43,000 depending on experience
Hybrid: 3 office / 2 home
Our client, a leading, tier 1 law firm are looking for two new members to join their risk and compliance team: a senior risk and compliance analyst and a risk and compliance analyst. Both are generalist roles and will be assisting with AML checks, risk and compliance, and conflict checks.
Senior Risk and Compliance Analyst:
• 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.
Junior Risk and Compliance Analyst:
• Conducting ongoing monitoring of clients and enhanced client due diligence checks for higher-risk clients
• Conducting research in relation to AML checks and use online systems to verify clients' identities and run background checks
• Monitoring the Compliance team inbox and respond to queries
• Monitoring engagement letter compliance and respond to daily reports
• Advising fee earners on the firm’s AML requirements
• Running and reviewing conflict checks
• Running sanctions checks and responding to sanction list alerts
• Completing client and matter records maintenance e.g. updating outdated records and advising on firm policy in relation to this
• Advising staff on the firm’s compliance policies and best practice
• Regularly review and update internal policies and procedures
• Maintaining compliance registers
• Conducting new joiner and other ad hoc training for staff on the firm's compliance policies and procedures
Our client does not necessarily need a legal risk and compliance background but you must have had some exposure to risk and compliance work (this can be from another law firm, or corporate/professional services environment) and a genuine interest in progressing your career within legal risk and compliance.
You must be quick learner with excellent attention to detail and confident communication skills.
Fantastic opportunity for someone with some exposure to risk and compliance work who is looking to progress in a top 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.
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▶️ Senior Risk and Compliance Analyst & Risk and Compliance Analyst
🖊️ McKinlay Law
📍 London