Purpose of the role:
The principal purpose of this role is to undertake compliance monitoring in accordance with the task driven schedule outlined in the Compliance Monitoring Programme.
Responsibilities:
- Undertake compliance monitoring across the firm adhering to the timetable outlined in the Compliance Monitoring Programme
- Undertake compliance monitoring to ensure alignment with regulatory and law society requirements
- To carry out ad hoc monitoring when required
- Determine compliance with internal policy and procedures
- Ensure that compliance monitoring testing is completed in a timely manner
- Accurately record all findings in the Compliance Monitoring Action Log
- Escalate material findings and trends to the Compliance Monitoring Manager
- Understanding when a finding constitutes a regulatory breach and the subsequent logging of the breach on the Breaches Register
Skills required:
- Working towards or hold the ICA Certificate in Anti-Money Laundering or Compliance (or equivalent) is desirable but not essential
- Knowledge of regulatory and/or law society requirements and AML/CFT legislation
- Experience of Client Due Diligence on-boarding requirements preferably in a law firm environment
- Good knowledge of Microsoft applications, particularly excel
- Experience within a compliance monitoring/audit/Risk & Compliance role