Conflicts Analyst
AML/CTF Analyst
This opportunity is based in London in the Risk and Compliance department reporting into the Director of Risk Management and MLRO within a private practice law firm.
Job Overview:
Working as part of the Compliance Risk Management Team responsible for the management of Customer Due Diligence and ensuring the Firm's meets its Anti-Money Laundering and Counter Terrorist Financing obligations worldwide.
Responsibilities:
* Perform new clients and new matters checks: analyse regulatory requirements in various jurisdictions according to policy to carry out the due diligence on new clients and the ongoing monitoring on new matters.
* Assist with rolling a new AML/CTF database and automatic screening system.
* Assist on project work as and when required.
* Develop expert knowledge of worldwide sanctions and apply them in your risk assessment
* Develop expert knowledge of worldwide anti bribery and corruption legislations and apply them in risk assessment
* Develop knowledge of legal/regulatory requirement relevant to the AML/CTF Team
* Research independent reliable databases to establish the existence, ownership or control as well as the quality of new clients or existing clients as necessary.
* Review and audit existing entries in the AML Database as directed by line Manager.
* Ensure each matter is undergoing appropriate on-going monitoring checks.
* Review the risk profile at matter level and perform on-going monitoring checks.
Essential skills:
(Essential)
* A Law degree or UK/Overseas legal qualification
* Knowledge of he AML/CTF requirements on regulated firms in the EU
* An understanding of the nature of the work in a corporate multinational law firm or other regulated professional firm; demonstrating an in-depth knowledge of how a law firm (or regulated professional body) works, its client base and the markets in which it operates, and familiarity with the structure of matters it takes on
* Previous AML/CTF experience in a multinational law firm or other regulated body
* Working knowledge and ability to use Compliance Databases (e.g. BVD, Worldcheck, LegalKey, or similar)
* Ability to work efficiently, prioritise and meet deadlines
* Able to adapt and learn quickly new processes and technology
* Discrete and professional as the information will be confidential and sensitive information. Data protection rules will also apply
* Excellent negotiation skills and articulate
* Good all-round communication skills at all levels across the firm and offices; in particular, good ability to converse with Partners and obtain the necessary information
* Good judgement and business awareness
Please contact Katie McCluney at Laurence Simons at Katie.McCluney@laurencesimons.com or telephone 0207 645 8527 quoting ref 462300 for further details.
About Laurence Simons
Founded in 1988, Laurence Simons is a specialist international legal and compliance recruitment consultancy. With offices across 4 continents, Laurence Simons truly is an international recruiter. We cover the whole spectrum of permanent and temporary legal and compliance positions in both the Private Practice and In-House markets from Newly Qualified through to Partner, General Counsel and Chief Compliance Officer level roles.
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