At a Glance
- Tasks: Handle complex compliance issues and conduct thorough client due diligence.
- Company: Leading law firm with a strong focus on compliance and risk management.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on integrity and personal growth.
- Why this job: Join a dynamic team and make a real impact in compliance and risk management.
- Qualifications: Previous compliance experience and strong IT skills are essential.
The predicted salary is between 55000 - 65000 £ per year.
The Compliance and Risk (C&R) Team is based in London and led by the firm’s General Counsel. The C&R Team advises the firm on all aspects of its legal and regulatory duties, including financial crime compliance, SRA STaRS, risk management, client engagement terms, complaints and claims, internal investigations, insurance, governance, external vendor contracts and data privacy. The legal team currently comprises 9 lawyers including the Director of Compliance & MLCO, and 4 paralegals. Within the C&R Team sits the New Business Intake (NBI) function under the Director of Compliance and led by the Head of NBI. This comprises 4 NBI Managers, 23 Analysts and 4 Assistants in London as well as 3 AML Senior Managers and 2 analysts based in Europe, the Middle East and Asia. The NBI team handles all aspects of on-boarding new clients and ongoing client monitoring where required, including client due diligence (CDD), sanctions checks and conflict checking for the entire firm. The NBI team’s objective is to on board new clients and matters as efficiently as possible whilst ensuring that all regulatory requirements are met.
Roles and Responsibilities
- Dealing with the Firm’s more difficult CDD issues, particularly in relation to companies and trusts (analysing documents provided by clients and advising whether further information is needed)
- Advising on CDD requirements for our overseas offices which may differ from the UK approach
- Carrying out the risk assessments at client inception and also when CDD records are updated to see whether the client presents a higher than usual risk of money laundering
- Carrying out the research to establish whether there is any adverse press about a prospective client and assessing its relevance
- Carrying out research on the source of wealth and funds and assisting with advice on this to the partners and fee earners
- Carrying out searches to identify whether a client is a politically exposed person (PEP) and preparing emails for Senior Management’s approval
- Conducting EDD for High Risk Third Country clients and preparing emails for Senior Management approval
- Assisting with the CDD inbox and general compliance queries
- Ad hoc sanctions screening to support the Analysts when required
- Assisting more senior colleagues in advising finance, partners, and fee earners on third party payments and additional due diligence requirements
- Management of specific compliance projects
- Assisting the NBI Managers, Head of NBI, Compliance Counsels, MLRO, MLCO and GC with ad-hoc research tasks
- Comply with all relevant legal and regulatory obligations including the Solicitors Regulation Authority (SRA) Standards and Regulations, and Principles
Skills and experience
- Previous compliance experience is essential
- Experience on International regulations, particularly Dubai, Bahrain and Qatar are preferable
- Strong IT skills including Excel, Word, and Outlook
Person specification
- In depth knowledge of CDD requirements gained as a result of previous experience within a law firm Compliance Team
- Strong written and verbal communication skills with the ability to deal with clients, partners, fee earners and support staff
- Conscientious and methodical with excellent attention to detail
- Highly organised for self and others
- Flexible and capable of managing conflicting priorities and deadlines
- Pro-active and demonstratable experience of using initiative
Competencies
- Working together
- Integrity and respect
- Inclusive
- Personal impact and growth
- Driving high standards
- Commercial mindset
- Client - centric
- Responsible Business
Hybrid working
We adopt a hybrid and flexible working approach, dependent on the requirements of the role and subject to manager approval.
Senior Compliance Analyst in London employer: Charles Russell Speechlys LLP
As a Senior Compliance Analyst in our London-based Compliance and Risk Team, you will thrive in a dynamic work culture that values integrity, collaboration, and personal growth. We offer a hybrid working model, competitive benefits, and opportunities for professional development, ensuring that you can excel in your role while contributing to meaningful compliance initiatives within a supportive environment.
Contact Details:
Charles Russell Speechlys LLP Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compliance Analyst 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 Charles Russell Speechlys LLP looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Compliance Analyst 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 Charles Russell Speechlys LLP. 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 Charles Russell Speechlys LLP
✨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 Charles Russell Speechlys LLP’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
