Financial Risk & Compliance Analyst/Associate - London

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

Background

This is an entry level / 2nd job level, 12 months, Fixed term, Maternity cover role - responsible for supporting A&M’s financial & legal compliance and obligations across global geographies where Anti Money Laundering (AML) compliance is required for A&M to carry out engagements. The position reports to the Head of Financial Risk & Compliance.

The role is expected to support the identification and assessment of compliance risk, associated risk mitigation and related controls, reporting and monitoring across multiple SBUs and geographies. It will work closely with the Finance team and the Legal team, along with SBU Ops Leads, Billing and Project Revenue teams, and MDs to support the implementation and management of the Money Laundering, Counter Terrorist Financing & Proliferation policy and procedures.

Key elements of this role include:

• Supporting the Head of Financial Risk & Compliance, who is also the firm’s designated Money Laundering Reporting Officer (MLRO), to manage our AML process in relevant jurisdictions across each of our global locations.
• Supporting the management of AML submissions and Know Your Customer/Customer Due Diligence practices on a global scale.
• Supporting with statutory reporting and the handling of suspicious activity reporting.
• Supporting with internal and external audits of our AML, CTF & Proliferation policy and procedures.
• Supporting with the roll out of policies and procedures in new territories as A&M continues to expand.

Key responsibilities

• Support the Money Laundering Reporting Officer to manage AML compliance, including working with the MLRO to provide guidance on potential AML risks and issues as needed.
• Day to day management of AML on-boarding processes carried out across the globe, escalating concerns to the MLRO as appropriate and supporting the wider team to understand and adhere to requirements for effective AML submissions.
• Work with the MLRO and other team members to ensure adequate cover is available in times of absence, providing continuity of these processes at all times.
• Work with the MLRO to ensure that A&M complies with AML regulations in each of the nominated geographies regarding suspicious activity reporting, supporting internal and external submissions as required/appropriate and flagging concerns to the MLRO.

• Support the MLRO to identify key issues and developments affecting the A&M business from a regulatory compliance and reporting context, including:
• Helping to maintain a register of regulatory compliance obligations for each A&M jurisdiction.
• Supporting the design and implementation of programs, policies and procedures.
• Performing targeted risk assessments to identify, evaluate and prioritize compliance risks.
• Supporting the co-ordination of required regulatory reports, submissions and applications.
• Supporting MLRO reviews of firm-wide compliance activity, compliance policies and processes, as well as audits of SBU compliance activities across the business.
• Supporting the training of Billing, Project Revenue and delivery teams on effective AML management and updates to regulations and processes in the various geographies.

• Work with the Financial Risk & Compliance Team and the Internal Audit team to support regular reviews of AML & Risk controls, processes and policies.

• Support the MLRO to undertake research, review and analysis of various regulatory directives or new reporting requirements, as requested by the CFO, General Counsel, and Leadership from time to time.

Your journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.