Anti-Money Laundering Analyst

Role Summary

The Anti-Money Laundering Analyst (the Analyst) will be part of the team responsible for maintaining and updating the firm’s anti-money laundering (AML) records and refreshing historic AML data. In addition, the Analyst will be responsible for ensuring that new clients, new matters and third party payers comply with the requirements of applicable AML legislation and the firm’s AML policies.

The Analyst will proactively ensure that appropriate client due diligence materials are held on file for all relevant parties and will report potentially suspicious activities to the firm’s Money Laundering Reporting Officer (MLRO).

This role will be part of the Office of General Counsel and will operate across the full range of the firm’s practice groups and offices in support of the firm’s AML program and will contribute to ensuring that the firm complies with its regulatory obligations and appropriately manages and mitigates risk issues associated with AML.

Key Responsibilities

• Assess the risk profiles of new and existing clients and third party payers by conducting independent research and reviewing client due diligence materials.

• Conduct due diligence searches using various third party and internal databases. This includes ascertaining the nature of an entity’s role in a transaction and producing corporate trees to ascertain beneficial ownership and subsidiary holdings.

• Work closely with the Finance Teams globally to ensure that adequate AML checks are conducted in connection with funds received into the firm’s client accounts/escrow accounts/IOLTA accounts.

• Review new client and matter intake forms submitted via the internal New Business Intake system to verify that information (including information on third party payers) provided by the practice group is complete.

• Handle ’low to medium’ client due diligence, client care and sanctions issues with minimal supervision.

• Review and adhere to internal compliance policies and procedures and ensure that amendments to applicable local laws in the jurisdictions in which the firm practices are properly reflected in the firm’s policy.

• Work closely with departmental colleagues, lawyers, paralegals, secretaries and other administrative staff and management.

• Other department projects and duties, as required.

Knowledge, Skills & Attributes

• Strong knowledge and understanding of applicable law, including the current EU Money Laundering Directive, national implementing legislation and other applicable laws and regulations.

• Awareness of the work undertaken by a large global law firm, along with an appreciation of commercial and legal terms.

• Understanding of relevant legal documentation.

• Proficiency in technical applications

• Effectively utilise research applications such as Orbis, Capital IQ, World Check, Dun & Bradstreet and Hoover’s.

• Understanding of key AML monitoring systems.

• Excellent organizational skills and a high attention to detail.

• Ability to manage complex projects and assignments while maintaining tight deadlines.

• Strong oral and written communication skills. Can confidently and clearly explain problems and issues and contribute to their resolution.

• Ability to work effectively with all levels of personnel with tact and diplomacy.

• Ability to work effectively in teams including cross-border communications.

• Proven analytical, planning, problem solving and decision-making skills.

• Motivation and ability to take ownership of, and responsibility for, own workload.

Additional Specification

Essential

• Bachelor’s degree in law, business finance, accounting or equivalent experience

• Flexibility to work additional hours, different shifts, or weekends as required on ad hoc occasions

Desirable

• ACAMS certification

• Law firm experience