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AML Specialist

  • Job Type :

    Contract

    Full-Time

  • Salary : Up to £35,000

A fast growing US Law Firm is looking to hire a new AML Specialist on an initial 12 Month FTC to identify potential risks to the firm and escalate those risks as appropriate.  This role is to work 3 days a week in the office and 2 from home, with a salary of £25,000-35,000 on offer.

 

Responsibilities will include conducting client due diligence, identifying clients and obtaining information to evidence their existence and ownership structures using information sources, Companies House, Capital IQ, Lexis/Nexis Corporate Affiliations and the internet, liaising with partners and associates, and also with clients, to obtain information and documentation which is not available from public information sources, completing risk assessments for both clients and matters, identifying high risk clients and escalating any issues to the Money Laundering Reporting Officer in the relevant office(s), liaising with the Conflicts team to ensure that all new client/matter opening requirements are completed, advising on ongoing monitoring of clients/matters in accordance with legal/regulatory requirements, reviewing, where necessary, prospective clients to ensure any reputational or sanctions issues are understood and are deemed within the firm’s risk appetite, assisting with continually updating policies and procedures relating to new client/matter opening, anti-money laundering and counter-terrorist financing, and other compliance topics, lead periodic team/department/firm training sessions, and to support new joiner training.

 

Candidates need to have strong knowledge of Money Laundering Regulations 2017, knowledge of different types of corporate, partnership and trust entities, candidates need to be degree educated with excellent written, communication and organisational skills.