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
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those who work in compliance or AML. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of SRA Standards and UK Money Laundering Regulations. We want you to be able to discuss these confidently, showing you're the perfect fit for the Risk & Compliance Officer role.
✨Tip Number 3
Don’t forget to showcase your analytical skills during interviews! Bring examples of how you've successfully managed compliance procedures or conducted due diligence in past roles. This will help us see your value right away.
✨Tip Number 4
Apply through our website for a smoother process! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage with us directly.
We think you need these skills to ace Risk & Compliance Officer (AML & Regulatory Compliance) (1996) in Essex
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Risk & Compliance Officer role. Highlight your experience in AML and compliance, and don’t forget to mention any relevant qualifications like ICA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our firm. Share specific examples of your past experiences that relate to the key responsibilities mentioned in the job description. Let us know why you’re excited about this opportunity!
Showcase Your Attention to Detail:As a Risk & Compliance Officer, attention to detail is crucial. Make sure your application is free from typos and errors. We appreciate candidates who take the time to present their information clearly and accurately, so double-check everything before hitting send!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications better and ensures you don’t miss out on any important updates. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at ABC Chambers Solutions
✨Know Your AML and Compliance Stuff
Make sure you brush up on your knowledge of the UK Money Laundering Regulations and SRA Standards. Be ready to discuss how you've applied these in previous roles, as this will show your expertise and confidence in handling compliance matters.
✨Showcase Your Organisational Skills
As a Risk & Compliance Officer, you'll need to demonstrate excellent organisational abilities. Prepare examples of how you've managed compliance procedures or conducted audits in the past. This will help the interviewers see that you can handle the responsibilities of the role.
✨Communicate Clearly and Professionally
Since you'll be advising fee earners and staff on regulatory matters, it's crucial to showcase your communication skills. Practice explaining complex compliance concepts in simple terms, so you can convey your ideas clearly during the interview.
✨Prepare Questions About the Firm's Compliance Culture
Show your interest in the firm by preparing thoughtful questions about their compliance framework and how they stay updated with regulatory changes. This not only demonstrates your enthusiasm for the role but also helps you assess if the firm's values align with yours.
