Risk and Compliance Assistant
Risk and Compliance Assistant Location: GuildfordJob Type: Permanent, Full Time, Office BasedSalary: 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!
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