At a Glance
- Tasks: Support client acceptance processes and conduct detailed due diligence and risk assessments.
- Company: Reputable London law firm known for bespoke legal advice and a collaborative environment.
- Benefits: Hybrid working, private medical insurance, pension scheme, and life assurance cover.
- Other info: Diverse and inclusive workplace with excellent career development opportunities.
- Why this job: Gain valuable experience in risk and compliance while making a real impact in a prestigious firm.
- Qualifications: Strong academic background; previous office experience is a plus.
The predicted salary is between 40500 - 49500 £ per year.
Our client, a highly regarded London Law firm, is seeking a Risk and Compliance Assistant to join its Business Unit Acceptance (BAU) team in London on a permanent basis.
The Firm
Our client is a highly regarded specialist law firm that advises on complex private client and real estate matters. The firm has a strong reputation for delivering high-quality, bespoke legal advice and operates within a professional and collaborative environment.
The Opportunity
This is an excellent opportunity to join the firm's Business Unit Acceptance team as a Risk and Compliance Assistant. The successful candidate will support the firm's client and matter acceptance processes, undertaking detailed due diligence, conflicts checks and risk assessments while working closely with matter teams and senior Risk and Compliance stakeholders.
Key responsibilities include:
- Supporting the client inception process, including conducting conflicts checks and drafting client and matter risk assessment form
- Conducting detailed due diligence research on new and existing clients and matters
- Preparing engagement letters and ensuring client and matter documentation is complete and accurate
- Working closely with matter teams to ensure new files comply with SRA requirements, AML, Counter-Terrorist Financing, Counter-Proliferation Financing and sanctions regulations
- Liaising between matter teams and the Business Acceptance Unit, raising and resolving queries where appropriate
- Advising on client due diligence requirements in specific scenarios
- Assisting with ongoing client monitoring, including reviewing electronic verification and screening updates and escalating relevant issues to the appropriate stakeholders
- Assisting with internal and external AML audits, compliance reviews and file reviews
- Assisting with conflicts of interest queries and escalating potential compliance concerns appropriately
- Promoting awareness of risk and compliance requirements across the firm
- Supporting the trialling and implementation of new software, systems and BAU processes
Requirements
- Strong academic background
- Previous office experience would also be advantageous
Vacancy Highlights
- Broad exposure to AML, sanctions, conflicts and wider financial crime risk
- Hybrid Working
- Staff benefits package including private medical insurance, company pension scheme, income protection and life assurance cover
To be considered for this Risk and Compliance Assistant opportunity, please contact Birchrose Associates for a confidential discussion.
PLEASE NOTE: We can only consider applications from candidates who have the right to work in the UK.
Risk and Compliance Assistant in London employer: Jobiqo
Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.
StudySmarter Expert Advice🤫
We think this is how you could land Risk and Compliance Assistant 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 Jobiqo looking for candidates who are engaged and informed.
We think you need these skills to ace Risk and Compliance Assistant 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 Jobiqo. 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 Jobiqo
✨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 Jobiqo’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
