Client Onboarding Analyst

Salary £38,000.
A Law firm, in London are looking for a Client Onboarding Analyst to join their risk and compliance team. The role will provide a centralised client and matter inception service to clients engaging the firm.
Responsibilities will include:
Client Inception
Reviewing and processing client and matter inception documentation.
Assessing whether a client, own interest or confidentiality conflict exists in a new or existing matter.
Conducting electronic searches and assessing the client due diligence (CDD) / enhanced due diligence (EDD) requirements for individual clients.
Drafting appropriate client due diligence requests for the fee earners.
Conducting searches, analysis and risk assessment related to AML.
Ensuring all AML queries are managed in a timely manner
When required, escalating complex AML issues to the Risk & Compliance Manager.
Anti-money laundering
Responsible for developing and maintaining a good understanding of anti-money laundering and financial crime legislation, and a comprehensive understanding of client due diligence requirements.
Responsible for maintaining a comprehensive understanding of how to explain and identify who an ultimate beneficial owner is for each of the firm’s client types.
Providing guidance to staff across the firm in respect of anti-money laundering and financial crime, and escalating more complex issues and queries to more senior members of the Risk team.
Responsible for maintaining a good knowledge of potential red flags regarding the client and work types across the firm and the jurisdictions within which the firm’s clients are based.
Carrying out client due diligence on a full range of clients, including analysing documents provided by clients and advising whether further information or enhanced due diligence is required.
Using a number of different databases to obtain due diligence material and developing a schedule of reliable sources for CDD materials.
Carrying out online searches of the firm’s supplier databases to identify whether a client is a politically exposed person (PEP) or special interest person (SIP), or whether they are subject to sanctions of the subject of any adverse media which could be of concern to the firm.
Conflicts of Interest
Carrying out conflicts searches for all new and existing clients and matters across the firm
When required escalate complex conflict issues to the Risk & Compliance Manager for resolution
Ensure that all conflicts are managed in a timely and efficient manner
Ensuring appropriate information barriers are created, amended and maintained, whilst ensuring any issues arising out of the information barrier process are flagged to a more senior members of the team.
Skills and Experience
Some experience of handling completing conflict searches and ideally AML enquiries too, in a legal environment
A genuine desire in developing a career in risk and compliance
Ability to identify the client due diligent requirements of corporate and individual clients
A good understanding of the SRA Standards and Regulations, in particular Rule 6 (Conflict of Interest and Confidentiality).
A sound, robust knowledge in researching, analysing and providing tailored solutions to conflicts of interest
Experience of and being comfortable working with case management and other systems.
We're also looking for someone with a client-centric approach who is a team player.
This is a full time, permanent position with hybrid working of 2 days in the office, 3 from home.
The firm and team are very supportive and encourage and enable people to develop in their careers with the firm.
Salary - circa £38,000.
If you would like further information or a discussion please contact Rowena Bubb of Lewis Row Recruitment on 07743 590192 or #####
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