AML Compliance Assistant

About this role

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.

About compliance & regulatory roles for ex-police

Compliance, AML and regulatory roles. Working to PACE, RIPA and CPIA is a stronger regulatory grounding than most civilian applicants can offer — firms increasingly recognise this.