Senior Risk & Compliance Assistant

BDB Pitmans

  • London
  • Permanent
  • Full-time
  • 21 days ago
We are BDB Pitmans, recognised for our market-leading expertise in infrastructure. We also specialise in real estate, energy, technology, transport as well as corporate and commercial matters, private wealth, employment, and public and charity law.With offices in London, Cambridge, Reading and Southampton, we have a team of over 420 experts dedicated to making a clear and positive difference, with the legal precision we are known for.At BDB Pitmans, we care about helping shape what’s important to people and society. Working constructively with our colleagues and clients and by explaining things clearly in a friendly and approachable way.ED&IAt BDB Pitmans, our commitment to equity, diversity, and inclusion sits at the heart of who we are as a firm as we are passionate about ensuring we create a work environment where everyone feels safe, respected, and fully supported to be themselves. Our ED&I work, though, goes beyond how we work with our colleagues. Our firm values – we act with respect, we work in partnership, and we find solutions – are deeply embedded in ED&I principles, and heavily inform how we approach client relationships, as well as external partnerships.
The teamThe Risk Department is responsible for the administration of the firm's risk and compliance procedures. They look after anti-money laundering issues and run the firm's file review programme and Lexcel assessment each year.
The opportunityAnti-Money Laundering
  • Develop and maintain a comprehensive understanding of the firm’s anti-money laundering policies and procedures.
  • Ensure you are up to date with prevailing AML regulations and helping the AML Manager ensure any changes to the regulations or supporting guidance are adhered to by BDB Pitmans.
  • Assist with preparations for regulatory inspections.
  • Assist the AML Manager in monitoring compliance of the firm’s risk procedures for all new clients and matters. This will include: -
  • Checking and processing Customer Due Diligence (CDD) for new and existing clients, including where applicable Source of Funds and High-Risk client forms.
  • Conduct screening to identify politically exposed persons (PEPs), sanctions concerns, and other regulatory and reputational risks
  • Responding to and resolving AML queries from colleagues in the fee earning teams and assisting the AML Manager with the same.
  • Communicating to fee earners the firm’s client identity verification and source of funds verification requirements. Liaising with clients on complex AML matters.
  • Profiling and organising client KYC in the correct manner.
  • Conducting ongoing monitoring on existing clients.
  • Lead on the preparation of training materials, including delivery of training to new and existing staff members.
  • Act as a mentor to more junior members of the team, providing support when required.
Compliance
  • Assist with running conflict checks and analysing the results according to the firm’s Conflicts Policy, including escalating where applicable and following the correct protocol.
  • Assist with other compliance related projects as and when required.
Who we are looking forKnowledge/Qualifications
  • Undergraduate degree or above is preferred.
  • Good legal knowledge
  • Good risk & compliance knowledge
Experience
  • Good knowledge of Microsoft Office (Excel, Word, Outlook).
  • Good use of written and oral English.
  • Excellent inter-personal skills and the ability to communicate clearly and effectively with varied parties, internal and external.
  • Strategic thinking and decision making abilities.
  • Experience of working with various levels of personnel to deliver agreed outcomes within agreed timescales.
  • Previous office/administration experience
  • Previous work experience in law, compliance or AML preferred.

BDB Pitmans