Job Description

About Us

Regulation and Compliance Office Ltd (RACO) is a specialist consultancy supporting law firms across England and Wales with Anti-Money Laundering (AML), risk management, and compliance services. We help firms meet regulatory requirements, maintain robust compliance frameworks, and free up valuable time for their fee earners.

The Role

We are seeking a CDD & Compliance Manager to join our growing compliance management team. This is a varied and dynamic role combining Client Due Diligence (CDD) and risk assessment responsibilities with wider compliance advisory work.

You will play a key role in carrying out AML checks, verifying client identity, gathering Source of Funds/Source of Wealth information, and completing Client and Matter Risk Assessments (CMRAs). In addition, you will provide guidance and support to law firms on compliance matters and assist with regulatory audits.

This position offers the opportunity to develop compliance expertise while working directly with fee earners, and clients.

Key Responsibilities

Conduct Know Your Client (KYC) checks in line with the Money Laundering Regulations 2017. Perform electronic AML and sanctions checks using firm-provided systems. Obtain, review, and verify Source of Funds/Source of Wealth documentation. Complete and submit ongoing Client and Matter Risk Assessment forms for each case. Liaise directly with law firms and their clients to gather required information. Carry out due diligence for both individual and corporate clients, including identifying Ultimate Beneficial Owners (UBOs) and Persons of Significant Control (PSCs). Provide compliance guidance and advice to law firms, helping them comply with the SRA Codes of Conduct, Money Laundering Regulations, and other applicable legislation. Support and/or conduct compliance audits at law firm offices. Deliver compliance training sessions to clients. Maintain accurate, secure, and up-to-date records of all due diligence and compliance work carried out.

About You

We are seeking someone who is:

Organised and detail-focused, with excellent written and verbal communication skills. Confident working to strict regulatory and legal requirements. Skilled in handling sensitive and confidential information with discretion. Proficient with Microsoft Office and able to adapt quickly to new systems. Comfortable liaising with a wide range of stakeholders, from clients to senior law firm staff.

Requirements

Minimum of 3 years' experience working within a law firm (essential). Previous experience in compliance, AML, or legal support/paralegal roles is highly desirable. Familiarity with AML, KYC, and due diligence processes Ability to work independently and manage multiple cases simultaneously. Willingness to travel for audits Qualified solicitor/lawyer experience is an advantage
Job Type: Full-time

Pay: 35,000.00-40,000.00 per year

Benefits:

Company pension
Work Location: In person