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Job Title
Junior Compliance Officer
Department
New Business Conflicts and Compliance
Office Location
London
Reports To
Compliance Supervisor
Working Hours
35 hours per week, 9:30am to 5:30pm but additional hours may be required. We are happy to consider agile and flexible working patterns. Our approach to hybrid working allows for up to 40% of time working from home and 60% working in the office, please contact a member of the recruitment team to discuss further.
Firm Description
Hogan Lovells is one of the leading global law firms. Our distinctive market position is founded on our exceptional breadth of our practice, on deep industry knowledge, and on our 'one team' global approach. Formed through the combination of two top international law firms, Hogan Lovells has over 40 offices in the Americas, Asia-Pacific, Europe, the Middle East and Africa.
With a presence in the world's major financial and commercial markets, we are well placed to provide excellent business-oriented advice to our clients locally and internationally. Our people are the key to our success, which is why we seek to recruit and retain the most talented individuals in all regions of our global practice.
Role Overview
The role of a Junior Compliance Officer is primarily to conduct CDD on new clients and ensure that the relevant AML policies and procedures to which the firm adheres to are fulfilled at all times.
A Junior Compliance Officer will also be required to conducting ongoing monitoring on existing clients of the firm and assist with monitoring the mailbox on an ad hoc basis.
Key Responsibilities / Accountabilities
Client Research
All members of the firm participate in our Responsible Business program.
Person Specification
Qualifications, Skills and Experience
Desired Qualification and Experience
Our goal is to embed flexibility across our business by giving everyone the opportunity to work in an agile way, whether as a regular pattern or on an ad hoc basis, and we will be happy to discuss this further.
Equal Opportunities Employment Statement
It is the policy of Hogan Lovells to provide equal opportunities for all employees in relation to recruitment, training and promotion. Decisions in these areas will be made only by reference to the requirements of the job and shall not be influenced by any consideration of racial or ethnic origin, religion, sex , gender and gender identity, age, sexual orientation, marital and civil partnership status, pregnancy or disability.
Job Title
Junior Compliance Officer
Department
New Business Conflicts and Compliance
Office Location
London
Reports To
Compliance Supervisor
Working Hours
35 hours per week, 9:30am to 5:30pm but additional hours may be required. We are happy to consider agile and flexible working patterns. Our approach to hybrid working allows for up to 40% of time working from home and 60% working in the office, please contact a member of the recruitment team to discuss further.
Firm Description
Hogan Lovells is one of the leading global law firms. Our distinctive market position is founded on our exceptional breadth of our practice, on deep industry knowledge, and on our 'one team' global approach. Formed through the combination of two top international law firms, Hogan Lovells has over 40 offices in the Americas, Asia-Pacific, Europe, the Middle East and Africa.
With a presence in the world's major financial and commercial markets, we are well placed to provide excellent business-oriented advice to our clients locally and internationally. Our people are the key to our success, which is why we seek to recruit and retain the most talented individuals in all regions of our global practice.
Role Overview
The role of a Junior Compliance Officer is primarily to conduct CDD on new clients and ensure that the relevant AML policies and procedures to which the firm adheres to are fulfilled at all times.
A Junior Compliance Officer will also be required to conducting ongoing monitoring on existing clients of the firm and assist with monitoring the mailbox on an ad hoc basis.
Key Responsibilities / Accountabilities
Client Research
- Review New Business Intake forms submitted by the International LLP.
- Ensure CDD has been gathered to the appropriate standard for all new client registrations, including those clients for whom enhanced due diligence is required.
- Conduct a degree of personal research from public sources including:
- Familiarisation with a wide array of potential sources such as company registries, stock exchange websites, financial and legal regulators' websites, company search providers and external databases.
- Liaise with legal staff, support staff and research teams to obtain any outstanding CDD information.
- Liaise with Hogan Lovells support departments, notably the Finance, Research, Conflicts and also Personal Assistants.
- Where appropriate and where asked to, liaise directly with the firm's clients regarding CDD requirements.
- Document the evidence obtained during the CDD process in a clear and concise manner.
- Conduct risk rating reviews on clients taking into account the information gathered during the CDD process including research relating to ongoing investigations (adverse press) against certain clients and determining whether a risk level of a client may be lowered or should be raised.
- Utilise external subscription databases to screen clients, their directors and shareholders in order to identify PEPs, influential persons, presence on Sanctions lists, criminal activity and adverse press. Escalate these issues where appropriate.
- Investigate co-client related party checks to ensure that new matters for existing clients are registered correctly and gather CDD for those related parties when necessary.
- Obtain verify and record clients EC VAT numbers when necessary.
- Review adverse press generated on the firm's existing clients. Discount false positive hits or escalate serious hits to the firm's General Counsel's Office and the relevant fee earner.
- Ability to work independently with assistance required from senior team members only in rare cases.
- Ensure that CDD is updated to the appropriate standard, including an enhanced level of due diligence where required.
- Update and maintain 3E, including client names and addresses.
- Assist in maintaining the firm's PEP databases.
- Provide advice and guidance to partners, fee-earners and support staff in relation to the requirements of Compliance legislation and the interpretation and application of the firm's AML/CDD policy.
- Participate in administrative projects under the supervision of more senior team members.
- Prepare and deliver presentations to the wider Compliance Team on a variety of topics under the supervision of more senior team members.
All members of the firm participate in our Responsible Business program.
Person Specification
Qualifications, Skills and Experience
Desired Qualification and Experience
- Previous work experience, including any part time work.
- Compliance/AML experience
- Bachelor's degree, LLB or equivalent
- Microsoft Office.
- Knowledge of a centralised/ shared services environment.
- Excellent oral and written communication skills.
- Strong organisational, administrative and time management skills.
- Commercial awareness.
- Ability to handle queries efficiently with diplomacy and tact.
- Ability to follow instructions precisely.
- Adapting and responding to change.
- Strong work ethic with an inherent sense of urgency.
- Delivering results and meeting business expectations.
- Working with others.
- Delivering through others.
- Must be able to handle pressure, setbacks and a high level of stress.
- Must be able to communicate proficiently with global stakeholders, including colleagues based in international offices.
- Must be able to work to deadlines.
- Must be able to maintain strict adherence to confidentiality policies.
- Must have clear criminal and credit records.
Our goal is to embed flexibility across our business by giving everyone the opportunity to work in an agile way, whether as a regular pattern or on an ad hoc basis, and we will be happy to discuss this further.
Equal Opportunities Employment Statement
It is the policy of Hogan Lovells to provide equal opportunities for all employees in relation to recruitment, training and promotion. Decisions in these areas will be made only by reference to the requirements of the job and shall not be influenced by any consideration of racial or ethnic origin, religion, sex , gender and gender identity, age, sexual orientation, marital and civil partnership status, pregnancy or disability.