Financial Crime Advisor - London, United Kingdom - Walkers Global

Walkers Global

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

THE FIRM

Walkers is a leading offshore law firm providing legal, corporate and fiduciary services to global corporations, financial institutions, capital market participants and investment fund managers.

We advise on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Ireland.

At Walkers, our people are our greatest asset.

They form our culture, make us stand apart from our competitors and are the reason why our clients choose to do business with us.

We have an abundance of talented people in the firm, which makes for a high-performing but also friendly environment.

Equality and diversity are key to our global identity and an integral part of our goal to be employer of choice.

The Risk and Compliance team provide support to the global business in ensuring that the firm meets and maintains the highest standards in professional conduct and quality, and adheres to its legal and regulatory requirements.

The team operates across 3 regional hubs:
(1) Europe, (2) Asia and Middle East, and (3) the Americas and is led by the firm's General Counsel, Chief Risk and Compliance Officer ("GC") based in the London office.

The team is structured as follows:
- a compliance team which supports Walkers Professional Services (WPS) (which provides corporate and fiduciary services);
- a risk and compliance team which supports the law firm on all risk and compliance matters, including and not limited to new business intake, anti-money laundering and counter-terrorist financing, conflicts and data protection; and
- an In-house counsel team which supports the business on all contractual matters, insurance and claims, governance and other related matters.

THE ROLE
This is an exciting opportunity to join a new team within our Risk and Compliance team.

We have established a Financial Crime advisory team, which sits within the Risk and Compliance team, and which will support the Group in adhering to AML/CTF, sanctions, anti-bribery and other financial crime laws in the jurisdictions in which the Group operates.

The team will ensure, among other things that our policies, procedures and risk appetites evolve with the changing regulatory landscape.

The Senior Financial Crime Advisor will work closely with the Head of Risk and Compliance and Senior Financial Crime Manager to strengthen a global approach to financial crime compliance, developing policies and procedures and training.

The role will be a point of contact for sanctions queries, assisting colleagues within Risk and Compliance with sanctions analysis, and will also assist in maintaining for the Group Compliance Financial Crime Control Framework, including but not limited to anti-money laundering, anti-bribery & corruption, fraud, tax evasion and financial crime investigations.

The Financial Crime Advisor will support on global initiatives and projects, including assisting with responses to internal audits and regulatory inspections, training & communications and policy drafting.

Knowledge of the applicable regulatory regimes covered by the Group is required.

Full training will be provided but the successful applicant will be expected to supplement this with independent reading of the regulations and remain up to date on the regulatory changes.

The role can be based in the London office or be fully remote, however the successful applicant will occasionally be required to travel to other offices when necessary.

DUTIES AND RESPONSIBILITIES

Monitor developments in AML/ CTF, antibribery, financial crime and sanctions legislation, and regulatory updates in connection with the same in each jurisdiction, providing updates for the Risk and Compliance team and MLROs/ DMLROs in each office;
Assist in handling ad hoc queries from the Group and the wider Risk and Compliance team. Liaise with relevant teams in relation to issues identified during ongoing monitoring processes at the firm and support on continuous improvement initiatives;
Support the Head of Risk and Compliance and Senior Financial Crime Manager on the roll out and implementation of the Group Compliance Financial Crime Framework, including the implementation of policies & procedures, robust screening controls, the sanctions reporting framework and the delivery of training to the Risk and Compliance team and the Group;
Be a first point of escalation for all sanctions queries;
Lead on financial crime investigations, supporting the MLROs across the Walkers network;
Assist the Senior Financial Crime Manager with responses to internal audit reports and regulatory inspections, including carrying out ad hoc file reviews to ensure any process improvements are being adopted;
Assist with regulatory filings;
Provide support on new client and new matter intake as required; and
Provide support on any global compliance projects affecting the Group as required by the GC, Head of Risk and Compliance and Director of Compliance for WPS.

KNOWLEDGE AND EXPERIENCE
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