Risk & Compliance Associate (6 Month Fixed Term Contract)

Baker McKenzie Global Services Ltd ,
London, Greater London
More Details

Overview

The Role The Risk & Compliance team are looking for an Associate to join them on a 6 month fixed term contract basis. The role will support three specific areas of compliance activity: DAC6, CCO and AML. DAC6 From 1 July 2020, the European Directive known as DAC6 will require the Firm to make reports to HMRC of any cross-border arrangements satisfying hallmarks linked to tax or tax reporting, on which it has advised. The Firm will also have to report by 31 August 2020 on any arrangements where the first step to make the arrangement available for implementation took place at any time between 25 June 2018 and 30 June 2020. The project is overseen by the Risk & Compliance team with support from colleagues in our Tax department, but we need a dedicated resource to focus on: (a) a lookback project to identify matters on which the Firm has already advised which we be reportable; (b) design and implementation of an interim compliance process for London while we await a more permanent solution to be delivered by the EMEA project team. CCO The Firm is required to take reasonable steps to prevent employees or other associated persons (i.e. a third party performing services for or on their behalf) from facilitating tax evasion. The Risk & Compliance team are leading a project to assess whether the Firm has adequate procedures in place to address this risk and to take immediate actions where necessary to address any gaps. The team requires an Associate to lead on conducting an internal CCO risk assessment, updating policies and procedures, and designing and rolling out training on the application of CCO and any new or updated policies and procedures relating to the offence. AML Working closely with the London AML Compliance Manager, this role will handle AML risk assessment escalations and SAR reports. The Team The London Risk & Compliance team has a wide remit. The team is led by the General Counsel and currently comprises three Risk & Compliance Associates, an AML Compliance Manager, a paralegal and PA. We are currently looking to recruit an additional Associate to support the specific projects and activities described above. Key Skills and Experience Required Legal or tax background preferred Strong analytical skills plus excellent organisational/project management skills Ability to interview Partners and be robust when further information is needed Ability to work independently and to supervise juniors as required Ability to manage own work load albeit with support from other members of the team when required Ability to work well in a small team environment whilst building excellent working relationships with other departments across the office Commercially minded with experience of drafting legal documents to a high level Excellent academic background with excellent written and oral communication skills Respects and enjoys the diversity of cultural, social and academic backgrounds found in the Firm

People also viewed