At a Glance
- Tasks: Support risk and compliance across our offices, ensuring regulatory standards are met.
- Company: Join a leading law firm with a commitment to diversity and equality.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity for career growth and involvement in exciting projects.
- Why this job: Make a real impact in compliance while working with a dynamic global team.
- Qualifications: Two years' experience in compliance, ideally within a law firm, and a law degree.
The predicted salary is between 40000 - 50000 £ per year.
To provide practice support to our offices on all aspects of risk, regulatory compliance and conflicts. The successful candidate for this role will be a member of the Risk & Compliance team, which is headquartered in the London office.
Key responsibilities
- Matter inception: assisting in onboarding new clients and matters and ensuring that all details are correct in accordance with regulatory standards and firm policy.
- Anti‑money laundering: conducting client due diligence, reviewing KYC documentation and undertaking AML and sanctions searches on clients as appropriate and escalating any issues to the MLRO.
- Terms of engagement: assisting the firm in maintaining a uniform application of engagement terms as well as reviewing, advising on and recording client imposed terms.
- On‑going monitoring and risk assessment: reviewing any changes to the client which may have an impact on client or matter risk and dealing with these in accordance with regulatory requirements.
- Matter maintenance: ensuring that matter information is kept accurate and up-to-date.
- Compliance reporting: assisting in the production of spreadsheets to monitor client and matter inception process status. Help run weekly/monthly reports.
- Confidentiality: assisting in setting up and amending information barriers and insider lists as required.
- Training: providing internal training to the team and wider firm in order to embed best practice.
- Projects: undertaking research and other projects as needed to improve matter inception, policy and process.
- Audit: assisting Risk Lawyers in preparation of annual internal file audits.
- Assisting other teams: Revenue & Collections, Marketing, and Conflicts as necessary.
Key skills and experience required
- A minimum of two year's experience in a compliance function within a regulated organisation, ideally in a law firm.
- Law degree or GDL qualification, with some legal work experience.
- AML experience.
- Demonstrated ability to work within a framework of regulatory compliance.
- The capability, after training if necessary, to identify conflicts and risk within a law firm.
- Resilience and the ability to develop and maintain strong internal and external relationships, while working both autonomously and as part of a global team.
- The ability to work in an environment where quality output is paramount.
- Analytical and organisational skills, including the ability to manage multiple tasks and projects.
- Strong attention to detail and proven ability to handle confidential information in a professional and discreet manner.
- A high level of proficiency in MS Outlook, Word and Excel.
Additional information
Kindly note that this job description is not contractual. It will be reviewed periodically and may be amended or altered to meet the needs of the firm. HFW aims to ensure equality of opportunity and we are actively working towards improving the diversity of our staff. All applications will be considered only on merit and the applicant's suitability to meet the requirements of the role.
Risk & Compliance Officer in London employer: Job Search Place Limited
HFW is an exceptional employer, offering a dynamic work environment in the heart of London where the Risk & Compliance team plays a crucial role in maintaining regulatory standards and client integrity. With a strong emphasis on employee development, we provide comprehensive training opportunities and foster a culture of collaboration and support, ensuring that our team members thrive both personally and professionally. Join us to be part of a forward-thinking firm that values diversity and is committed to creating a meaningful impact in the legal sector.
StudySmarter Expert Advice🤫
We think this is how you could land Risk & 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 Job Search Place Limited looking for candidates who are engaged and informed.
We think you need these skills to ace Risk & 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 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!
