Description

The Anti-Money Laundering ("AML") Analyst - Contract (12 months) will undertake AML processes such as Client Due Diligence (CDD), Risk Assessments, Monitoring and Reporting. This role requires risk based analysis and decision making and proactive collection and validation of required information to support timely client on-boarding and matter processing in-line with regulatory requirements. You will be responsible for client on-boarding and matter processing, conducting periodic reviews and assisting Management with other AML/Compliance activities as required. 
 
 
Responsibilities:
  • Review and assess the AML and reputational risk associated with new client and matter requests
  • Interact with partners and fee earners to collect mandatory documentation required to complete CDD successfully, reviewing and verifying documentation received
  • Perform client due diligence and screening for PEPs, Sanctions, Adverse Media etc., utilising a number of trusted industry sources
  • Disposition screening alerts making a determination on true or false matches, escalating 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, AML Compliance Manager 
  • Perform and review client and matter risk assessments and make risk based decisions based on the analysis undertaken
  • Complete appropriate research in order to obtain a good understanding of a client’s business and related parties in order to monitor client’s activities for unusual transactions
  • Provide AML advice and support to internal stakeholders: Partners, Fee Earners, 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, MLCO and MLRO
  • Manage relationships with key internal stakeholders: Partners, Fee Earners, PAs, Matter Management, New Business Intake, AML Compliance Manager, MLCO, MLRO
  • Act as a point of contact for the Firm's central New Business Intake team and other internal teams in order to resolve challenges with matter opening timely and efficiently
  • Periodically evaluate existing clients working with Partners and Fee Earners in order 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 Manger
Skills and Experience:
  • Bachelor's degree required (2:1 or above preferred)
  • Law degree / LPC preferred 
  • Strong understanding of AML/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 (min. 1 year)
  • 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)