At a Glance
- Tasks: Assist with onboarding new clients and ensure compliance with AML regulations.
- Company: Join McDermott Will & Emery, a top global law firm known for its collaborative culture.
- Benefits: Enjoy generous compensation, wellness support, and a focus on work-life balance.
- Why this job: Be part of a diverse team where your voice matters and career growth is accelerated.
- Qualifications: Detail-oriented, strong communicator, and familiar with AML processes or large firms.
- Other info: Opportunity to work in a supportive environment that values authenticity and unique perspectives.
The predicted salary is between 28800 - 43200 ÂŁ per year.
Build your big career with the firm that does Big Law, Better . McDermott Will & Emery is a leading global law firm that brings together more than 1,400 lawyers and 1,200 business professionals. We celebrate excellence, collaboration, and community and have been recognized as a top workplace by USA Today, Fortune , The American Lawyer, Vault and others. We are also certified by Great Place to Work.
At McDermott, we don’t just invest in your future, we accelerate your career – wherever it may lead. That includes supporting you both in and outside of the office.
With us, you’ll find:
A firm where everyone belongs: Our award-winning culture prioritizes warmth and authenticity — we encourage you to be yourself!
Enthusiasm for all perspectives: We’re smarter and stronger when everyone has a voice and a seat at the table. We welcome unique viewpoints and ideas, and we make opportunities for you and your career to thrive.
Support to feel your best and do your best: Wellness is integral to building a successful career and a rich life. That’s why our benefits program supports your physical, emotional, mental, and financial health, with an emphasis on work-life balance.
Real rewards for real work: We offer generous compensation packages that recognize hard work and excellence.
Job Description:
Position Summary:
McDermott Will & Emery is hiring a Compliance Analyst in the Firm’s Client Intake Services (“CIS”) department to assist with the administrative onboarding of new clients and matters, with a focus on compiling and reviewing know-your-client due diligence under applicable anti-money laundering (“AML”) regulations.
Job Specifications:
• Supporting CIS regarding Firm AML processes, policies and controls (PCPs) for new and existing clients, on-going client monitoring, sanctions checks and other risk management procedures for international law.
• Responding to AML queries from attorney and staff throughout the Firm worldwide.
• Confirming adequate AML documentation is obtained by the Firm for all new clients (and relevant new matters) and verifying the same by (i) liaising with attorneys and staff, (ii) sourcing and supplying publicly available AML KYC data to attorneys, and (iii) reviewing all non-publicly available KYC data and risk assessment.
• Teaming with Compliance Attorneys to perform due diligence on low, medium and higher-risk clients and matters and elevating such cases to the Firm’s Money Laundering Reporting Officer to ensure the AML is confirmed and verified as correct and complete.
• Monitoring risk training records for Firm personnel.
• Updating AML manuals, Country/Office Risk Assessments and the AML intake form as needed.
• Keeping up to date with changes in UK and EU AML regulations and/or associated regulatory guidance.
• Assuming additional responsibilities as may arise in relation to Firm risk requirements.
Preferred Qualifications:
• Motivated and detailed focused
• Familiar with Intapp Open
• Familiar with structure and culture of large international law firms or prior experience at a financial institution or similar setting
• Strong communication and organizational skills
• Able to understand workflows, including the duties of others
• Able to balance risk avoidance and customer service under demanding deadlines
The statements contained in this position description are not all-inclusive. Additional duties may be assigned and requirements may vary from time to time, and from location to location.
Disclaimer:
The above statements are intended to describe the general nature and level of the work being performed by people within this classification. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of employees assigned to this job.
About Us
Build your big career with the Firm that does Big Law, Better.
We don’t just invest in your future, we accelerate your career – wherever it may lead. That includes supporting you both in and outside of the office.
Bringing together more than 1,400 lawyers and 1,200 business professionals, we celebrate excellence, collaboration, and community and have been recognized as a top workplace by USA Today, Fortune, The American Lawyer, Vault and others. We are also certified by Great Place to Work .
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Compliance Analyst AML employer: McDermott Will & Emery LLP
Contact Detail:
McDermott Will & Emery LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Analyst AML
✨Tip Number 1
Familiarise yourself with the latest AML regulations and compliance practices. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing field.
✨Tip Number 2
Network with professionals in the legal and compliance sectors. Attend industry events or join relevant online forums to connect with others who can provide insights into the role and potentially refer you.
✨Tip Number 3
Showcase your organisational skills by preparing examples of how you've successfully managed multiple tasks or projects under tight deadlines. This is crucial for a role that requires balancing risk management with client service.
✨Tip Number 4
Research McDermott Will & Emery's culture and values. Understanding their emphasis on collaboration and community will help you align your responses during interviews, making you a more attractive candidate.
We think you need these skills to ace Compliance Analyst AML
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Compliance Analyst in AML. Familiarise yourself with the key tasks mentioned in the job description, such as due diligence, risk management procedures, and compliance with AML regulations.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your familiarity with AML processes, communication skills, and any previous experience in law firms or financial institutions.
Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation for the role and how your background makes you a suitable candidate. Mention specific examples of your experience with compliance, risk assessment, or client onboarding that relate to the position.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects attention to detail, which is crucial for a Compliance Analyst role.
How to prepare for a job interview at McDermott Will & Emery LLP
✨Understand AML Regulations
Familiarise yourself with the latest UK and EU anti-money laundering regulations. Being able to discuss these during your interview will show your commitment to compliance and your understanding of the role's requirements.
✨Showcase Your Attention to Detail
As a Compliance Analyst, attention to detail is crucial. Prepare examples from your past experiences where your meticulous nature helped identify issues or improve processes, especially in compliance or risk management.
✨Demonstrate Strong Communication Skills
You’ll need to liaise with various stakeholders, including attorneys and staff. Practice articulating your thoughts clearly and concisely, and be ready to discuss how you’ve effectively communicated complex information in previous roles.
✨Highlight Team Collaboration Experience
McDermott values collaboration, so be prepared to share instances where you worked successfully within a team. Discuss how you contributed to group goals and how you handle differing opinions to achieve the best outcomes.