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For Companies At a Glance
- Tasks: Join our team to tackle daily AML and compliance queries while ensuring regulatory records are spot on.
- Company: Be part of a leading law firm in Chester, known for its commitment to excellence and integrity.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: Make a real impact in compliance while working with a supportive team in a reputable firm.
- Qualifications: Experience in AML is preferred; strong communication and organisational skills are essential.
- Other info: Ideal for those looking to kickstart their career in a dynamic legal setting.
The predicted salary is between 36000 - 60000 £ per year.
We are working with a leading law firm seeking the hire of a Risk & Compliance Officer within their Risk & Compliance Team, based in Chester. This position offers the opportunity to work closely with the Compliance Manager/MLRO regarding daily AML and compliance queries.
Further key responsibilities:
- Communicating with the SRA and Law Society to maintain precise regulatory records
- Coordinating with PI Insurer/Brokers to handle PII claims and notifications
- Accurately logging all complaints, data breaches, and undertakings in their internal reporting system
- Overseeing and performing compliance file reviews on selected cases across all fee-earning teams
- Collaborating with team members to manage daily compliance tasks, including file opening, ensuring consistent business support throughout the firm
Applicant Expectations:
- Experience in AML work, preferably within a law firm, but also open to candidates with a strong background in Financial Services
- Strong communication skills, with the ability to collaborate effectively as part of a team and work independently with minimal supervision when needed
- Excellent organisational and prioritisation abilities, with the ability to manage and prioritise your work
- Proficient in building and maintaining relationships with team members, fee earners, and external stakeholders
Risk Compliance Officer employer: Taylor Root
Contact Detail:
Taylor Root Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Compliance Officer
✨Tip Number 1
Familiarise yourself with the latest AML regulations and compliance standards relevant to law firms. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the legal and compliance sectors, especially those who have experience in risk management. Attend industry events or join online forums to build connections that could lead to valuable insights or referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've handled compliance issues or AML queries in past roles. Being able to articulate your problem-solving skills and experiences will set you apart from other candidates.
✨Tip Number 4
Research the law firm’s recent cases and compliance challenges they may have faced. This will allow you to ask informed questions during the interview and show your genuine interest in their operations.
We think you need these skills to ace Risk Compliance Officer
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of a Risk Compliance Officer. Highlight your experience in AML work and any relevant skills that align with the job description.
Tailor Your CV: Customise your CV to reflect your experience in compliance, particularly within law firms or financial services. Emphasise your communication skills and ability to work both independently and as part of a team.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and your enthusiasm for working with the law firm. Mention specific examples of how you've successfully managed compliance tasks in the past.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, and that all information is clear and concise.
How to prepare for a job interview at Taylor Root
✨Showcase Your AML Experience
Make sure to highlight any experience you have in Anti-Money Laundering (AML) work, especially if it's within a law firm. Be prepared to discuss specific scenarios where you've successfully navigated compliance challenges.
✨Demonstrate Strong Communication Skills
Since the role requires effective communication with various stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've collaborated with team members or external parties to resolve compliance issues.
✨Organisational Skills are Key
The ability to manage and prioritise tasks is crucial for this position. During the interview, share instances where you've successfully organised your workload or handled multiple compliance tasks simultaneously.
✨Prepare for Regulatory Discussions
Familiarise yourself with the SRA and Law Society regulations, as you'll be communicating with them regularly. Being able to discuss these regulations confidently will demonstrate your preparedness and understanding of the role.
