Head of Financial Crime - London, United Kingdom - bakermckenzieuk

bakermckenzieuk
bakermckenzieuk
Verified Company
London, United Kingdom

1 month ago

Tom O´Connor

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Tom O´Connor

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Description

Role Purpose


To provide specialist advice and support to the London Office of Baker McKenzie (the "Firm") (MLCO, MLRO, Partners, lawyers, and business services professionals) on all aspects of financial crime regulations, including AML and Sanctions advice.


We are looking for applicants who are either currently engaged as a Financial Crime lawyer, Head of Financial Crime, or equivalent, or working as a private practice financial crime/financial services Associate and looking for an alternative career path.

In all cases, a good understanding of the types of clients, transactions, and matters being advised upon by an international firm and a good working knowledge of new business intake/onboarding controls and processes are key.


The successful applicant will work closely with the Risk & Compliance team, the Firm's MLRO and MLCO as well as the Firm's Partners and the global AML and New Business Intake team.


The Risk & Compliance team is led by the General Counsel/Head of Risk & Compliance/MLCO, and comprises one Senior Risk Lawyer, two Risk Lawyers, an AML Compliance Manager, a Deputy AML Compliance Manager a team of AML Analysts, a Paralegal, and one PA.


Main Responsibilities

  • Responsible (in collaboration with the MLCO) for oversight, review, and refresh of the Firm's AML and Sanctions policies, controls, and procedures
  • Responsible (in collaboration with the MLCO) for oversight, review, and refresh of the Firm's Firmwide Risk Assessment
  • Keep up to date with developments in financial crime laws and legal sector guidance and ensuring the Firm's PCPs are updated in line with the same
  • Support the MLCO with evaluation and advice in respect of reputational risk issues presented by highrisk new and existing clients and matters
  • Support the MLRO with analysis of internal suspicious activity reports (SARs) and assisting with drafting SARs for submission
  • Assist the MLCO and MLRO with responding to requests for information from law enforcement (production orders) and regulatory requests from the SRA
  • Lead on the instruction of the Firm's regular independent AML audit and the implementation of recommendations provided by the auditor
  • Responsible for designing, leading, and supporting the AML team with the delivery of the programme of AML/Sanctions training the Firm and the AML team
  • Work with the Firm's global AML and NBI teams to share knowledge, work on Europeanwide projects, and support compliance with good practice across the global Firm

About The Team

Function
The London Risk & Compliance team has a wide remit, including fulfilling the following functions:

  • Firm risk management
  • Legal, regulatory, and policy compliance
  • General Counsel and advisory
  • Partnership Secretariat
  • Business Protection
This role will report to the General Counsel/Head of Risk & Compliance/MLCO and MLRO.

The direct report of this role is the AML Compliance Manager.


The key relationships of this role are with the London AML team, London Risk & Compliance team, London office Partners, Managing Partner, fee earners, and business service professionals, Global AML and NBI team.


Technical skills, qualifications and experience

  • Qualified lawyer with approx. 5+ PQE and experience operating as a Financial Crime lawyer, whether in Private Practice or within a Law Firm environment
  • Background/experience in a City/international law firm and/or leading regional firm environment
  • Ability to work well in a team environment whilst building excellent working relationships with other departments and stakeholders across the office
  • Commercially minded with experience in drafting policies and advice with good attention to detail and commercial judgment
  • Strong academic background and written and oral communication skills
  • Confidence in working with and advising Partners/senior stakeholders across the Firm including globally
  • Confidence in public speaking to a range of audiences
  • Show respect and enjoy the diversity of cultural, social, and academic backgrounds found in the Firm

Personal qualities
These personal qualities represent the shared characteristics of high performers across Baker McKenzie, regardless of job level and location.


Know how

  • Demonstrates the ability to identify the real issue, and to anticipate requirements and potential consequences; distills a range of possibilities by thinking in a considered, prudent manner
  • Has the capacity to take on new ideas and develop knowledge and think holistically about business and address media, analyst, employee, and client audiences
  • Able to move through a variety of tasks requiring different approaches, knowledge, and expertise, with the agility of mind and capacity for analysis and synthesis

Dedication

  • Driven by a strong personal sense of integrity and upholds exemplary quality standards
  • Prepares thoroughly, takes responsibility, uses initiative and is self reliant to ensure work progresses to the fullest extent possible
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