At a Glance
- Tasks: Manage compliance processes and support AML queries in a dynamic legal environment.
- Company: Beale & Co, a forward-thinking law firm with a commitment to its people.
- Benefits: Flexible working hours, part-time role, and opportunities for professional growth.
- Other info: Work across multiple locations and build relationships with diverse stakeholders.
- Why this job: Join a collaborative team and make a real impact on compliance and risk management.
- Qualifications: Experience in compliance, particularly in AML within the legal sector.
The predicted salary is between 36000 - 60000 £ per year.
We are looking to recruit a Part-time Compliance Officer on a FTC/Maternity Cover role. The Compliance Officer will report to the Head of Risk and Compliance, with the scope of the role expected to expand with the development of the Department and the candidate.
The ideal candidate will have ready-to-go experience dealing with AML issues in the legal sector, ideally experience using Smartsearch, and a broader background in law firm compliance with working knowledge of legal compliance, able to handle day-to-day queries.
The Ideal Candidate will:
- Deal with client risk assessments for AML purposes, CDD gathering and filing.
- Support CDD gathering on matters where EDD is required.
- Assist PAs and fee-earners with AML queries, interpreting Smartsearch results, discounting false-positive PEP and other hits, and advising on UBO structures.
- Provide oversight of matters rated as high-risk for money laundering.
- Handle ad-hoc compliance-related queries.
Key Requirements
- Compliance advice and guidance – Support and deliver key Compliance processes, lead some processes such as AML oversight and information barriers. Resolve issues as they arise and identify areas for improvement in support of improved Compliance and risk management in the Firm.
- Relationship Management – Build relationships virtually and in person across multiple offices to maximise effectiveness and the reputation of the Compliance department.
- Work Planning – Contribute to planning to ensure Compliance and risk management projects are scheduled and delivered.
- Compliance Policies – Maintain an up-to-date suite of Compliance policies for each jurisdiction; assist with review and update of Firm policies.
- Compliance reviews – Assist with reviews of processes across the Firm.
- Solution development – Propose solutions to the Senior Compliance Officer and Head of Risk and Compliance on compliance and risk issues as they arise.
- Strategic Projects – Support with strategic projects as appropriate.
Person Specification
- Qualifications – Compliance or risk qualification is desirable but not essential.
- Knowledge of Regulatory requirements in E&W is essential; knowledge in Scotland, Ireland, Ontario and Dubai is desirable but not essential.
- Experience – A successful track record in a comparable compliance role with an E&W law firm. Interest in developing Compliance, risk management and regulatory knowledge is essential. Commercially aware with capability to provide pragmatic, timely solutions. Experience in a legal context is desirable but not essential. Experience in providing clear, balanced guidance on a range of compliance issues and in identifying improvements. Experience in building effective working relationships with a wide range of stakeholders.
- Skills – Professional, persuasive and influential with a can-do attitude. Well-organised with the ability to prioritise effectively. Strong interpersonal skills and ability to gain the confidence of stakeholders. Ability to challenge and be collaborative as a team player. Ability to relate the impact of your role to wider firm plans.
In return, you will benefit from being part of an organisation that is genuinely committed to its people.
For further information on the role, please apply by sending your CV to HRDept@beale-law.com. If you want a confidential chat about the role, feel free to call Jonathan Brett on 0203 053 3091.
Compliance Officer in London employer: Beale & Co
Beale is an exceptional employer that fosters a collaborative and innovative work culture, offering flexible working arrangements across vibrant locations like London, Bristol, and Glasgow. Employees benefit from comprehensive professional development opportunities, ensuring growth in their careers while contributing to meaningful legal solutions for clients. With a strong emphasis on teamwork and client satisfaction, Beale stands out as a rewarding place to build a fulfilling career.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer in London
✨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 Beale & Co looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Officer in London
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 Beale & Co. 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 Beale & Co
✨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 Beale & Co’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
