Compliance Analyst (VA549)

We are seeking a Compliance Analyst to join the Compliance team based in our Southampton office, providing support for our Cayman Islands team.

The post holder will be responsible for the administration of the client take-on process including obtaining relevant customer due diligence documentation to provide support and assistance to the Partners and Fee Earners for the law firm and Corporate Services in meeting their obligations under the Cayman Islands AML / CFT legislation.

Key duties include, but are not limited to:

• Daily processing of new Carey Olsen Cayman Islands matters on a priority basis following clarification from the firm's Partners / FE's in relation to the scope of matters by establishing who is the client and, where the client is not an individual, who are the beneficial owners and/or controllers of the client
• Establishing what Due Diligence is required to satisfy Carey Olsen's regulatory obligations as outlined within Carey Olsen's policies and procedures
• Reviewing of Due Diligence already held to ensure that the Due Diligence is up to date and relevant
• Maintaining and enhancing working relationship with the Partners and Fee Earners and other departments through regular and effective communication across all available means, face to face, telephone, and E Mail
• Undertaking open-source searches via independent intelligence databases for all parties to the matter and taking appropriate actions driven by the search results in line with Carey Olsen policies and procedures
• Updating the data management systems accurately to allow for ongoing sanctions screening
• Ensuring that the electronic filing system is maintained correctly including maintaining the central database for the storing of CDD
• Providing support to the Senior Compliance Analyst as required
• The post holder will be required to participate in various compliance-related projects, working collaboratively with other team members and, in some instances, taking the lead

Candidates will have:

• Experience within a CDD / anti money laundering role, with a good knowledge of AML / CFT legislations is required
• Excellent academic credentials and / or experience of working in a professional services environment
• A University degree is required
• Good knowledge of Microsoft applications, particularly Excel and Word
• A strong desire to grow and develop a deeper understanding of the compliance field is essential
• Excellent interpersonal and communication skills are essential

This is a full time role, the successful candidate will work 35 hours per week with 60 minutes for lunch.

Please click "Apply for this job" to submit an application.