At a Glance
- Tasks: Join a dynamic team tackling financial crime compliance across Europe.
- Company: Weil, a leading law firm with a strong commitment to professional development.
- Benefits: Competitive salary, generous holiday, health insurance, and wellness programmes.
- Other info: Inclusive workplace focused on teamwork and continuous learning.
- Why this job: Make a real impact in the legal field while growing your career.
- Qualifications: Qualified lawyer with 5+ years of experience in compliance or regulatory roles.
The predicted salary is between 60000 - 80000 £ per year.
Weil seeks the best and brightest talent to join our Legal and Business services teams. Our employees are the future of Weil and we invest in their training and development. Our environment embraces and encourages positive-minded professionals who seek to be challenged and acquire knowledge and skills in an atmosphere built on teamwork.
The Compliance Lawyer will work within the London Compliance Team, focusing on financial crime in the UK and Europe. This role will be part of a busy team of lawyers and analysts responsible for providing legal, risk and regulatory advice and support to the London, Paris and Brussels offices.
The London Office Managing Partners take a keen interest in compliance issues resulting in a strong compliance culture across the office. The function is also supported by the Compliance Officer for Legal Practice, Compliance Officer for Financial Administration, the Money Laundering Reporting Officer and the firm’s General Counsel and New York Conflicts team.
Key Duties and Responsibilities- Responsibility for the financial crime function within the Compliance team, supporting the Compliance Manager and analysts to provide a consistent and prompt service;
- Advise partners and employees on financial crime compliance, including money laundering, sanctions, bribery, fraud, tax evasion and market abuse;
- Support the MLRO in their duties, including submitting SARs, and completing questionnaires from clients, suppliers or the SRA;
- Horizon scan for changes to financial crime regulations, guidance and market practice in relevant jurisdictions, update firm policies and procedures, and train analysts;
- Draft, maintain and update records of the firm’s financial crime policies, procedures and risk assessments in line with regulations in the UK and Europe, and maintain the team’s bespoke AML database;
- Independent and regulator audit preparation and liaison;
- Identify reputational and financial crime issues and approve high risk clients and matter summaries before submission to the MLRO;
- Attend relevant firm committee and MLRO meetings and present key topics; attend external roundtables and conferences to stay abreast of industry developments in the UK, US and Europe, as relevant;
- Develop and deliver financial crime training to partners and employees in relevant offices;
- Proactively share knowledge in weekly team meetings and oversee training of new analysts;
- Line management of Compliance Manager, involvement in appraisals and identifying any resourcing needs;
- Review of AML functions and automated systems in relevant offices and implementing changes as required.
- Advise partners and employees on a wide range of compliance and regulatory issues, including conflicts and confidentiality under SRA and US rules, negotiating terms with clients and third parties, secondments, lateral hires, practising rights, SRA Codes of Conduct, insurance renewals and other ad hoc projects;
- Holiday cover for other members of the team.
- Qualified lawyer 5+ PQE;
- Experience of working at a large City / International firm either in a compliance team or as a fee earner with regulatory experience;
- Knowledge of the Proceeds of Crime Act 2002, UK Money Laundering Regulations and LSAG guidance, French and Belgian AML Regulations and industry guidance, UK, EU and US sanctions, Bribery Act 2010, Criminal Finances Act 2017 and ECCTA 2023;
- Experience advising on financial crime issues and liaising with relevant stakeholders, and preparing/submitting SARs;
- Experience managing projects and implementing changes to processes and procedures;
- Ability to assess, draft and update policies and precedents ensuring stakeholder consultation where appropriate;
- Client service focused and ability to take initiative, solutions-orientated with a commercial and pragmatic approach;
- Good communication and organisational skills, ability to work as a team and contribute to its success;
- Attention to detail, ability to prioritise and meet deadlines;
- Resilience and ability to interact with people at all levels in a constructive and polite manner.
Weil offers a competitive compensation package which comprises of base salary and discretionary year-end bonus (for eligible employees). Benefits include, but are not limited to Contributory Pension Scheme, Life Assurance (4 x annual salary), Income Protection Scheme, Private Medical Insurance, GP Service, 25 days holiday, Subsidised Staff Restaurant, Health Screening, Annual Well Being Allowance, On-site Gym, Employee Assistance Programme and Season Ticket Loan.
Weil is an equal opportunity employer and is committed to encouraging inclusion among our workforce and eliminating unlawful discrimination. It is our policy to attract, train, compensate and develop based on merit and without regard to gender, race, social or economic background, disability, religion or belief, sexual orientation, marital or civil partnership status, age, or any other category protected by applicable law.
At Weil we strive to create an inclusive and accessible recruitment process for all candidates. Should you require any reasonable adjustments or additional support at any stage of the recruitment process please do not hesitate to contact a member of Weil’s recruitment team at London.Recruitment@weil.com.
Compliance Lawyer – Financial Crime in London employer: Weil, Gotshal & Manges LLP
Weil is an exceptional employer that prioritises the growth and development of its employees, fostering a collaborative and positive work culture. Located in the heart of London, our Compliance Lawyer role offers a unique opportunity to engage with a diverse team while benefiting from a comprehensive compensation package, including generous leave, health benefits, and wellness initiatives. We are committed to inclusivity and provide ample opportunities for professional advancement, making Weil a rewarding place to build your career.
Contact Details:
Weil, Gotshal & Manges LLP Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Lawyer – Financial Crime in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Weil through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on financial crime regulations and recent developments in compliance. Show us that you're not just knowledgeable but also genuinely interested in the field!
✨Tip Number 3
Practice your answers to common interview questions, especially those related to compliance scenarios. We want to see how you think on your feet and handle tricky situations.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows us that you’re keen on the role. Plus, it’s a great way to reiterate your interest.
We think you need these skills to ace Compliance Lawyer – Financial Crime in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Compliance Lawyer role. Highlight your experience with financial crime compliance and any relevant regulations, as this will show us you understand what we're looking for.
Showcase Your Skills:Don’t just list your qualifications; demonstrate how your skills align with the job description. We want to see examples of your project management and communication skills, especially in a compliance context.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon unless it's relevant. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Weil, Gotshal & Manges LLP
✨Know Your Financial Crime Regulations
Make sure you brush up on the Proceeds of Crime Act 2002 and UK Money Laundering Regulations. Being able to discuss these confidently will show that you're not just familiar with the law, but that you can apply it in real-world scenarios.
✨Showcase Your Compliance Experience
Prepare specific examples from your past roles where you've successfully navigated compliance issues or managed projects. This will help demonstrate your hands-on experience and problem-solving skills, which are crucial for this role.
✨Engage with the Team Culture
Weil values teamwork and a positive mindset, so be ready to discuss how you’ve contributed to team success in previous positions. Highlighting your collaborative spirit will resonate well with the interviewers.
✨Ask Insightful Questions
Prepare thoughtful questions about the firm's approach to financial crime compliance and how they stay ahead of regulatory changes. This shows your genuine interest in the role and helps you assess if the firm aligns with your career goals.
