Compliance Analyst (Americas)

Date: 5 Jul 2024

Location: London, GB, EC3M 7AF

Company: Walkers Global

Walkers is a leading international law and professional services firm providing legal, corporate and fiduciary services to global corporations, financial institutions, capital market participants and investment fund managers. With a global presence spanning the Americas, Europe, the Middle East and Asia, we advise on the jurisdictions of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey.

Walkers treat everyone as the intelligent grown-ups they are. We take a grown-up approach to getting the job done – trusting and empowering our people to deliver consistently, and enabling them to succeed. Diversity is our secret weapon – it’s the sheer breadth of Walkers people that makes us who we are – gathered from across the globe and fluent in languages, jurisdictions and cultures that help us to mirror our clients and keep our own thinking in tune with the world we operate in.

Overview of role

An opportunity has arisen for a UK based Compliance Analyst to support the Americas region, covering the Cayman, Bermuda and BVI offices. The Compliance team's work is principally focused on anti-money laundering, counter terrorist financing and sanctions risk, though the scope of work is likely to expand to encompass regulatory risk and conflicts. 

 

The role will require knowledge of the applicable regulatory regimes covered by the global team, and may be required to support the other offices as required.  Full training will be provided but the successful applicant will be expected to supplement this with independent reading of the regulations and remain up to date on regulatory changes.

 

The candidate would be working an alternative shift pattern (10:00 – 18:30) in order to service our offices in the Americas.

Duties, Responsibilities & Person Specification

  • As part of the new client/matter opening process, responsible for (a) analysing new clients and matters to assess AML/CTF risks and determine applicable Client Due Diligence ("CDD") requirements, (b) collecting and reviewing relevant CDD materials, and (c) approving (where appropriate) new client/matters which have satisfied applicable requirements, or otherwise escalating cases to the Senior Business Acceptance Manager as necessary;
  • Provide practical and prompt advice and assistance to fee-earners and other professional staff in relation to applicable AML/CTF (including CDD) obligations;
  • Conduct screening to identify politically exposed persons (PEPs), sanctions issues and other regulatory and reputational risks;
  • Conduct and review risk assessments to ensure that the appropriate risk rating is assigned to new clients and matters and that proper escalation to senior management is triggered in high risk scenarios; 
  • Assist with the preparation of training materials and deliver training for compliance team members and for employees across the Americas region;
  • Assist with preparations for regulatory inspections and submissions;
  • Provide assistance with on-going monitoring procedures, including testing of reliance on third parties and other risk and compliance audits as necessary;
  • Work closely with operational teams to ensure that the firm's AML/CTF obligations are met;
  • Assist the Senior Business Acceptance Manager with local, regional and global compliance projects as required;
  • Carry out any other duties commensurate with the purpose of the role, including the performance of duties outside working hours when required and work in a flexible manner.

Education, Skills & Experience

Graduate with experience in an international function with a focus on AML and other financial crime, preferably in a law firm environment. 

Walkers global is an equal opportunity employer. Equality and diversity are key to our global identity and an integral part of our goal to continue being an employer of choice. We are committed to a work environment that supports all individuals irrespective of gender, ethnicity, nationality, race, religion, marital status, age, disability, pregnancy, sexual orientation, gender identity or any other applicable legally protected characteristics. We make every effort to ensure that employment opportunities are open and accessible to all purely on the basis of personal ability.