Senior Risk and Compliance Analyst

Boodle Hatfield has been providing practical advice to businesses and individuals for 300 years. Our clients come from a wide range of sectors, both in the UK and internationally, and include some of the most well-established owner-managed businesses and property companies as well as fast-growing entrepreneurial enterprises and ultra-high net worth families. Our chief priority is helping our clients achieve their commercial objectives, whatever form their business takes.

Our approach is to become the long-term trusted adviser to leading wealth creators and owners as well as their commercial and investment enterprises. Having a holistic view of our clients' structures and affairs means we can leverage this to provide the most appropriate and commercial advice to them. This approach has enabled us, throughout our 300-year history, to help our clients successfully navigate the continually changing and sometimes challenging markets in which they operate.

With a history like ours, we know we are built to last. But this isn’t the time to rest on our laurels but instead a chance to reflect and build on our heritage. We are merely today’s custodians of the Boodle Hatfield name, and we want to create a legacy that our successors will be just as proud of.

To commemorate our 300 year anniversary, last year we rolled out an extensive programme of activities, each of which sowed the seeds for the future success of others – our local neighbourhoods, the wider legal profession, and of course our valued clients and our own team.

This is a position for a 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.

This is a varied role and the incumbent will continue to develop their knowledge and practical experience across a range of risk and compliance areas.

Responsibilities

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 Director and Risk and Compliance Manager with ad hoc projects and provide cover where necessary
• Act as a point of escalation for junior team members
• Assist with any other duties that might be reasonably assigned to the role

Experience

• Minimum 3 years' experience in a previous Risk and Compliance role
• Extensive AML experience, specifically risk assessment and partnering with Fee Earners to advise on risk management
• Understanding of conflicts of interest
• At least 1 year experience working in a law firm with a breadth of clients
• Prior exposure to more complex client and matter assessments

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
• Strong communication and interpersonal skills, applying a customer service approach to internal clients
• Approachable and supportive of junior team members
• Ability to advise and influence stakeholders
• A quick learner, able to use initiative and make sensible judgments when deciding whether or not to escalate issues
• Adopts a methodical and structured approach to work
• The ability to balance responsibility for routine day-to-day tasks with ongoing project work
• Excellent attention to detail
• Professional, diligent and responsible attitude
• Ability and desire to work to high standards
• 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.