Compliance Analyst

• Undertake conflict of interest checks for all new work to the Firm, using Intapp Conflicts to assess the risk of conflict with new and existing work.
• Discuss potential conflicts with relevant fee earners or Partners to reach conclusions on whether work should be accepted, considering the SRA and Law Society’s guidance on conflicts of interest as well as internal policies and client requirements.
• Always maintain client confidentiality when analysing potential conflicts, acting as a central point of contact for relevant stakeholders to reduce the risk of breaching confidentiality.
• Help ensure the Firm is comfortable acting in varied and complex circumstances and, if so, whether our internal controls have been adjusted to the appropriate level or risk presented by the client and retainer.
• Address any non-compliance in line with internal policies.
• Follow business acceptance procedures for all clients and work of the Firm and take proactive steps to help ensure that fee earning teams understood those procedures and are compliant. This may involve attending team meetings and committees.
• To liaise with fee earners and others within the Firm to make informed decisions about whether CDD requirements for new clients have been met and mitigate any risks that are identified in client or matter risk assessments
• To review and analyse CDD documents to ensure compliance with anti-money laundering regulations, identifying what is missing, seeking enhanced information, necessary and referring where necessary to TM or Risk. This will include advising on more complex CDD requirements such as identifying layered beneficial ownership.
• Work with Client Relationship Partners (CRP) to ensure AML reviews undertaken of existing clients are consistent with what we know about the client, their business and risk profile, and relevant information has been kept up-to-date.
• Use a range of company information databases and verification tools to conduct checks on potential clients and related parties.
• Be able to conduct source of funds and source of wealth reviews prior to TLT receiving transactional funds.

• Great research and analytical skills.
• Strong organisational skills and meticulous record keeping.
• Excellent communication skills and the ability to deal with people of all levels within the Firm.
• Ability to work well under pressure and to deadlines in a fast-paced environment.
• Accuracy and attention to detail when handling large data sets.
• Good IT skills.
• Legal qualification desired but not essential.
• The role would suit someone with previous experience of working in compliance for a law firm in the areas of conflict checking and CDD/KYC.
• A minimum of one year’s experience of conflict checking is required for the compliance analyst role. Individuals with less experience may be considered for the compliance assistant role.

TLT