You will be responsible for assisting partners and other members of
Clyde & Co with the new business inception process in line with
legislation, case law, and regulatory requirements for a variety of
jurisdictions. This will include conflicts of interest, anti-money
laundering processes for new and existing clients, on-going client
monitoring, sanctions checks, and other risk management procedures.
Structure
You will be part of the global Conflicts & Compliance BAU Team,
reporting regionally to the Head of BAU, North America. The BAU Team
consists of a Global Head; a North American Regional Head; Team
Leaders; Lawyers/Counsel; Senior Analysts; Analysts; and Assistants.
The BAU works very closely with the firm's Risk Department, including
its AML & Sanctions Lawyers and paralegals; General Counsel(s);
and Risk Managers.
Main Responsibilities
Conflicts:
Reviewing Intapp Open request forms, including but not limited to
new client and matter forms, initial conflicts checks only, and
client/matter changes, ensuring satisfactory details are provided by
the Case Handlers and querying instances where information is either
incomplete or unclear.
Analyzing the new client and/or new matter to determine the risks
associated with the instruction.
Conducting conflicts checks using the firm's conflicts database,
paying close attention to sensitive entries in the firm's Black Book
warning file database.
Analyzing conflict search results and liaising with Partners/Case
Handlers on the matters that may present conflicts of interest.
Obtaining relevant information on the matter, if required, in order
to make a judgement call on whether a conflict or potential conflict
is present.
Escalating conflicts issues as appropriate with clear analysis of
the conflict and the conclusions reached so far.
Proactively following up when seeking information or conflict
resolution from other stakeholders around the firm.
Maintaining and updating the conflict search database as key
information becomes apparent on existing matters.
Assisting in the research and implementation of ethical
walls/information barriers. Working with the Risk Team as needed,
safeguarding confidentiality at all times for the involved teams.
Supporting the high volume business on matter inception, ensuring
that conflict checks are carried out in a timely manner.
Recording all conflict research, communication with stakeholders,
and analysis and conclusion of the conflict resolution in the firm's
client and matter inception software, for the purposes of compliance
and auditing.
Anti-Money Laundering
Researching, identifying and verifying new clients by using online
data providers and any other online resources.
Analysing and establishing the corporate structure for clients
where relevant and tracing up to the ultimate beneficial owners.
Advising Case Handlers on further details that are required from
the client in the event that information is not available in the
public domain or documentation is required on identified individuals.
Researching and identifying PEPs and high risk clients by creating
an online profile.
Attributing a risk rating to the client and escalating the client
where a decision needs to be made upon analysis of documentation and risk.
Seeking sign off from MLRO's and Risk Partners when required and
advising the Case Handlers on any steps that need to be taken to
mitigate the risks associated with the client.
Assisting in the on-going monitoring for existing clients and
updating Client Due Diligence for existing clients.
Recording all AML documentation, communication and risk rating in
the Client Risk Assessment section of the client and matter
inception software, with a clear synopsis of how the client rating
has been attributed, stating any mitigating factors and follow up
steps that need to be taken by the BAU or Case Handlers.
Compliance
Maintaining technical knowledge, expertise and know how on the
nature of the work each department undertakes in the Firm,
conflicts, AML, and sanctions.
Screening all clients and matters for sanctions and escalating any
adverse findings to the Risk Team and Sanctions Partners.
Carrying out the conflict checking and client on-boarding process
for lateral hires.
Supporting junior members of the BAU Team on queries and training.
Answering queries from around the firm on the BAU helpline and
through the BAU email inbox and escalating urgent queries to the
appropriate individual within the department.
Assisting on the execution of projects as and when they arise.
Experience & Skills:
Knowledge of conflicts of interests rules and software.
Knowledge of anti-money laundering legislation (Desirable).
Strong MS Office.
Meticulous attention to detail.
Strong customer focus.
Excellent communications skills.
Strong spelling and grammar skills.
Degree or other relevant qualifications.
Experience using Elite Enterprise or similar management systems (Desirable)
The Firm
Clyde & Co is a leading global
law firm, helping organisations successfully navigate risk and
maximise opportunity in the sectors that underpin global trade and
commercial activity and enable global prosperity, namely: insurance,
aviation, marine, construction, energy, trade and natural resources.
Globally integrated, Clyde & Co offers a comprehensive range of
contentious and non-contentious legal services and
commercially-minded legal advice to businesses operating across the
world. It is committed to operating in a responsible way by
progressing towards a diverse and inclusive workforce that reflects
the communities and clients it serves and provides an environment in
which everyone can realise their potential, using its legal and
professional skills to support its communities through pro bono
work, volunteering and charitable partnerships, and minimising the
impact it has on the environment including through a commitment to
the SBTi Net-Zero standard and the setting of ambitious emissions
reduction targets. The firm has 490 partners, 2400 lawyers, 3200
legal professionals and 5500 people overall in nearly 70 offices and
associated offices worldwide.
Our Values
Our values are the principles that
guide the decisions we make, unite us in our endeavours and
strengthen our delivery, for our clients and our firm. We:
Work as one
We are a globally connected team of talented people who act with a
firm-first mentality to achieve success
Excel with
clients We aim high and challenge ourselves to
deliver unique excellence for our clients, keeping them at the
centre of everything we do
Celebrate
difference We help each other to be at our best and
believe our differences result in greater achievement
Act boldly We
seek new opportunities, take action and learn as we go, recognising
that curiosity drives our development and contributes to growth
Business Services Competencies
Clyde & Co is committed to providing extensive, personal and
professional development opportunities for our people enabling them to
be highly effective in their current role as well as assisting them to
fulfil their career aspirations.
The competencies are used to inform all aspects of Business Services
career development. They vary across levels and different business
areas and fall under the following areas:
Strategic thinker with commercial awareness.
Service oriented: Recognizing internal and external clients and
the importance of service delivery.
Ability to work as part of a team and use own initiative, manage
own workload and adapt to changing priorities.
Adaptable to new systems, procedures, and requirements of role.
Flexible approach: Willing to assist others in achieving team objectives.
Confident dealing with senior management and ensuring service
levels are adhered to. Well-disciplined and self-motivated.
Ability to work well under pressure.
Confident and proactive approach.
Enthusiastic and positive attitude.
This is the job description as constituted at present;
however, the Firm reserves the right to reasonably amend it in
accordance with the changing needs of the business.
**Principals only**
It is the policy of the Firm to recruit, hire,
promote, reassign, compensate and train highly qualified persons
without regard to race, color, sex, sexual orientation, gender
identity or expression, religion, national origin, age, disability
or any other basis protected by applicable law.
