Senior Compliance Officer - Law Firm - Remote

SimX Ltd; Greater London; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Senior Compliance Officer to join their dynamic team in a remote capacity. This role is pivotal in ensuring compliance with anti-money laundering regulations and involves advising and training staff across various functions. You will handle complex compliance matters, conduct risk assessments, and support the Director of Risk & Compliance with various projects. This position offers the opportunity to contribute to a critical function within a respected international law firm, fostering a culture of compliance and excellence. If you are organized, proactive, and passionate about compliance, this is the perfect role for you.

Qualifications

• Knowledge of the UK legal AML framework is essential.
• Strong organizational skills are crucial for managing compliance tasks.

Responsibilities

• Advise on anti-money laundering and risk assessment issues.
• Train new joiners and provide mentoring to junior staff.
• Handle compliance projects and maintain necessary registers.

Skills

Anti-Money Laundering (AML)

Organizational Skills

Risk Assessment

Report Writing

Job description

Senior Compliance Officer - Law Firm - Remote
QHSE Taskforce

My client, a Top Tier International firm, is recruiting for a Senior Compliance Officer to join their International Law firm in Finsbury, London with a large amount of remote working. This role involves working in a small team advising and training both fee earners and Business Functions employees at all levels on anti-money laundering and risk assessment issues, opening matter files and ensuring that the necessary compliance checks are completed. This is a critical function, and involves some analysis and report writing, research into companies, as well as chasing paperwork and advising and liaising with lawyers and other employees worldwide.

Key activities/responsibilities

The Senior Compliance Officer will be involved in various compliance projects and will be expected to work on their own initiative, help improve and build upon the current system and communicate effectively with people at all levels of the organisation. They will also be working closely with the teams responsible for credit control, billing and cashiering and will have the opportunity, subject to time constraints, to become familiar with these processes.

Day-to-day activities:

1. Dealing with the new client and matter ‘Inbox’ and being responsible for the more complex matters including liaising with fee earners on the requirements for escrow agreements.
2. Reviewing AML compliance and liaising with fee earners to ensure that outstanding information is requested.
3. Undertaking conflict check analysis, identifying legal and commercial conflicts.
4. Undertaking PEP, Sanctions and background checks as required.
5. Maintaining registers including process agency matters, gifts and hospitality, data protection, PEPs and enhanced risk matters.
6. Dealing with ad hoc queries, including requests for reopening files and background/company checks.
7. Training new joiners as appropriate (secretaries, trainees and Business Functions employees).
8. Providing mentoring and training support for the Junior Compliance Officer.
9. Supporting the Director of Risk & Compliance with ad hoc projects, updating policies and procedures, and tasks associated with the introduction of new regulations/legislations.

Compliance Projects

Compliance projects are shared amongst the team and every Compliance Officer/Senior Compliance officer will deal with one or more of the following on a rotation (this is not an exhaustive list and is likely to change):

1. Professional indemnity insurance renewal.
2. General insurance renewals.
3. Practising Certificate renewals.
4. Intranet/IT projects.
5. Tasks involved with new office opening.

Skills and experience – essential

1. A working knowledge of the current European and UK legal AML framework.
2. Strong organisational skills.

Should you have any questions or wish to apply please do not hesitate to contact Clear Legal and Financial Recruitment.

Please Note: Due to the number of applications we receive we may be unable to respond to every application directly. If you have not heard from us within 3 working days, please assume your application has been unsuccessful.