AML Compliance Assistant
Innovative US law firm who works with market leading global clients within emerging industries, is seeking a new AML Compliance Assistant on a permanent basis. In this role, you will be responsible for fulfilling AML requirements and carrying out necessary processes for London and other offices.
What’s On Offer:
- Salary up to £45,000
- Hybrid working (3 days office / 2 days remote)
- Generous employee benefits and in-office perks
- 09:30-17:30 working hours
AML Compliance Assistant – What You’ll Be Doing:
- Performing due diligence on clients, counterparties and third-party payors through research and liaising with fee earners, secretaries and the finance team.
- Performing Politically Exposed Person, adverse press and sanctions searches using a variety of research tools.
- Summarising results of research and drafting and circulating client risk assessments and matter risk assessments.
- Updating Firm software and databases with relevant information to ensure accuracy and consistency.
- Identifying and escalating red flags and higher risk matters as set out in Firm policy.
- Performing ongoing monitoring on completed AML files and periodic checks on personal identification documentation obtained as necessary.
- Assisting with the development and presentation of training for lawyers and business services staff.
- Assisting with updates to practice wide risk assessments and policies as required.
AML Compliance Assistant – What We’re Looking For:
- 1+ year of experience working in an AML and / or sanctions compliance environment within a global law firm.
- Knowledge of AML legislation and guidance.
- Experience of performing diligence checks (including research and risk assessments) on entities and individuals.