Risk and Compliance Assistant

Risk and Compliance Assistant

• Location: Guildford
• Job Type: Permanent, Full Time, Office Based
• Salary: Circa £35,000 per annum (depending on experience)

Join a pioneering. modern law firm that values a balanced approach to work, ensuring our lawyers and clients receive the best care and service. We are looking for a Regulatory/Risk and Compliance Assistant to enhance our compliance with AML regulations and other regulatory requirements, contributing to our firm's integrity and adherence to legal standards.

Day-to-day of the role:

• Compliance Monitoring: Conduct regular reviews of client files and transactions to ensure compliance with AML regulations and report any suspicious activities.
• Client Due Diligence: Perform thorough due diligence checks on new and existing clients to assess risk levels and verify identities.
• Regulatory Research and Analysis: Stay updated on changes in AML and other regulatory requirements, conducting research and providing summaries.
• Record Keeping and Documentation: Maintain accurate records of AML-related activities and prepare regulatory reports.
• Training and Awareness: Develop AML training programs and provide ongoing support to colleagues on compliance matters.
• Internal Collaboration: Work closely with the Compliance team and other departments to address compliance issues and foster a culture of compliance awareness.
• Audit and Examination Support: Assist in preparing for audits and regulatory examinations related to AML compliance.
• Risk Assessment: Identify and evaluate risks, assisting in developing mitigation strategies.

Required Skills & Qualifications:

• Qualifications: Undergraduate degree (preferably in law) or legal qualification.
• Experience: Previous experience in a regulated firm, ideally a law firm.
• Knowledge: Familiarity with the SRA Standards and Regulations and SRA Codes of Conduct.
• Skills: Strong analytical skills, excellent attention to detail, and effective communication skills.
• Software Proficiency: Proficient in MS Software and relevant databases.
• Attributes: Ability to work independently, manage multiple tasks, and uphold ethical standards.

Benefits:

• Private medical and life assurance.
• Pension via NEST and cycle to work scheme.
• Free breakfast, lunch, snacks, and drinks from our onsite Bistro.
• Free onsite gym with access to a Personal Trainer.
• 22 days annual leave, increasing annually to a total of 27 days.
• Christmas closure pay and Occupational Health.
• Many free company events.

Application Process:

To apply for the Regulatory/Risk and Compliance Assistant position, please submit your CV and a cover letter detailing your relevant experience and qualifications to Mark Watts at Reed, your local legal recruitment expert. We look forward to welcoming you to our innovative team!