- Assist with the timely delivery of administrative requirements of opening new clients in our practice management system and undertaking CDD in relation to new and existing clients. This would include commencing and progressing workflows to progress CDD reviews, responding to queries from within the firm, and entering data in relevant firm systems.
- Ensure that information required for new client and new matter opening is complete and accurate and properly entered into the relevant practice management system.
- Respond promptly and clearly to queries from lawyers, partners and personal assistants regarding new business acceptance.
- Assist other Compliance Team members in the performance of CDD in relation to new and existing clients.
- Undertake CDD in accordance with firm policy and applicable regulations. This will include research using public sources and subscription databases, liaising with lawyers and partners and the conduct of risk assessments.
- As part of the Compliance Team, assist in the daily management of CDD workflows and responsibilities.
- Assist with ad hoc tasks as directed by the Compliance team or General Counsel related to the administration of compliance related responsibility.
- Experience in a similar role within a law firm, financial institution or professional services organization is desirable
- Reliable individual with ability to use initiative, prioritise effectively, enthusiastic, team player and ability to work under supervision
- Strong attention to detail
- Demonstrated research skills and familiarity with online research tools
- Respect for client confidentiality
- Ability to critically evaluate a number of different sources, identifying the key issues;
- Excellent communication and interpersonal skills
Risk & Compliance Administrator - Melbourne, Australia - Norton Rose Fulbright
Description
Description
About us
Norton Rose Fulbright is a global legal practice. We provide the world's pre-eminent corporations and financial institutions with a full business law service. We have more than lawyers based in over cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.
The role
We currently have an opportunity for a Risk & Compliance Administrator to support our Compliance team. The Firm's business acceptance work covers two primary areas: Client Due Diligence (CDD) and conflicts management. CDD is the process of collecting and analysing certain information about a client or third party to assess the extent to which that client may expose us to a range of risks, including financial crime risks.
This role will support the Compliance Team in relation to administrative aspects of CDD related activity. The role will also involve assisting other Compliance Team members in relation to the performance of CDD, and undertaking CDD checks to help will ensure that firm policies and the regulations on CDD are adhered to within the firm. The role reports to our Australian Compliance lead and ultimately to our Head of Global New Business Risk. The successful candidate will:
Skills and Experience Required
The successful candidate will need to be an energetic, driven and focused individual. At Norton Rose Fulbright, you will be rewarded with genuine career prospects and an excellent team environment renowned for its collaborative culture, passion for client service and professional development opportunities.