Junior Compliance Analyst

Junior Compliance Analyst

Roles & Responsibilities :

Review submitted New Business Intake forms. Ensure CDD has been gathered to the appropriate standard for new client registrations, including those clients for whom enhanced due diligence is required. Conduct a degree of personal research from public sources, which involves a familiarization with a wide array of potential sources, including company registries, stock exchange websites, financial and legal regulators' websites, company search providers and external databases. Liaise with lawyers, assistants, and research teams to obtain any remaining CDD information. Where appropriate, liaise directly with the firm's clients regarding CDD requirements. Document the evidence obtained during the CDD process in a clear and concise manner. Ensure CDD has been gathered to the correct standard in order to approve alterations in the client name or registered address, reactivate inactive clients or alter the CDD standard setting. Liaise with the Financial Information Resource Management (FIRM) team to update client records, including client names and registered addresses, CDD status and current / inactive status. 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 CDD policy. Investigate co-client related party checks to ensure that new matters for existing clients are registered correctly and gather CDD for those related parties where necessary. Liaise with Business Team departments, notably the Finance, Knowledge, Conflicts, and IT departments. Utilize 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. Conduct personal research and liaise with fee earners and support staff in order to allocate a relevant industry code to each new client. Maintain the firm's politically exposed persons databases. Participate in administrative projects under the supervision of more senior Compliance team personnel. Participation in the firm's global Responsible Business program. All other additional duties as assigned As the Junior Compliance Analyst becomes more experienced, he / she may : Participate in the Retrospective Review project, which involves conducting CDD to the current standard on all active clients of the firm registered prior to the implementation of the UK Money Laundering Regulations 2007 or refreshing the CDD held for clients registered since the implementation of the Regulations. Prepare and deliver presentations to the wider Compliance team on a variety of topics, including detailed investigations into unusual company structure types, refresher presentations on team precedents and procedures and new available sources

Qualifications Required Skills :

Must possess excellent organizational and communication skills. Strong computer skills, including Microsoft Suite and internet research. Must be responsible for completing tasks and following through with the resolution of issues. Ability to juggle various assignments, produce accurate documents in a fast-paced, deadline-oriented environment. Solid interpersonal skills, professional presentation, and the ability to interact well with all internal and external personnel. Demonstrated ability to meet obligations with confidentiality, integrity and sensitivity. Must deliver high quality client service to our internal customers. Knowledge and proficiency in second language desirable