At a Glance
- Tasks: Monitor compliance and conduct AML checks in a dynamic law firm environment.
- Company: Join a renowned media law firm specialising in Music, TV, and Film.
- Benefits: Enjoy a competitive salary of £30,000 and work alongside top legal professionals.
- Other info: Familiarity with AML software and conflict checking systems is a plus.
- Why this job: Gain valuable experience in compliance while contributing to exciting entertainment projects.
- Qualifications: Must have at least 6 months of compliance experience in a law firm.
The predicted salary is between 24000 - 36000 £ per year.
This specialist media law firm, famous for their Music, TV and Film work, are keen to recruit a Compliance Administrator with at least 6 months experience to join the firm, working with lawyers who are at the very top of the profession.
Typical duties will include:
- Monitoring and controlling the Firm’s risk and compliance in relation to AML and KYC checks and related compliance issues.
- Researching and confirming the identities of clients, beneficial owners and third-party payors and understanding their businesses and their means of payment.
- Locating and obtaining company incorporation or regulatory information for clients and beneficial owners in all international offices.
- Maintaining an internal AML database of CDD information about the Firm’s clients and other relevant parties, in line with SRA regulations and Firm policy, and updating expired information.
- Conducting conflict checks for fee earners.
- Dealing with enquiries from across the firm.
- Assisting with client and matter onboarding.
Applicants must have 6 months prior compliance experience working within a law firm dealing with anti-money laundering processes and other onboarding procedures. A knowledge of automated conflict checking systems and AML compliance software as used in a law firm setting would be an advantage.
COMPLIANCE/AML EXPERIENCE IN A LAW FIRM FOR AT LEAST 6 MONTHS IS AN ESSENTIAL REQUIREMENT FOR THIS ROLE.
StudySmarter Expert Advice🤫
We think this is how you could land AML Administrator - Boutique Entertainment Law Firm - £30,000 in City of London
✨Tip Number 1
Network with professionals in the legal and compliance sectors. Attend industry events or webinars related to AML and KYC compliance, as this can help you make valuable connections that may lead to job opportunities.
✨Tip Number 2
Familiarise yourself with the latest AML regulations and compliance software used in law firms. This knowledge will not only boost your confidence but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Consider reaching out to current or former employees of the firm for informational interviews. They can provide insights into the company culture and specific expectations for the AML Administrator role.
✨Tip Number 4
Prepare for potential interviews by practising common compliance-related questions. Be ready to discuss your previous experience in detail, especially any specific AML processes you've handled in past roles.
We think you need these skills to ace AML Administrator - Boutique Entertainment Law Firm - £30,000 in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your compliance experience, especially any roles related to AML and KYC checks. Use specific examples of your previous work in a law firm setting to demonstrate your expertise.
Craft a Strong Cover Letter:In your cover letter, express your enthusiasm for the role and the firm. Mention your relevant experience and how it aligns with the job description. Be sure to include your understanding of AML processes and any software you are familiar with.
Highlight Relevant Skills:When detailing your experience, focus on skills that are directly relevant to the position, such as risk assessment, client onboarding, and database management. Use bullet points for clarity and impact.
Proofread Your Application:Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in compliance roles.
How to prepare for a job interview at LAW CHOICE RECRUITMENT
✨Showcase Your Compliance Experience
Make sure to highlight your previous compliance experience, especially in relation to AML and KYC checks. Be prepared to discuss specific examples of how you've successfully managed compliance tasks in a law firm setting.
✨Understand the Firm's Focus
Research the firm's work in the music, TV, and film sectors. Understanding their client base and the unique compliance challenges they face will demonstrate your genuine interest in the role and help you stand out.
✨Familiarise Yourself with Relevant Software
If you have experience with automated conflict checking systems or AML compliance software, be ready to discuss it. If not, take some time to learn about common tools used in the industry, as this knowledge can give you an edge.
✨Prepare Questions for the Interviewers
Think of insightful questions to ask during the interview. This could include inquiries about the firm's approach to compliance or how they handle complex AML cases. It shows that you're engaged and serious about the position.
