My client a leading law firm with a focus on social and purpose are currently hiring for a Risk and Compliance Coordinator on a 12-month fixed term basis. This will role offer flexible working with 2 days a week in the office and early finishes in the summer.
As Risk and Compliance Co-ordinator you will provide a centralised client and matter inception service to clients engaging the firm. You will deal with client on-boarding and day to day general queries. You will ensure that tasks are dealt with in a timely and efficient manner. Where required, you will escalate to a relevant Risk & Compliance team member.
You will maintain an up to date knowledge and understanding of the company's internal policies and procedures for client inception and carry out database administration responsibilities.
Key Responsibilities as Risk and Compliance Coordinator include:
Reviewing and processing client and matter inception documentation to ensure new clients and matters are opened in a timely and efficient manner
Conducting electronic searches and assessing the client due diligence (CDD) / enhanced due diligence (EDD) requirements for individual clients
Drafting appropriate client due diligence requests for the fee earners. Liaising with fee earning and support team members, as necessary
Escalating complex AML issues to the Risk & Compliance Manager
Making sure all the AML documentation and records are kept up to date and filed promptly
Developing and maintaining a good understanding of anti-money laundering and financial crime legislation, and a comprehensive understanding of client due diligence requirements
Maintaining a comprehensive understanding of how to explain and identify who an ultimate beneficial owner is for each of the firm's client types
Providing guidance to staff across the business in respect of anti-money laundering and financial crime, and escalating more complex issues and queries to more senior members of the Risk team
Carrying out client due diligence on a full range of clients
Carrying out online searches of the firm's supplier databases to identify whether a client is a politically exposed person (PEP) or special interest person (SIP), or whether they are subject to sanctions of the subject of any adverse media which could be of concern to the firm.
Carrying out conflicts searches for all new and existing clients and matters across the firm
Ensure that all conflicts are managed in a timely and efficient manner
Profile of Candidate:
AML Conflicts and onboarding experience
Prior experience working in a Legal/Law environment
