At a Glance
- Tasks: Support compliance processes for new and existing clients in a dynamic legal environment.
- Company: Join a leading firm with a strong focus on risk and compliance.
- Benefits: Competitive salary, comprehensive benefits package, and opportunities for professional growth.
- Other info: Collaborative team atmosphere with opportunities to develop your skills.
- Why this job: Make a real impact by ensuring compliance and building strong client relationships.
- Qualifications: Degree in Law or related field; previous compliance experience is a plus.
The predicted salary is between 30000 - 40000 £ per year.
We are looking for a full time Compliance Onboarding Paralegal to join our Risk & Compliance department. This is a new role supporting our Commercial and Corporate teams ensuring compliance with relevant legal and regulatory requirements, through the onboarding process for new and existing clients. This is an office based role with regular client contact. You will be a confident communicator who can establish strong internal and external relationships, who is comfortable challenging as and when required.
Responsibilities
- Opening new client matters on the firm's systems
- Ensuring initial and ongoing compliance with file opening procedures
- Obtaining and verifying the identity of new clients
- Analysing the corporate structure of clients to determine Ultimate Beneficial Owner/s
- Identifying PEPs, SIPs, individuals subject to sanctions and high-risk clients/matters
- Analysing new clients and matters for potential risks
- Assisting with the completion of AML and file risk assessments
- Undertaking source of funds/wealth enquiries and verification
- Liaising with and escalating matters to the firm's MLRO/MLCO
- Carrying out conflicts checks and analysing results to determine whether a legal or commercial conflict exists, liaising with partners and fee-earners and escalating as necessary
- Updating the conflicts database
- Monitoring and updating Client Due Diligence for existing clients
- Maintaining ongoing monitoring records for active clients and matters
- Following updates of relevant laws, regulations, and other industry developments
- Providing input into policy and procedure reviews
- Assisting with ad-hoc administrative compliance tasks
Qualifications
- Degree educated in Law, or related field
- Previous compliance experience in a legal environment is desirable
- Exceptional attention to detail and accuracy
- Excellent analytical skills
- Excellent communication and interpersonal skills
- Overall strength of character with the ability to operate at all levels of the business
- Ability to work independently and collaborate effectively within a team
- Some academic exposure to Commercial and/or Corporate transactions is desirable
Benefits
Salary will be competitive and dependent on experience, and the firm offers a benefits package. Apply now for immediate consideration with your CV and cover letter.
Compliance Onboarding Paralegal employer: Job Search Place Limited
Join a dynamic and supportive team as a Compliance Onboarding Paralegal in our Risk & Compliance department, where your contributions will directly impact our commitment to legal and regulatory excellence. We pride ourselves on fostering a collaborative work culture that encourages professional growth and development, offering competitive salaries and a comprehensive benefits package. Located in a vibrant office environment, you will have the opportunity to build strong relationships with clients and colleagues alike, making this an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Onboarding Paralegal
✨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 Job Search Place Limited looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Onboarding Paralegal
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 Job Search Place Limited. 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 Job Search Place Limited
✨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 Job Search Place Limited’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
