At a Glance
- Tasks: Manage compliance and risk procedures, ensuring adherence to legal obligations.
- Company: Reputable law firm in Essex with a strong focus on excellence and trust.
- Benefits: Competitive salary, supportive environment, and career development opportunities.
- Other info: Join a dynamic team committed to equality and diversity.
- Why this job: Play a key role in shaping compliance strategies within a forward-thinking firm.
- Qualifications: Experience in law firm compliance or AML roles, with strong analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
A reputable firm in Essex is seeking an experienced and proactive Risk & Compliance Officer to support and strengthen the firm's compliance and risk management framework. This is an excellent opportunity for an individual with legal compliance and AML experience to play a key role within a growing and forward-thinking solicitors' practice.
The Role
The successful candidate will work closely with senior management and key compliance personnel to ensure the firm remains compliant with all regulatory and legal obligations, including anti-money laundering requirements, SRA compliance standards, and wider risk management procedures.
Key Responsibilities
- Managing and overseeing the firm's AML and compliance procedures
- Conducting client due diligence (CDD) and enhanced due diligence (EDD)
- Reviewing source of funds and source of wealth information
- Carrying out sanctions and politically exposed persons (PEP) checks
- Assisting with file reviews, audits, and compliance monitoring
- Supporting the firm's MLRO, COLP and senior management team
- Maintaining and updating compliance policies and procedures
- Advising fee earners and staff on regulatory and AML matters
- Monitoring regulatory developments and implementing necessary changes
- Delivering compliance and AML training to staff where required
- Managing conflict checks and wider risk management processes
- Assisting with GDPR and data protection compliance matters
- Preparing reports and maintaining accurate compliance records
Candidate Requirements
The ideal candidate will have:
- Previous experience within a law firm compliance or AML role
- Strong working knowledge of SRA Standards and Regulations, UK Money Laundering Regulations, Proceeds of Crime Act (POCA), and sanctions compliance requirements
- Excellent organisational and analytical skills
- Strong attention to detail and ability to work independently
- Confident communication skills and a professional manner
- Experience using legal compliance and onboarding systems is desirable
Desirable Qualifications
- ICA or equivalent AML/compliance qualification
- Previous experience supporting an MLRO, COLP or COFA
- Experience within a multi-office legal practice
What We Offer
- Competitive salary
- Supportive and professional working environment
- Career development opportunities
- Exposure to a broad range of compliance and regulatory matters
- Opportunity to play a key role in the continued development of the firm
All applicants are requested to complete an Equality, Diversity & Inclusion form. For all enquiries please contact ABC Partnership - 0203 890 8190 – enquiries@abcllp.com. To apply for this role please email a comprehensive CV and covering letter to Hudson Brewer - hudson@abcllp.com. All third-party applications will be forwarded to ABC Partnership Ltd. ABC are committed to equality and to fostering diversity in our profession.
Please advise us in advance of the interview if you have any access needs (including those arising from neurodiversity) and/or require reasonable adjustments for the interview so that we can make appropriate arrangements.
Risk & Compliance Officer (AML & Regulatory Compliance) (1996) in Essex employer: ABC Chambers Solutions
Join a reputable law firm in Epping, Essex, where you will thrive in a supportive and professional environment that values excellence, reputation, and trust. As a Risk & Compliance Officer, you will have the opportunity to develop your career while playing a crucial role in ensuring compliance with regulatory standards and AML requirements. With a commitment to employee growth and a diverse workplace culture, this firm offers a unique chance to contribute to its ongoing success and development.
StudySmarter Expert Advice🤫
We think this is how you could land Risk & Compliance Officer (AML & Regulatory Compliance) (1996) in Essex
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like ABC Chambers Solutions looking for candidates who are engaged and informed.
We think you need these skills to ace Risk & Compliance Officer (AML & Regulatory Compliance) (1996) in Essex
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at ABC Chambers Solutions. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at ABC Chambers Solutions
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with ABC Chambers Solutions’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
