Risk Management
Risk Officer (12 month fixed-term contract)
We are seeking a Risk Officer to join the Risk Management department to take responsibility for day-to-day tasks relating to all aspects of the Client and Matter Inception (CMI) process. This appointment will be made on a fixed-term contract basis to cover a period of maternity leave for a period of approximately 12 months.
Responsibilities will include co-ordinating the CMI process, including file reactivations, inception conditions and changes to client and matter details; dealing with regular audit of pending inceptions and outstanding filing; assisting with the inception process, including all aspects of client and matter clearance; managing the insider list and information barrier databases and ensuring procedures are followed; analysing money laundering, conflicts, and credit reference checks and searches extracted from external and internal databases and other resource material provided by legal professional staff; acting as a resource to the team in resolving conflicts, Client Due Diligence and other queries, and being a conduit for escalation; reviewing and reporting results to partners and assistants via e-mail, on the telephone and in person and where necessary escalating the results to the Risk Manager/Head of Risk/Business Acceptance Committee; dealing with ad hoc queries across a variety of areas including risk-related IT systems, risk-related law and processes; assisting the Risk Manager and Head of Risk in ensuring compliance with legal and regulatory obligations and ensuring best practice is adhered to; assisting with review of all Client Due Diligence in accordance with the Money Laundering Regulations; ensuring ML record keeping is in accordance with regulatory obligations; maintaining “ML high risk”, PEP and inception databases of clients and former clients with a higher risk profile; assisting with maintenance logs of BAC decisions and complaints; suggesting improvements/enhancements to systems, processes and resourcing, in particular in relation to client and matter inception and conducting risk inductions for new joiners.
The suitable candidate for this role will have strong organisational skills and an enthusiastic approach to work. We are looking for a team player who has the ability to prioritise a busy workload under pressure and in a time sensitive environment. They will be a good communicator who is able to liaise effectively with people at all levels across the firm, and has a keen eye for detail. The suitable candidate should be able to demonstrate an ability to analyse information from external and internal databases and reach logical and robust conclusions based on this information. Experience of advising on money laundering queries is required, as is an understanding of the importance of maintaining confidentiality and professional obligations.
A full job description is available upon request.
How to apply
If you are interested in applying for this position, please submit your CV together with a brief covering letter or email stating your interest in the position.