Compliance Analyst

We are recruiting for a Compliance Analyst to join our Can I Act team.

The team deals with business acceptance (both compliance and conflicts clearance) and ongoing monitoring of the Firm's business relationships, and supports the wider Risk and Compliance function on a number of strategic and critical business protection activities.

Reporting into one of the team leaders in the CIA team, the role holder will work with the wider CIA team to assist the Firm on:

• Onboarding clients, supporting with gathering due diligence and risk assessments;
• Undertaking periodic and trigger based reviews of the Firm’s clients (including any enhanced due diligence measures and monitoring required);
• Undertaking reviews and investigations of any screening alerts (covering sanctions, politically exposed persons, adverse media or ESG/ reputational concerns);
• Source of funds and financial compliance queries and checks, including third party payments queries; and
• Ensuring compliance with internal policies and procedures relating to business acceptance, client and matter inception and ongoing monitoring.

In addition, the role holder will provide advice and support to the firm, its partners, and employees on a varied and challenging workload of enquiries relating to business acceptance across all work types and areas of the firm, including source of funds/wealth, client due diligence (CDD), other financial crime and sanctions matters.

Your Role 

As a Compliance Analyst you will:

• Undertake client due diligence, and provision of support to fee earners in completing client and matter risk assessments and other legal compliance functions all whilst ensuring adherence to AML regulations and internal processes.
• Provide clear, accurate advice regarding CDD/KYC requirements, client and matter inception, source of funds/TPPs, and general AML queries.
• Provision of ad hoc support and acting as a point of contact for answering queries from the wider business on compliance matters relating to the above.
• Be able to interpret AML regulations and internal policies to make risk based decisions when providing client and matter risk advice to colleagues in the firm.
• To escalate complex issues to the team leaders, team manager or Head of AML and FC, including reputational matters where appropriate, with suggested proposals on the course of action.
• To provide support on wider risk and compliance projects as need be, which might include creation and delivery of training, updating guidance and forms for the team and the firm, including presenting to the firm as need be on any related topic.
• To build and maintain strong relationships across the firm, acting as a point of contact in relation to business acceptance and ongoing monitoring queries.
• To participate and support as necessary on any relevant risk and compliance projects or workstreams.
• Promote a positive compliance and risk culture across all offices and functions.

Your Skills and Experience 

• This role would suit someone with experience of dealing with AML regulatory issues, client onboarding and/ or ongoing monitoring in a compliance function at another law firm.
• A minimum of 2 years' technical and practical experience of CDD within a law firm is preferred.  
• Demonstrate good technical knowledge of the Money Laundering Regulations 2017.  
• Strong reasoning skills and the ability to think laterally.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate and communicate with stakeholders at all levels, including the ability to effectively communicate and justify business acceptance decisions to partners, and handle challenging conversations. 
• Demonstrate credibility to gain respect internally and, to the extent appropriate to the role, externally with people at all levels. 
• Have an awareness of commercial issues and the commercial concerns of partners within the firm.
• A self starter, proactive and demonstrates ability to prioritise work and multitask effectively to meet deadlines and work to service level agreements.
• Methodical approach to work and superb attention to detail.
• Excellent team player.

Your Team 

The Can I Act team (CIA) sits within the Risk and Compliance function for the Firm, and supports with business acceptance (both compliance and conflicts clearance) and ongoing monitoring of the Firm's business relationships, together with advising the Firm on general compliance queries, undertaking sanctions and compliance monitoring, and supporting on source of funds/ third party payments queries and issues. The CIA team also supports the wider Risk and Compliance function on a number of strategic and critical business protection activities. The team undertakes a variety of tasks associated with client and matter onboarding, and also provides regular training and guidance across the Firm. The team consists of 20 compliance professionals. A compliance team manager is responsible for day to day management of the team, supported by 3 team leaders. The team reports into the Firm’s Head of AML and FC.

About TLT

Fast paced, fast growing and forward thinking, TLT is the law firm that helps clients stay one step ahead, and we do the same for our people.

We work with high profile clients in innovative sectors. With local, national and international reach, we have over 1,800 people in offices across the UK and a network of partner firms across Europe, India and the US. TLT was named Law Firm of the Year at the Legal Business Awards 2023. This marks the third year in a row the firm has taken away this accolade in industry awards - having previously been named Law Firm of the Year at The Lawyer Awards in 2021 and the British Legal Awards in 2022.

Our purpose is to protect, prepare and progress our clients for what comes next and it’s essential that we do the same for our people, our planet and our communities too. In our open and collaborative culture, we encourage everyone to be their whole self, to have a voice and to contribute.

Our Benefits

We value our employees highly and we want you to feel valued. You’ll receive a competitive salary with an annual pay review. You will also have access to an extensive range of benefits via our flexible benefits scheme including 25 days holiday (which will increase to 30 days based upon length of service) and private medical insurance. 

At TLT we have a progressive fully flexible working approach. We empower our people to work in a place and at a time that meets their needs, those of their clients and of the wider team and firm. Part of this agile approach is a focus on hybrid working and supporting the work/life balance of our people. We’re happy to talk about how flexible working can work for you and this role. 

TLT is committed to creating a diverse and inclusive working environment and encourages applications from all suitably qualified people, regardless of disability, race, gender identity, sexual orientation, or any other characteristics protected by the laws in the locations in which we operate.

We welcome applications from people with disabilities and are committed to providing reasonable adjustments, where necessary, to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process, require any reasonable adjustments or an application to Access to work please contact the recruitment team on Recruitment.Operations@TLT.com