Anti-Money Laundering

The Anti-Money Laundering ("AML") Analyst - Contract (6 months) will undertake Anti-Money Laundering processes, such as Client Due Diligence (CDD), Risk Assessments, Monitoring, and Reporting. The role requires risk-based analysis, decision-making, and proactive collection and validation of information needed to support timely client onboarding and matter processing in line with regulatory requirements. The role-holder will be responsible for client onboarding and matter processing, conducting periodic reviews, and assisting Management with other AML/Compliance activities as required.

Main Responsibilities:

• Review and assess the AML and reputational risk associated with a new client and matter requests
• Interact with Partners and Fee Earners to collect mandatory documentation required to complete CDD successfully, review and verify documentation received
• Perform client due diligence and screening for PEPs, Sanctions, Adverse Media, etc., utilizing several trusted industry sources
• Disposition screening alerts determining true or false matches, escalate if required
• Thoroughly document research and analysis completed on clients and/or matters in a manner suitable for review by internal and external stakeholders e.g. Regulators, Audit, and AML Compliance managers
• Perform and review client and matter risk assessments and make risk-based decisions based on the analysis undertaken
• Complete appropriate research to obtain a good understanding of a client's business and related parties to monitor the client's activities for unusual transactions
• Provide AML advice and support to internal stakeholders: Partners, Fee Earners, and PAs
• Perform investigations where there are ML/CTF suspicions regarding clients and/or matters and escalate findings clearly and concisely for internal review by the AML Compliance Manager, Money Laundering Compliance Officer (MLCO), and Money Laundering Reporting Officer (MLRO)
• Manage relationships with key internal stakeholders: Partners, Fee Earners, PAs, Matter Management, New Business Intake, AML Compliance Manager, MLCO, and MLRO
• Act as a point of contact for the Firm's central New Business Intake team and other internal teams to resolve challenges with matter opening timely and efficiently
• Periodically evaluate existing clients working with Partners and Fee Earners to keep CDD and risk assessments on client files up to date
• Assist with any other AML Compliance-related matters or projects as identified and assigned by the AML Compliance Manager

Skills and experience:

• A bachelor's degree is required (2:1 or above preferred)
• Law degree / LPC preferred
• Strong understanding of AML/
  Counter-Terrorism Financing 
  CTF requirements and financial crime risks associated with the range of services in the legal industry
• Relevant AML experience, preferably in an international law firm
• Strong analytical and research skills
• Experience with AML/KYC/Due Diligence processes and systems
• Experience with AML monitoring and screening
• Able to manage processes efficiently, with accuracy and attention to detail
• A recognized AML/Compliance qualification is desirable but not essential
• Excellent communication skills, written and verbal
• Strong decision-making capabilities
• Team player adaptable to a fast-paced and changing environment
• Good planning, time management, and prioritization skills
• Able to work independently and also to liaise with other departments
• Must have good knowledge of Microsoft Office applications and other Productivity Tools (Intapp knowledge is an advantage)

Reports to:
 

AML Compliance Manager

Position Type:
In Market

Development framework:
Business Support