Compliance Analyst in Manchester

The role involves working within our Central Compliance Unit, responsible for undertaking and overseeing anti-money laundering (AML)/client due diligence (CDD) checks on new and existing clients, conflict of interest checks, ongoing client monitoring, sanctions checks, and assisting with other risk management procedures.

The Risk & Ethics directorate (R&E) is responsible for all areas of compliance and risk management for Shoosmiths, including developing firmwide policies and procedures to ensure compliance with all legal and regulatory requirements, and to promote best practice. The team consists of the core risk management team and the Central Compliance Unit who are responsible for the onboarding of all clients/matters (including conflicts and AML).

Main Responsibilities:

• Take responsibility to provide an efficient delivery of the firm’s client and matter inceptions process.
• Collaborate with the Partners/Legal Advisers/PAs within the Practice Groups to ensure accurate information about clients and matters is obtained.
• Manage all inceptions in a timely manner, analysing the relevant issues and resolving the query or escalating as appropriate within the Risk & Ethics Directorate.
• Review new client and matter information ensuring satisfactory details are provided by the Legal Advisors/PAs and asking for further information as necessary, including from clients.
• Review the CDD and undertake research or obtain further information.
• Analyse the CDD results and escalate AML issues as required.
• Conduct conflict of interest checks using the firm's databases.
• Analyse conflict of interest search results and resolve such issues with the business and escalate conflict issues as required.
• Follow up with LAs/PAs or other employees swiftly when seeking information or conflict resolution from other stakeholders around the firm.
• Record information, as required, for compliance and auditing purposes.

Skills And Qualifications:

• Demonstrable knowledge/understanding of a regulatory/control environment.
• Track record of working within a regulatory/control environment.
• AML expertise, particularly the Money Laundering Regulations and CDD requirements would be advantageous.
• Previous experience and knowledge of conflict of interest checks in any regulatory environment would be advantageous.
• Exceptional interpersonal & communication skills both verbally and written.
• Strong client relationship skills.
• Organised/structured & collaborative approach.
• Ability to work in a fast-paced and demanding environment.
• Focused on quality of output as well as speed of delivery.
• Excellent attention to detail.

Shoosmiths is the law firm clients choose for excellent service, incisive thinking and above all for our ability to focus on what matters. We empower our people to be their authentic selves and deliver together in supportive teams committed to excellence and innovation. We have an outstanding benefits package to complement our competitive remuneration system.

Shoosmiths is proud to be a Disability Confident Employer, demonstrating our commitment to employing disabled people and developing their abilities. We are committed to ensuring our recruitment process is inclusive and accessible to everyone.

Our approach to our people is underpinned by our approach to diversity, inclusion and well-being. Our ambition is to build a diverse and ambitious workforce that reflects all backgrounds and talents, and a workplace that is supportive and inclusive.