Regulatory Compliance Specialist
3 weeks ago
Ashurst is a leading global law firm with a rich history spanning over 200 years. We are proud of our heritage and are future-focused, having expanded into new technologies through our NewLaw division, Ashurst Advance, and our consulting arm. Our in-depth understanding of our clients and commitment to providing excellent standards of service have seen us become a trusted adviser to local and global corporates, financial institutions, and governments in all areas of commercial law.
Key Responsibilities- Discharge the legal obligation of the firm's lawyers to carry out financial crime and sanctions risk assessments on their clients and matters.
- Ensure the firm meets its anti-money laundering and counter terrorist financing obligations worldwide.
- Contribute to strategy planning for the efficient running of the team and delivery of a quality service to the wider business.
- Contribute to the professional development of Risk Officers and Senior Risk Officers.
- Ensure all activities and duties are carried out in full compliance with our regulatory requirements and internal policies.
- Address complex aspects of implementation of firm's AML/ABC compliance policies, raise process improvements, and actively lead on implementation and training.
- Research relevant information sources and international databases to compile the documentation needed to verify the identity of clients of the firm and other relevant entities.
- Analyse sufficiency of identity documentation in the context of global firm policy, local anti-money laundering laws, and regulations in the various jurisdictions in which we operate.
- Work with senior members of Financial Crime & Risk team on various live projects as required.
- Suggest new project work as required and lead on project planning and implementation if approved by manager.
- Lead and direct other team members on various live projects as required.
- 5 years' experience in Anti-Money Laundering in the professional or financial services sector.
- Knowledge of AML/CTF obligations.
- Degree qualified in Law, Risk Management, Business, Politics, Economics, or related discipline.
- Ability to read and understand policy and local legislation from across the 18 jurisdictions in which we operate.
- Flexible, versatile, and able to adapt to new situations, processes, and technology.
- Keen interest in learning about the firm-wide legal practices and its clients.
- Good PC skills and experience working with Microsoft Word and Excel.
- Knowledge of international sanctions regulatory work.
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