Salary:
£38,000.
A Law firm in London is looking for a Client Onboarding Analyst to join their risk and compliance team. The role will provide a centralised client and matter inception service to clients engaging the firm.
Responsibilities will include: Client Inception
Reviewing and processing client and matter inception documentation.
Assessing whether a client, own interest, or confidentiality conflict exists in a new or existing matter.
Conducting electronic searches and assessing the client due diligence (CDD) / enhanced due diligence (EDD) requirements for individual clients.
Drafting appropriate client due diligence requests for the fee earners.
Conducting searches, analysis, and risk assessment related to AML.
Ensuring all AML queries are managed in a timely manner.
When required, escalating complex AML issues to the Risk & Compliance Manager.
Anti-money laundering
Developing and maintaining a good understanding of anti-money laundering and financial crime legislation, and a comprehensive understanding of client due diligence requirements.
Maintaining a comprehensive understanding of how to explain and identify who an ultimate beneficial owner is for each of the firm’s client types.
Providing guidance to staff across the firm in respect of anti-money laundering and financial crime, and escalating more complex issues and queries to more senior members of the Risk team.
Maintaining a good knowledge of potential red flags regarding the client and work types across the firm and the jurisdictions within which the firm’s clients are based.
Carrying out client due diligence on a full range of clients, including analysing documents provided by clients and advising whether further information or enhanced due diligence is required.
Using a number of different databases to obtain due diligence material and developing a schedule of reliable sources for CDD materials.
Carrying out online searches of the firm’s supplier databases to identify whether a client is a politically exposed person (PEP), special interest person (SIP), or whether they are subject to sanctions or adverse media that could be of concern to the firm.
Conflicts of Interest
Carrying out conflicts searches for all new and existing clients and matters across the firm.
When required, escalating complex conflict issues to the Risk & Compliance Manager for resolution.
Ensuring that all conflicts are managed in a timely and efficient manner.
Ensuring appropriate information barriers are created, amended, and maintained, whilst flagging any issues arising out of the information barrier process to more senior members of the team.
Skills and Experience
Some experience of handling and completing conflict searches and ideally AML enquiries too, in a legal environment.
A genuine desire to develop a career in risk and compliance.
Ability to identify the client due diligence requirements of corporate and individual clients.
A good understanding of the SRA Standards and Regulations, in particular Rule 6 (Conflict of Interest and Confidentiality).
A sound, robust knowledge in researching, analysing, and providing tailored solutions to conflicts of interest.
Experience of and comfort working with case management and other systems.
We're also looking for someone with a client-centric approach who is a team player.
This is a full-time, permanent position with hybrid working of 2 days in the office, 3 from home.
The firm and team are very supportive and encourage and enable people to develop in their careers with the firm.
If you would like further information or a discussion, please contact Rowena Bubb of Lewis Row Recruitment on 07743 590192 or rowena@lewisrow.com.
#J-18808-Ljbffr
£38,000.
A Law firm in London is looking for a Client Onboarding Analyst to join their risk and compliance team. The role will provide a centralised client and matter inception service to clients engaging the firm.
Responsibilities will include: Client Inception
Reviewing and processing client and matter inception documentation.
Assessing whether a client, own interest, or confidentiality conflict exists in a new or existing matter.
Conducting electronic searches and assessing the client due diligence (CDD) / enhanced due diligence (EDD) requirements for individual clients.
Drafting appropriate client due diligence requests for the fee earners.
Conducting searches, analysis, and risk assessment related to AML.
Ensuring all AML queries are managed in a timely manner.
When required, escalating complex AML issues to the Risk & Compliance Manager.
Anti-money laundering
Developing and maintaining a good understanding of anti-money laundering and financial crime legislation, and a comprehensive understanding of client due diligence requirements.
Maintaining a comprehensive understanding of how to explain and identify who an ultimate beneficial owner is for each of the firm’s client types.
Providing guidance to staff across the firm in respect of anti-money laundering and financial crime, and escalating more complex issues and queries to more senior members of the Risk team.
Maintaining a good knowledge of potential red flags regarding the client and work types across the firm and the jurisdictions within which the firm’s clients are based.
Carrying out client due diligence on a full range of clients, including analysing documents provided by clients and advising whether further information or enhanced due diligence is required.
Using a number of different databases to obtain due diligence material and developing a schedule of reliable sources for CDD materials.
Carrying out online searches of the firm’s supplier databases to identify whether a client is a politically exposed person (PEP), special interest person (SIP), or whether they are subject to sanctions or adverse media that could be of concern to the firm.
Conflicts of Interest
Carrying out conflicts searches for all new and existing clients and matters across the firm.
When required, escalating complex conflict issues to the Risk & Compliance Manager for resolution.
Ensuring that all conflicts are managed in a timely and efficient manner.
Ensuring appropriate information barriers are created, amended, and maintained, whilst flagging any issues arising out of the information barrier process to more senior members of the team.
Skills and Experience
Some experience of handling and completing conflict searches and ideally AML enquiries too, in a legal environment.
A genuine desire to develop a career in risk and compliance.
Ability to identify the client due diligence requirements of corporate and individual clients.
A good understanding of the SRA Standards and Regulations, in particular Rule 6 (Conflict of Interest and Confidentiality).
A sound, robust knowledge in researching, analysing, and providing tailored solutions to conflicts of interest.
Experience of and comfort working with case management and other systems.
We're also looking for someone with a client-centric approach who is a team player.
This is a full-time, permanent position with hybrid working of 2 days in the office, 3 from home.
The firm and team are very supportive and encourage and enable people to develop in their careers with the firm.
If you would like further information or a discussion, please contact Rowena Bubb of Lewis Row Recruitment on 07743 590192 or rowena@lewisrow.com.
#J-18808-Ljbffr
