Global Head of Client On-Boarding is required for a prestigious law firm. We are searching for an experienced on-boarding specialist to become the direct report for a newly created on-boarding function. Your primary responsibility is to ensure that the firm remains compliant with its anti-money laundering and counter-terrorist financing obligations.
The firm is a global full-service law firm with clients including global financial institutions, investment funds, PE houses, global corporations, governments, sovereign wealth funds, ultra-high net worth individuals, family offices, trustees and private clients.
This is a rare opportunity to create an on-boarding function from the ground up with the support of the business and technology teams.
Responsibilities:
•Responsible for all on-boarding processing activity, from initial triage, work allocation, initial escalation, and overall management of the processing team
•Establish the centralised client on-boarding processing team into a virtual processing hub, and align that team to a single reporting line and around common and consistent processes
•Manage the centralised client on-boarding processing team - to include recruitment, training, appraisal, performance management and motivation
•Form part of the escalation process for high risk and complex matters that require senior management input and making decisions whether issues need to be referred for approvals
•Oversee & maintain the on-boarding process so that it is as efficient and consistent as possible
•Apply a risk-based methodology to the determination of CDD requirements retaining a commercially practical approach
•Manage the On-Boarding Compliance Monitoring activities - at a suitable point when the on-boarding is well established to transition ownership of compliance monitoring processing into the on-boarding hub
•On-boarding related project engagement & support – provide input to project activities concerning client on-boarding, processes, systems, and controls, as necessary
Skills and Experience:
•At least five years relevant experience in a similar role with a background in Financial Services Business or legal practice preferred
•Excellent working knowledge of AML/CFT and sanctions principles to enable appropriate escalation
•Experienced with the application of risk-based CDD measures and client take-on procedures
•Hands-on BAU experience of working with client on-boarding workflow systems, ideally Intapp Intake, together with project implementation experience of this or similar systems would be preferred
•Knowledge of law firm matters relating to corporate, property, probate, litigation, and fiduciary clients is desirable but not essential
Academic requirements:
•Degree educated
•ICA Diploma in Anti-Money Laundering or equivalent
Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.