Description

The Anti-Money Laundering Coordinator will undertake detailed analytical research of clients and parties on a global basis to provide efficient and effective Client Due Diligence (CDD) services to Firm Partners and local offices in new and existing client registrations and matters; utilise knowledge and experience of Know Your Customer (KYC) and AML and Sanctions screening activities to carry out risk-based reviews and make decisions to support timely client on-boarding and matter processing, ensuring compliance with ethical, legal and regulatory requirements; review and disposition alerts generated through screening of clients and parties; conduct beneficial ownership investigations; and undertake periodic reviews of existing client profiles.

Responsibilities:

  • Undertake day-to-day compliance activities in line with AML obligations
  • Provide all aspects of support to the Firm, its Partners and offices with regard to the AML/KYC function within New Business Intake (NBI)
  • Diligently review and assess the AML and reputational risks associated with all new client and matter requests submitted via the Firm’s intake system (Intapp) in order to perform KYC / CDDPerform detailed investigations to identify presence of Politically Exposed Persons (PEPs) or Closely Related Associates (CRAs), Adverse Media and Sanctions, utilising a number of trusted industry sources (such as World-Check, D&B, Hoovers, Lexis Nexis), providing a concise rationale for false or positive ‘match’ decisions
  • Conduct independent verification of client due diligence information using additional research methods
  • Make sound and educated decisions regarding the existence and validity of possible AML, Sanctions or reputational concerns and complete subsequent follow up activities
  • Conduct thorough beneficial ownership investigations in order to provide results to local offices and ensure compliance with Firm policies and procedures
  • 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, Risk and Compliance
  • Provide results of screening and client due diligence undertaken to offices at agreed frequencies and work to address any CDD concerns
  • Periodically evaluate existing client profiles in order to keep client files up-to-date
  • Conduct enhanced due diligence and monitoring of higher risk relationships
  • Review results of ongoing screening and monitoring activities to determine if further action or escalation is required, clearly documenting results and decisions made
  • Operate within agreed SLAs and confidentiality standards
  • Build trusted relationships with key internal stakeholders; Partners, Fee Earners, PAs, local AML/Compliance Managers
  • Support internal testing and audit requirements
  • Assist with any other AML Compliance related matters or projects as identified and assigned by the AML Compliance Manager
  • Assist with developing training materials, team standards, presentations and courses on AML compliance awareness
  • Engage and collaborate with team members through the presentation of ideas and recommendations regarding best practice, continuous improvement, departmental processes, policies and procedures

Experience Required

  • Bachelor's degree required (2:1 or above preferred)
  • Strong understanding of AML/CTF requirements and financial crime risks associated with the range of services in the legal industry
  • Good relevant AML experience
  • Strong analytical and research skills
  • Experience of AML/KYC/Due Diligence processes and systems
  • Experience with AML monitoring and screening
  • Ability 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 fast-paced and changing environment
  • Good planning, time management and prioritisation skills
  • Ability 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)
  • Flexibility to work a reasonable shifting schedule is required
  • Exceptional problem solving, critical thinking, and analytical skills
  • Ability to contribute ideas for process improvements and adapt easily to procedural changes
  • Positivity and the adoption of a solution-based approach in all aspects of work