At a Glance
- Tasks: Assist in ensuring compliance with legal regulations and conduct client due diligence.
- Company: Forsters LLP, a leading firm known for its private wealth and real estate focus.
- Benefits: Collaborative environment, professional growth opportunities, and a focus on wellbeing.
- Other info: Inclusive workplace committed to personal and professional development.
- Why this job: Join a dynamic team delivering exceptional results while building genuine client relationships.
- Qualifications: Degree level education preferred, strong analytical skills, and excellent communication abilities.
The predicted salary is between 29700 - 36300 £ per year.
The role of a Risk & Compliance Officer is to assist the Risk & Compliance team in all areas of internal and external legal compliance, primarily focusing on client due diligence procedures, ensuring compliance with the Money Laundering Regulations.
- To assist in ensuring that adequate CDD is conducted on all clients of the firm, initially focused on ensuring compliance with the firm’s ongoing monitoring obligations under the Money Laundering Regulations 2017.
- To review client matter files (existing and new) to ensure proper client opening, maintenance and ‘Customer Due Diligence’ (CDD) procedures have been followed.
- To answer AML queries raised by the fee earners and secretaries and to escalate these to the Compliance Manager, Head of Risk and Compliance and MLRO as and when appropriate.
- To research and provide opinions on complex AML related queries as directed by the Compliance Manager.
- To communicate regularly with, and to immediately report any problems or potential areas of compliance concern to, the Compliance Manager as appropriate.
- To provide monthly updates to the wider Compliance team on issues raised or trends identified.
- To support and develop internal AML knowledge and best practice within the fee earning teams.
- To research and provide opinions on complex AML related queries as directed by the Compliance Manager
Why Forsters?
We are renowned for our private wealth and real estate focus, together with our strong corporate and commercial and dispute resolution teams.
We work alongside individuals, families and businesses across a wide range of complex matters and situations.
What makes us different is how we build closer connections with our clients to deliver exceptional results.
We do it through creating genuine relationships, a sharp focus on what matters to them and the flexibility to adapt our advice to their situation.
When you come through our door, you’ll notice how genuinely open, friendly and authentic people are.
We work well together because we have fun together.
We take your happiness and wellbeing seriously.
Here, you are free to express yourself and be the best you can be.
Delivering exceptional results takes on a different meaning at Forsters.
For us, it’s about being more closely connected to clients, each other and our communities.
It’s what drives us, them and you forward.
Why this team?
We are leaders in our field and you will be part of a team with an outstanding reputation, working with high quality clients on high quality matters delivering exceptional outcomes.
We will encourage you to be entrepreneurial, explore ideas and make your mark.
We will provide you with the support you need to grow professionally and personally to reach your full potential.
What is the environment?
You’ll be in an environment of happiness, collaboration and flexibility.
We take our work seriously and being happy and having fun is an integral part of that.
We work both in and out of the office in Marylebone depending on what’s best for our clients, our team, our business and our professional growth.
Are we right for you?
We are looking for you to bring your energy and enthusiasm to work every day and to collaborate and work with colleagues as one team, to listen and consider each other.
We ask you to take responsibility for your growth and development, share your ideas and let us know what you want to achieve.
We are looking for you to get involved in our responsible business activities, pro bono, community and sustainability initiatives.
Other skills required
- (Preferable but not essential) Educated to degree level (LLB preferred, England & Wales or equivalent jurisdiction).
- Excellent interpersonal skills.
- Excellent analytical skills and attention to detail.
- A high standard of written and oral communication.
- Positive and robust attitude with a high level of personal motivation.
- Will always strive for excellent levels of internal and external client service.
- Organised manner with ability to prioritise workload.
- Motivated and pro-active with a ‘can-do’ approach.
- Can adhere to tight and demanding deadlines.
- Ability to interact with people at all levels.
- Calm and efficient under pressure.
- Flexible as regards to time and duties.
- Proficient in use of MS Office (specifically Word, Excel).
- Equal opportunities
Forsters LLP is an equal opportunities employer and is committed to ensuring an inclusive and accessible hiring experience for everyone.
We strive to attract and encourage applications from all candidates regardless of their gender, age, race, nationality, marital status, disability, sex, sexual orientation or religious beliefs.
Click here to find out more about how we are committed to building a culture where our people can thrive.
If you require any support or adjustments in the application or hiring process, please let us know.
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Risk & Compliance Officer employer: Forsters
Forsters is an exceptional employer that fosters a collaborative and supportive work culture, where employees are encouraged to express themselves and grow both professionally and personally. Located in the vibrant area of Marylebone, the firm prioritises employee happiness and wellbeing, offering flexibility in work arrangements and opportunities for meaningful engagement in community initiatives. With a strong focus on client relationships and a commitment to delivering outstanding results, Forsters provides a dynamic environment for Communications Managers to thrive and make a significant impact.
StudySmarter Expert Advice🤫
We think this is how you could land Risk & Compliance Officer
✨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 Forsters looking for candidates who are engaged and informed.
We think you need these skills to ace Risk & Compliance Officer
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 Forsters. 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 Forsters
✨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 Forsters’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
