Trainee Compliance Analyst

The role

Your role is to provide support to the Client & Matter Inception teams part of a centralised team. This will include undertaking Anti-Money Laundering (AML) / Client Due Diligence (CDD) checks on new and existing clients, conflict of interest checks, on-going client monitoring, sanction and PEP checks and assisting with other risk management and on-boarding procedures.

In this position you will be given the unique opportunity to gain the training, knowledge and experience required to develop a career in legal risk and compliance.

The team

The risk & ethics directorate is responsible for all areas of compliance and risk management for Shoosmiths including developing firmwide policies and procedures to ensure compliance with all legal and regulatory compliance requirements, and to promote best practice. The Central Compliance Unit is a core part of the firm’s risk strategy with overall responsibility for client/matter inception as well as offering guidance in other areas of risk and compliance.

The firm

Shoosmiths is the law firm clients choose for excellent service, incisive thinking and above all for our ability to focus on what matters. From offices across the UK and Brussels, we support some of the world’s most exciting and ambitious businesses; amazing clients making an impact. We empower our people to be their authentic selves and deliver together in supportive teams committed to excellence and innovation. The first top 50 law firm to achieve ‘Platinum Standard’ Investors in People, our values and culture are not just words on our website but are the heartbeat of the firm.

We have an outstanding benefits package to complement our competitive remuneration system. In addition to the competitive salaries, great working environment and high-quality work, we believe that all staff should be rewarded for their commitment to the continued success of the firm through a comprehensive and flexible range of benefits.

To discover more about our benefits, please visit: Benefits Package

Main Responsibilities

The Trainee Compliance Analyst will receive training and support to develop and become competent in completing the following responsibilities:

• Reviewing new client and matter information ensuring satisfactory details are provided by the Partners/Legal Advisors/PAs and asking for further information as necessary
• Reviewing the CDD and undertaking research or obtaining further information
• Analysing the CDD results and escalating AML issues to the Specialists/Team Manager as required
• Conducting conflict of interest checks using the firm's databases
• Analysing conflict of interest search results and escalating conflict issues to the Specialists/Team Manager as required
• Following up with practice teams or other employees when seeking information or conflict resolution from other stake holders around the firm
• Ensuring that all client inception processes are carried out in a timely manner
• Recording information, as required, for compliance and auditing purposes
  
  

This job description encompasses the main duties expected of the role but the successful candidate may be involved in all areas of risk management from time to time according to the needs of the directorate.

Skills And Qualifications

• Good written, numeracy and oral communication skills
• Accuracy and attention to detail
• Able to prioritise, be organised and efficient
• Flexible and able to adapt to change, cope with new practices and cope under pressure
• Able to recognise when to seek assistance
• Able to work well within a team and able to work on your own initiative, where appropriate
• Friendly and helpful approach
  
  

Equal opportunities

Our approach to our people is underpinned by our approach to diversity, inclusion and well-being. Our ambition is to build a diverse and ambitious workforce that reflects all backgrounds and talents, and a workplace that is supportive and inclusive, recognises and nurtures talent, and has a strong sense of community between colleagues.

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.