Global New Business Risk Analyst - Norton Rose Fulbright LLP : Job Details

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Job Description

We're Norton Rose Fulbright - a global law firm with over 50 offices and 7,000 employees worldwide. We provide the world’s preeminent corporations and financial institutions with a full business law service. At Norton Rose Fulbright, our strategy and our culture are closely entwined. We know that our expansion will mean little unless it is underpinned by truly global collaboration and we understand that pioneering work only takes place when our people have room to move and think beyond boundaries. As well as the relevant skills and experience, we're looking for people who are innovative, commercial and value the work that they do. 

Our Newcastle office is currently recruiting for a Global New Business Risk Analyst to join an established team made up of compliance professionals in each of the five Norton Rose Fulbright Member Firms (based in London, Canada, South Africa, Australia and the US).    

The Role

The Firm’s business acceptance work covers two primary areas: Client Due Diligence (CDD) and risk assessments; and conflicts management. Conflicts are handled regionally, by our 5 conflicts teams. CDD and risk assessment is handled globally by our team, with colleagues based in all regions but working as a single team.

This role is  in the global team and focuses on CDD and related risk assessment tasks, specifically on client screening and analysis, and client/matter risk assessments. The role is based in our Newcastle office (UK) and reports to the Global New Business Risk Manager (based in Newcastle).

Key responsibilities

• Carry out CDD on clients in line with firm policy, including the screening and analysis of information to assess and ensure [(if applicable) compliance with anti-money laundering and regulatory obligations] strategic fit, reputational risk, and sanctions exposure of clients.
• Manage own priorities ensuring all core business requests are delivered expeditiously.
• Carry out and document risk assessments on new and existing clients of the firm with particular focus on lower and medium risk clients.
• Providing recommendations to senior management as to whether a high-risk client should be accepted by the Firm.
• Screen new and existing clients for increased risk indicators, including but not limited to, sanctions exposure, PEP exposure and reputational and financial crime risk exposure.
• Escalate clients posing perceived increased risks and make recommendations as to the appropriate risk mitigation (where possible).
• Take ownership of new business intake matters, carrying out the full risk analysis and liaising with the various stakeholders to the matter, including Partners and associates, communicating the progress of the matter at all stages to the interested parties.
• Work to develop an understanding of the Firm’s key strategic objectives, ensuring that new business intake is in line with the global strategy of the Firm and compliant with our existing client base from a legal and commercial standpoint.
• Advise fee earners and PAs on the Firm’s policies and procedures.
• Have an understanding of, and be able to explain to fee earners and PAs, what information is required to comply with various applicable regulations and firm policies.

Key Skills and experience

• Minimum 1 year's experience working in a business, legal or related professional services firm;
• Have an interest in Risk and Compliance with a key interest in developing knowledge of the commercial, political and risk issues affecting our business;
• Excellent Computer skills with an ability to switch between different database interfaces and online tools.
• Excellent aptitude for research and familiarity with online research tools;
• Ability to critically evaluate a number of different sources, identifying the key risk issues;
• Excellent organisational skills and ability to prioritise different work streams;
• Excellent written and oral communication skills;
• Accuracy and an eye for detail.

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Diversity, Equity and Inclusion

To attract the best people, we strive to create a diverse and inclusive environment where everyone can bring their whole selves to work, have a sense of belonging, and realize their full career potential. Our new enabled work model allows our people to have more flexibility in the way they choose to work from both the office and a remote location, while continuing to deliver the highest standards of service. We offer a range of family friendly and inclusive employment policies and provide access to programmes and services aimed at nurturing our people’s health and overall wellbeing. Find more about Diversity, Equity and Inclusion here.

We are proud to be an equal opportunities employer and encourage applications from individuals who can complement our existing teams. We strive to create an inclusive and accessible recruitment process for all candidates. If you require any tailored adjustments or accommodations, please let us know here.