Our client is seeking an experienced AML Analyst to join its Compliance team in London.
The role will be focusing on client onboarding and due diligence within a professional services environment. You will be involved with working with corporate clients and complex ownership structures, requiring someone who can apply a practical, risk-based approach to AML rather than simply following prescribed processes.
The successful candidate will ideally come from a legal, accountancy or similar professional services environment and have experience dealing with complex entities, including overseas structures, trusts, foundations and funds.
Key Responsibilities
- Managing end-to-end AML client onboarding and due diligence for new corporate clients
- Reviewing complex corporate and ownership structures and identifying beneficial owners and PSCs
- Conducting electronic verification and other appropriate client due diligence checks
- Applying a risk-based approach to assess clients and identify potential AML risks
- Undertaking Enhanced Due Diligence (EDD) on higher-risk clients and structures
- Conducting sanctions, PEP and adverse media screening and assessing relevant findings
- Reviewing and assessing Source of Funds and Source of Wealth information
- Identifying discrepancies, inconsistencies and potential risks within client information and documentation
- Communicating directly with clients to obtain outstanding information and documentation and resolve queries
Requirements
- Proven hands-on experience in AML client onboarding and CDD
- Experience conducting end-to-end onboarding rather than solely transaction monitoring or remediation work
- Strong experience dealing with corporate clients and complex ownership structures
- Experience with complex entities such as overseas structures, trusts, foundations and/or funds
- Practical experience of Enhanced Due Diligence (EDD)
- Good understanding of beneficial ownership, PSCs and ownership/control structures
- Experience assessing Source of Funds and Source of Wealth
- Strong understanding of AML regulations and the application of a risk-based approach
- Ability to explain and justify AML decisions and risk assessments
Please note: Candidates whose recent experience is primarily focused on banking transaction monitoring, remediation projects or purely process-driven KYC work may be less aligned with the requirements of this position. The role requires demonstrable practical experience applying AML principles to complex client onboarding scenarios.
Benefits
- Hybrid working
- 25 days' annual leave plus three additional days off at Christmas
- Healthcare Cash Plan
- Digicare+
- Employee Assistance Programme
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AML Analyst - Professional Services employer: Clear Legal & Financial Recruitment
Join a dynamic and supportive team in Belper, where your role as a Legal Secretary will be valued and rewarded. With a strong focus on employee wellbeing, we offer a health cash plan, generous annual leave, and opportunities for professional development, ensuring you thrive in a fast-paced environment. Our commitment to exceptional customer service and a collaborative work culture makes us an excellent employer for those seeking meaningful and fulfilling careers in the legal sector.
Contact Details:
Clear Legal & Financial Recruitment Recruitment Team
