Vacancy Name
Legal Compliance Analyst
Vacancy No
VN1561
Business
BASE
Dept Code
Governance Risk & Compliance
Employment Type
Full-Time
Location Country
United Kingdom
Description
About the role and who you'll be working with:
The Legal Compliance Analyst will be an integral member of the compliance team and the firm, working closely with the Compliance Manager and Assistant Compliance Manager in Europe and compliance teams of the organization globally to help ensure that the businesses are operating legally; both management and employees are in compliance with the rules and regulations of regulatory agencies, company policies and procedures are being followed and that displayed behaviour in the organisation meets and exceeds the firm standards of conduct and risk management.
What you'll be doing
The Legal Compliance Analyst will have a supportive and supervisory function and is integral to ensuring that procedures and protocols are followed reporting to the Compliance Manager and Assistant Compliance Manager to ensure that all client information is accurate and updated our database, full transparency of high risk relationships to senior management and the implementation of the compliance monitoring programme is effective to help mitigate against risks faced by the organization.
The role will also involve ensuring that management and employees are in compliance with the rules and regulations of regulatory agencies, company policies and procedures, and that behaviour in the organisation meets the minimum firm standards of conduct and risk management.
The Legal Compliance Analyst will get involved in a range of administrative, filing, screening and due diligence tasks to ensure accurate records of all relevant client entities is maintained and reviewed at all times.
Responsibilities:
• Assist management (Compliance Manager and Assistant Compliance Manager) to administer day-to-day tasks while monitoring, managing, and delegating tasks to the Compliance team by allocating resources effectively
• Conducting screening, research and background checks to identify PEPs, sanctions issues and other regulatory and reputational risks to prevent money laundering, tax evasion and any other illegal activities
• Drafting high risk and PEP client submissions for onward escalation to the Compliance Officer and Risk Committee for review and approval; ensure enhanced due diligence policies and procedures are followed
• Create and maintain a Team action tracker detailing all matters currently being worked on, future projects, legacy projects, monitoring progress to ensure completion in a timely manner and within agreed deadlines.
• Checking internal tracking systems and incoming emails for compliance requests and coordinate the compliance team as needed
• Perform CDD file review, monitor and report on progress
• Effectively deal with resourcing (e.g. when staff are out, planned or otherwise)
• Prepare suspicious transaction reports for external authorities if needed
• Involved in conflict check process
• Liaising with members of the staff across different teams, and third parties regarding general compliance matters
• Play a key role in communication between different global business units and team members
• Run training sessions as needed (Ad Hoc, Launch & Learn, Induction);
• Assist with the design and implementation and on-going maintenance of administrative processes;
• Ensuring that the compliance database is updated in a timely manner both in person and by the team
• Reporting to Compliance Manager and Assistant Compliance Manager on work in progress by running reports on a regular basis
• Running integrity data control reports such as UBO information, ad hoc data clean ups like name fields, gender, etc.
• Other compliance duties as assigned by senior management
Qualifications & Experience:
• Bachelor's degree in business administration, law, finance, compliance, corporate governance or relevant field
• Minimum of three (3) years' in similar roles, experience in the offshore legal industry will be an advantage.
• Working knowledge and understanding of sanctions regimes, PEPs and other high risk categories; understanding of complex structures and SPVs
• Highly computer literate - proficient in using Microsoft, Excel and PowerPoint; candidates with knowledge and experience using Intapp and Service Now will be highly advantaged.
