Compliance Risk Specialist
23 hours ago
Job Summary: As a Compliance Analyst, you will play a critical role in supporting our Compliance team in all legal and regulatory duties. You will conduct Client Due Diligence (CDD) for a wide range of clients, including individuals, companies, and trusts. Your responsibilities will include reviewing CDD materials, advising on additional information needed, and performing risk assessments at client onboarding and during updates of CDD records. You will also utilize external databases, research prospective clients, and conduct sanctions screening by searching against HM Treasury's consolidated sanctions list. In addition, you will respond to queries from stakeholders regarding CDD requirements and assist with administrative tasks and file audits.
Key Responsibilities:
- Conduct CDD for a wide range of clients, including individuals, companies, and trusts.
- Perform risk assessments at client onboarding and during updates of CDD records.
- Utilize external databases.
- Research prospective clients to identify any negative media coverage and evaluate its significance.
- Conduct checks to determine if a client is a PEP and draft emails for Senior Management approval.
- Perform sanctions screening by searching against HM Treasury's consolidated sanctions list.
- Respond to queries from all stakeholders regarding CDD requirements.
- Assist with administrative tasks and file audits.
Requirements:
To be successful in this role, you must have experience in law firm risk and compliance, a solid understanding of AML and counter-terrorist financing, and familiarity with using AML databases. You should also have a degree and be a good team player focused on promoting excellence. An estimated salary for this position is £55,000 - £65,000 per annum based on industry standards and location.
Benefits: We offer a competitive salary, excellent benefits package, and opportunities for professional growth and development.
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