ANTI-MONEY LAUNDERING SPECIALISTAdded on 15/11/2023
To work for a global law firm in the AML department and this could be a fully remote or hybrid role.
Participates in the intake of new matters to the firm where the involvement of a regulated person or entity triggers an anti-money laundering (AML) risk assessment.
Based upon risk assessments, employs various print and electronic resources to research and confirm the identities of clients, beneficial owners, and third-party payors and understand their businesses and their means of payment.
Locates and obtains company incorporation or regulatory information for clients and beneficial owners on a global basis
Maintains an internal AML database in line with Law Society regulations
Communicates daily with staff about AML compliance and responds to questions about the AML regulations and firm policy.
Maintains knowledge of changes in the AML regulations and trains new staff in AML policies and procedures.
Participates in software updates and enhancements
Relevant law firm conflicts research experience and some AML compliance experience preferred.
Bachelor’s degree from an accredited college or university, or equivalent combination of education and related experience.
Familiarity with automated conflict checking systems and AML compliance software as used in a law firm setting preferred
Highly developed business research abilities using online databases, including the Internet, and print sources.
Understanding of the complexities of corporate structures and business interrelationships in a global economic environment.
Familiarity with AML regulations and related legislation or similar compliance imperatives is preferred.
Ability to maintain complex and comprehensive records in a computerised format.