Risk & Compliance Officer (FTC 12 Month Mat Cover), Risk & Compliance

at  Forsters

The role of a Risk & Compliance Officer is to assist the Risk & Compliance team in all areas of internal and external legal compliance, primarily focusing on client due diligence procedures, ensuring compliance with the Money Laundering Regulations.

Main Duties & Responsibilities Include:

• To assist in ensuring that adequate CDD is conducted on all clients of the firm, initially focused on ensuring compliance with the firm’s ongoing monitoring obligations under the Money Laundering Regulations 2017.
• To review client matter files (existing and new) to ensure proper client opening, maintenance and ‘Customer Due Diligence’ (CDD) procedures have been followed.
• To answer AML queries raised by the fee earners and secretaries and to escalate these to the Compliance Manager, Head of Risk and Compliance and MLRO as and when appropriate.
• To research and provide opinions on complex AML related queries as directed by the Compliance Manager.
• To communicate regularly with, and to immediately report any problems or potential areas of compliance concern to, the Compliance Manager as appropriate.
• To provide monthly updates to the wider Compliance team on issues raised or trends identified.
• To support and develop internal AML knowledge and best practice within the fee earning teams.
• To research and provide opinions on complex AML related queries as directed by the Compliance Manager.

Required Skills:

• (Preferable but not essential) Educated to degree level (LLB preferred, England & Wales or equivalent jurisdiction).
• Excellent interpersonal skills.
• Excellent analytical skills and attention to detail.
• A high standard of written and oral communication.
• Positive and robust attitude with a high level of personal motivation.
• Will always strive for excellent levels of internal and external client service.

The salary on offer for both roles is competitive. There will be a salary review in June 2025, for the full-time member of staff, plus a comprehensive benefits package and the opportunity to work in a firm that is well known for its strong and collaborative culture. In addition, Forsters has in place a highly regarded Agile Framework that supports all staff to achieve their best. As a firm, we live our values and would encourage all applicants to read up on them.
A detailed job description can be found here, if needed we can provide specific detail on the composition of the team, our expectations around Agile working, details of our HR policies and any other aspect of our benefits package.
Key contact
Ben Hawkins
ben.hawkins@forsters.co.u

• To assist in ensuring that adequate CDD is conducted on all clients of the firm, initially focused on ensuring compliance with the firm’s ongoing monitoring obligations under the Money Laundering Regulations 2017.
• To review client matter files (existing and new) to ensure proper client opening, maintenance and ‘Customer Due Diligence’ (CDD) procedures have been followed.
• To answer AML queries raised by the fee earners and secretaries and to escalate these to the Compliance Manager, Head of Risk and Compliance and MLRO as and when appropriate.
• To research and provide opinions on complex AML related queries as directed by the Compliance Manager.
• To communicate regularly with, and to immediately report any problems or potential areas of compliance concern to, the Compliance Manager as appropriate.
• To provide monthly updates to the wider Compliance team on issues raised or trends identified.
• To support and develop internal AML knowledge and best practice within the fee earning teams.
• To research and provide opinions on complex AML related queries as directed by the Compliance Manager