Aml/conflicts Specialist - Birmingham, United Kingdom - Shoosmiths

Shoosmiths

Verified Company

Birmingham, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The firm A leading UK law firm with a network of offices from the South Coast to Scotland, working together as one national team.

An innovative practice and the first top 50 law firm to achieve "Platinum Standard" Investors in People, our values and culture are notjust words on our website but are the heartbeat of the firm.

The lack of barriers between departments, a real lack of hierarchy, zero tolerance for arrogance makes Shoosmiths a fantastic place to work.

The team Shoosmiths LLP is authorised and regulated by the Solicitors Regulation Authority (SRA) and is also recognised as a multi-national practice with the Law Society of Scotland which regulates Scottish activities.

We are also authorised and regulated by theFinancial Conduct Authority (FCA) to carry out financial services regulated activities, including but not limited to insurance mediation and investment services.

The role As a "Subject Matter Expert" to the centralised Client & Matter Inception team you will be responsible for undertaking and overseeing anti-money laundering (AML) /client due diligence (CDD) checks on new and existing clients, conflict of interest checks,on-going client monitoring, sanctions checks and assisting with other risk management procedures.

You will be the first point of contact for queries and escalations, and ensuring all actions carried out by the Client & Matter Inception team are conducted in a timely and efficient manner in accordance with all internal policies and procedures and in compliancewith regulatory and legal requirements.

This role can be based in either Belfast, Birmingham, Northampton, Manchester or Solent.

Main responsibilities

Take responsibility for the efficiency and delivery of the client inception process
Collaborating with the Partners/Legal Advisers/PAs within the Practice Groups to ensure accurate information about clients and matters is obtained
Manage all escalations in a timely manner, analysing the relevant issues and resolving the query or escalating as appropriate within the Quality and Risk Directorate
Reviewing new client and matter information ensuring satisfactory details are provided by the Legal Advisors/PAs and asking for further information as necessary, including from clients
Reviewing the CDD and undertaking research or obtaining further information
Analysing the CDD results and escalating AML issues to the 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 Team Manager as required
Following up with LAs/PAs or other employees swiftly when seeking information or conflict resolution from other stake holders around the firm
Recording information, as required, for compliance and auditing purposes

Skills and qualifications

Demonstrable knowledge/understanding of a regulatory/control environment
Track record of working within a regulatory/control environment
AML expertise, particularly the Money Laundering Regulations and CDD requirements
Knowledge of conflict of interest checks in any regulatory environment would be advantageous
Financial services related qualifications would be advantageous (e.g. IAQ or similar)

Performance Standard

Exceptional interpersonal & communication skills both verbally and written
Strong client relationship skills
Organised/structured & collaborative approach
Ability to work in a fastpaced and demanding environment
Focused on quality of output as well as speed of delivery
Excellent attention to detail

Backgrounds Checks
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, recognisesand 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.