Compliance Assistant recruitment
Top 20 International Law firm is looking for an Compliance Assistant to join their rapidly growing global compliance team. This position is comprised of 2 areas - Client Approval and Intake and Retainers. AML experience is essential.
There are two aspects to this position the first is the Client Approval and Intake side. This will involve carrying out initial due diligence on new clients using a variety of different research tools (such as Companies House) and assist the fee earners and PA's with the client approval process. You will be analysing responses and doing further research to ensure you are providing the approval Partner with a clear understanding of any potential issues that relate to the new client and liaising with the other teams to ensure an efficient process for the fee earners and PA's.
The second element of the position is working with fee earners and secretaries to request that a retainer needs to be set in place to cover their advice and chasing where this remains outstanding. You will then need to check the retainer to see which type has been sent and if it is consistent to the accounting system ensuring the clients and advice are correct. Finally you will need to save the retainers into a central repository and providing information when requested.
They are looking for someone who is articulate and confident when dealing within Fee Earners, Partners and Secretaries as you will be doing so on a regular basis. You will need to be educated to degree level and/or qualified in KYC/Compliance and have previous experience in a professional services environment in this field for one/two years to be eligible for this position. You will need a strong knowledge and understanding of the Money Laundering Regulations 2007.