At a Glance
- Tasks: Analyse client data, investigate AML alerts, and ensure compliance with UK AML laws.
- Company: Join a leading firm dedicated to maintaining high compliance standards.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on continuous improvement and career advancement.
- Why this job: Make a real difference in combating financial crime while developing your analytical skills.
- Qualifications: Knowledge of UK AML regulations and experience in a compliance role.
The predicted salary is between 30000 - 40000 € per year.
Working in the firm's internal client and matter inception escalations team and reporting to the Risk and Compliance Director, this is a key role to ensure the firm's ongoing compliance with UK AML laws and guidance, triaging and investigating AML alerts.
Key Responsibilities
- Conduct detailed analysis of client and transaction information, identify red flags, and document clear, evidence-based conclusions in line with internal policies and regulatory expectations.
- Review and investigate flagged AML alerts from the external CMI team relating to client identity and verification, PEPs, UK and international sanctions, adverse media, and source of funds/source of wealth.
- Escalate higher-risk matters and potential suspicious activity to relevant stakeholders (e.g., MLRO/Compliance) in a timely manner, supporting Suspicious Activity Report (SAR) considerations where appropriate.
- Support AML due diligence processes for new and existing clients, including ongoing monitoring and periodic reviews, particularly within legal or professional services contexts.
- Maintain accurate files and audit-ready records, ensuring rationale and supporting evidence are captured appropriately.
- Support continuous improvement of AML processes and controls by identifying recurring issues, suggesting enhancements, and feeding back themes from investigations.
- Stay up to date with changes to AML laws, regulations, guidance, and typologies, and help translate updates into practical operational requirements.
Required Skills & Experience
- Excellent knowledge of UK AML requirements and the UK sanctions regime.
- Experience in AML compliance within a legal or professional services environment (or comparable regulated setting), at an analyst/associate level.
- Strong analytical skills, with the ability to interpret information from multiple sources, identify inconsistencies, and make sound risk-based decisions.
- Good communication skills (written and verbal), with the ability to document findings clearly and explain risk issues to varied stakeholders.
- High attention to detail and the ability to manage a caseload, prioritising effectively to meet deadlines and service levels.
- Comfortable working with case management systems, screening tools, and open-source research, while applying data protection and confidentiality requirements.
AML Risk Analyst (Client Onboarding) - Leeds, Nottingham or Birmingham employer: Freeths
As an AML Risk Analyst at our firm, you will be part of a dynamic team dedicated to ensuring compliance with UK AML laws while working in a supportive and collaborative environment. We offer excellent employee growth opportunities, a commitment to continuous improvement, and a culture that values your contributions, all within the vibrant cities of Leeds, Nottingham, or Birmingham. Join us to make a meaningful impact in a role that not only challenges you but also rewards your dedication and expertise.
StudySmarter Expert Advice🤫
We think this is how you could land AML Risk Analyst (Client Onboarding) - Leeds, Nottingham or Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in the AML field on LinkedIn or at industry events. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK AML laws and recent changes. We want you to be able to discuss how these impact client onboarding and compliance processes confidently.
✨Tip Number 3
Showcase your analytical skills! During interviews, be ready to share examples of how you've identified red flags or handled complex cases in the past. We love hearing about real-life experiences!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for passionate candidates who are eager to make a difference in AML compliance.
We think you need these skills to ace AML Risk Analyst (Client Onboarding) - Leeds, Nottingham or Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the AML Risk Analyst role. Highlight your experience with UK AML laws and any relevant compliance work you've done. We want to see how your skills match what we're looking for!
Show Off Your Analytical Skills:In your application, give examples of how you've used your analytical skills in past roles. We love candidates who can interpret complex information and make sound decisions, so don’t hold back on showcasing this!
Be Clear and Concise:When writing your cover letter or any supporting documents, keep it clear and to the point. We appreciate good communication skills, so make sure you document your findings and experiences in a way that's easy to understand.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we’ll be able to track your application better that way. Plus, it shows you’re keen on joining us at StudySmarter!
How to prepare for a job interview at Freeths
✨Know Your AML Stuff
Make sure you brush up on UK AML laws and the sanctions regime before your interview. Being able to discuss recent changes or trends in AML compliance will show that you're not just knowledgeable but also genuinely interested in the field.
✨Show Off Your Analytical Skills
Prepare to demonstrate your analytical abilities by discussing past experiences where you've identified red flags or made risk-based decisions. Use specific examples to illustrate how you triaged and investigated alerts, as this will highlight your practical experience.
✨Communicate Clearly
Practice explaining complex AML concepts in simple terms. You might be asked to explain your findings to stakeholders with varying levels of understanding, so being able to communicate clearly and effectively is key.
✨Be Detail-Oriented
Since attention to detail is crucial in this role, come prepared with examples of how you've maintained accurate records or managed a caseload. Highlight any systems or tools you've used to ensure compliance and efficiency in your work.
