Risk & Compliance Paralegal (AML Focused)

UNCOVER; United Kingdom; On-site; GBP 30,000 - 40,000; Full time

Job summary

A well-established UK law firm is seeking a Risk & Compliance Paralegal with AML focus to join their Compliance team in Bristol. The ideal candidate will have compliance experience within a law firm, understanding UK AML regulations, and familiarity with conflict checking systems. This role offers opportunities for career advancement in a supportive environment.

Qualifications

• Experience in compliance within the law firm environment.
• Knowledge of AML regulations and SRA's Codes of Conduct.
• Understanding of conflict checking systems.

Responsibilities

• Conduct AML due diligence on new and existing clients.
• Liaise with stakeholders to verify client information.
• Support monitoring of ongoing client risk and data management.
• Perform conflict searches and assess potential conflicts.
• Escalate higher-risk matters in accordance with policies.
• Improve AML processes and ensure compliance.
• Stay updated on AML legislation and SRA guidance.

Skills

Compliance experience within a law firm

Solid understanding of UK AML regulations

Familiarity with conflict checking systems

Tools

Intapp

Job description

Overview

A well-established UK law firm is looking for a Risk & Compliance Paralegal (AML Focused) to join their Compliance team based in their Bristol office.

The ideal candidate for the role should have compliance experience within a law firm environment.

Responsibilities

• Conduct AML due diligence on new and existing clients.
• Liaise with fee earners and stakeholders to gather and verify information as part of the client acceptance process.
• Support the wider compliance team with the monitoring of ongoing client risk and ensure relevant data is kept up to date.
• Undertake conflict searches and help assess potential legal and commercial conflicts of interest.
• Escalate higher-risk matters to the MLRO or Deputy MLRO in line with firm policies.
• Contribute to continuous improvement of AML processes and ensure compliance with the firm’s risk framework.
• Keep up to date with changes in AML legislation, SRA guidance, and regulatory expectations.

Qualifications & Skills

• Compliance experience within a law firm.
• Solid understanding of UK AML regulations and the SRA’s Codes of Conduct.
• Familiarity with conflict checking systems and tools such as Intapp is desirable.

If you’re a compliance professional looking to take the next step in your career with a law firm that values your expertise and input, we’d love to hear from you.