Senior Risk and Compliance Analyst

Boodle Hatfield LLP is a highly successful London law firm with a heritage spanning almost 300 years advising wealthy families, property investors, landed estates, entrepreneurs and family businesses. Today, much of our work has an international dimension as many internationally mobile clients turn to us to help them structure and preserve their wealth or to advise them on their property investments and business activities in the UK. 

The Firm operates through five departments - private wealth, property, corporate, litigation and family – and has a strong focus on key sectors including Arts and Luxury assets; Middle East, Family Offices, Family Businesses and Entrepreneurs from offices in London (Bankside and Mayfair) and Oxford. 

We have a modern and agile approach which enables us to balance maintaining long standing relationships with clients and an entrepreneurial attitude to attracting new clients.

This is a position for a Risk and Compliance Analyst or Senior Risk and Compliance Analyst to join the Risk and Compliance team.  The successful candidate will work closely with the Risk and Compliance Manager and other team members to help ensure that the firm complies with relevant regulations, particularly in relation to new client and matter take-on procedures.

The successful candidate will report directly to the Risk and Compliance Manager and will share responsibility with the other team members for the following:

Anti-money laundering (AML) checks

• Review AML documentation in line with the firm's policies and complete risk assessments on new and re-opened clients and matters
• Advise fee earners on the firm's AML requirements
• Conduct research in relation to AML checks and use online systems to verify clients' identities and run background checks
• Conduct ongoing monitoring of clients and enhanced client due diligence checks for higher risk clients
• Assist the Risk and Compliance Manager with team training and supervision of the junior analysts within the team, including first-line escalation of issues

Client and matter management

• Run and review conflict checks
• Monitor the Compliance team inbox and respond to queries
• Run sanctions checks and respond to sanction list alerts
• Monitor engagement letter compliance and respond to daily reports
• Complete client and matter records maintenance e.g. updating outdated records and advising on firm policy in relation to this

Risk and Compliance

• Advise staff on the firm's compliance policies and best practice
• Conduct new joiner and other ad hoc training for staff on the firm's compliance policies and procedures
• Maintain compliance registers (e.g. undertakings)
• Assist the Risk and Compliance Manager with ad hoc projects and provide cover where necessary
• Assist with any other duties that might be reasonably assigned to the role

Experience

• Minimum 3 years' experience in a previous legal Risk and Compliance role
• Extensive AML experience and understanding of conflicts of interest

Skills and attributes

• Excellent understanding of compliance rules in a law firm, including SRA requirements
• A proven ability to work well in a team, with a willingness to cover for other team members where appropriate
• Adopts a methodical and structured approach to work
• The ability to balance responsibility for routine day-to-day tasks with ongoing project work
• A quick learner, able to use initiative and make sensible judgements when deciding whether or not to escalate issues
• Excellent attention to detail
• Professional, diligent and responsible attitude
• Ability and desire to work to high standards
• Strong communication and interpersonal skills
• Proficient in the use of MS Office
• Previous experience with office databases and systems

Boodle Hatfield is committed to providing equal opportunities in employment through its inclusive and supportive environment. This means that everyone who either applies to or works for the Firm is treated equally, whatever their gender, age, ethnic origin, nationality, marital status, disability, sexual orientation or religious beliefs.  We are fully committed to a working environment in which all people can excel.