At a Glance
- Tasks: Conduct client due diligence and risk assessments while ensuring compliance with legal regulations.
- Company: Join a leading legal team in London focused on compliance and regulatory duties.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for personal growth.
- Other info: Collaborative environment with a focus on integrity and high standards.
- Why this job: Make a difference in financial crime compliance and work with a dynamic team.
- Qualifications: Degree qualified with an interest in anti-money laundering and good IT skills.
The predicted salary is between 33075 - 40425 £ per year.
The General Counsel’s Office Team is based in London, the 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 and 2 paralegals. This role is permanent.
Roles and Responsibilities
- Carrying out CDD on a full range of clients including individuals, companies and trusts analysing CDD material provided by clients and advising whether further information is needed to complete the CDD process;
- Carrying out 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;
- Using a wide range of databases such as World Check, Companies House, Orbis and Experian to obtain CDD information;
- Carrying out research to establish whether there is any adverse press about a prospective client and assessing its relevance;
- Carrying out searches to identify whether a client is a politically exposed person (PEP) and preparing emails for Senior Management approval;
- Carrying out searches against the HM Treasury consolidated sanctions list (sanctions screening);
- Answering queries from clients, partners, fee earners and other support staff about CDD requirements.
Ad Hoc
- Where appropriate, carrying out conflicts searches using data submitted by partners and other fee earners & reporting back to the partner/ fee earner on the results of the search;
- The role also involves assisting with certain administrative tasks such as keeping the team’s filing up to date, archiving and data entry;
- Assisting with file audits;
- Ongoing PEP monitoring and sanctions screening for payments using Worldcheck;
- Comply with all relevant legal and regulatory obligations including the Solicitors Regulation Authority (SRA) Standards and Regulations, and Principles.
Skills and Experience
- Previous experience with Elite and AML databases would be an advantage;
Person Specification
- The successful candidate will ideally be degree qualified;
- A particular interest in anti-money laundering and counter-terrorist financing work;
- Good IT skills including proficient use of Excel, Word and Outlook.
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.
Compliance Analyst employer: Charles Russell Speechlys
As an Events Manager at our firm, you will thrive in a dynamic and supportive environment that values creativity and collaboration. We offer a hybrid working model, competitive benefits, and ample opportunities for professional growth, all while being part of a team that delivers high-profile events across the UK and internationally. Join us to make a meaningful impact and develop your career in a culture that prioritises excellence and client satisfaction.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Analyst
✨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 looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Analyst
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. 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
✨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’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