This also applies to experience in using other Screening tools such as LexisNexis and Riskscreen
• Experience with management, Board and regulatory reporting is required
• A fundamental understanding of AML/CFT rules and excellent AML/CFT Training skills
• Excellent communication skills both written and verbal and organizational skills
• Self-motivated and able to work without close supervision
• Effective communicator, excellent interpersonal and people management skills
• Excellent time management skills with the ability to work under pressure and prioritise multiple tasks
Applications Close Date
24 Nov 2024
Legal Compliance Analyst
Vacancy No
VN1561
Business
BASE
Dept Code
Governance Risk & Compliance
Employment Type
Full-Time
Location Country
United Kingdom
Description
About the role and who you'll be working with:
The Legal Compliance Analyst will be an integral member of the compliance team and the firm, working closely with the Compliance Manager and Assistant Compliance Manager in Europe and compliance teams of the organization globally to help ensure that the businesses are operating legally; both management and employees are in compliance with the rules and regulations of regulatory agencies, company policies and procedures are being followed and that displayed behaviour in the organisation meets and exceeds the firm standards of conduct and risk management.
What you'll be doing
The Legal Compliance Analyst will have a supportive and supervisory function and is integral to ensuring that procedures and protocols are followed reporting to the Compliance Manager and Assistant Compliance Manager to ensure that all client information is accurate and updated our database, full transparency of high risk relationships to senior management and the implementation of the compliance monitoring programme is effective to help mitigate against risks faced by the organization.
The role will also involve ensuring that management and employees are in compliance with the rules and regulations of regulatory agencies, company policies and procedures, and that behaviour in the organisation meets the minimum firm standards of conduct and risk management.
The Legal Compliance Analyst will get involved in a range of administrative, filing, screening and due diligence tasks to ensure accurate records of all relevant client entities is maintained and reviewed at all times.
Responsibilities:
• Assist management (Compliance Manager and Assistant Compliance Manager) to administer day-to-day tasks while monitoring, managing, and delegating tasks to the Compliance team by allocating resources effectively
• Conducting screening, research and background checks to identify PEPs, sanctions issues and other regulatory and reputational risks to prevent money laundering, tax evasion and any other illegal activities
• Drafting high risk and PEP client submissions for onward escalation to the Compliance Officer and Risk Committee for review and approval; ensure enhanced due diligence policies and procedures are followed
• Create and maintain a Team action tracker detailing all matters currently being worked on, future projects, legacy projects, monitoring progress to ensure completion in a timely manner and within agreed deadlines.
• Checking internal tracking systems and incoming emails for compliance requests and coordinate the compliance team as needed
• Perform CDD file review, monitor and report on progress
• Effectively deal with resourcing (e.g. when staff are out, planned or otherwise)
• Prepare suspicious transaction reports for external authorities if needed
• Involved in conflict check process
• Liaising with members of the staff across different teams, and third parties regarding general compliance matters
• Play a key role in communication between different global business units and team members
• Run training sessions as needed (Ad Hoc, Launch & Learn, Induction);
• Assist with the design and implementation and on-going maintenance of administrative processes;
• Ensuring that the compliance database is updated in a timely manner both in person and by the team
• Reporting to Compliance Manager and Assistant Compliance Manager on work in progress by running reports on a regular basis
• Running integrity data control reports such as UBO information, ad hoc data clean ups like name fields, gender, etc.
• Other compliance duties as assigned by senior management
Qualifications & Experience:
• Bachelor's degree in business administration, law, finance, compliance, corporate governance or relevant field
• Minimum of three (3) years' in similar roles, experience in the offshore legal industry will be an advantage.
• Working knowledge and understanding of sanctions regimes, PEPs and other high risk categories; understanding of complex structures and SPVs
• Highly computer literate - proficient in using Microsoft, Excel and PowerPoint; candidates with knowledge and experience using Intapp and Service Now will be highly advantaged.
This also applies to experience in using other Screening tools such as LexisNexis and Riskscreen
• Experience with management, Board and regulatory reporting is required
• A fundamental understanding of AML/CFT rules and excellent AML/CFT Training skills
• Excellent communication skills both written and verbal and organizational skills
• Self-motivated and able to work without close supervision
• Effective communicator, excellent interpersonal and people management skills
• Excellent time management skills with the ability to work under pressure and prioritise multiple tasks
Applications Close Date
24 Nov 2024