AML Compliance Assistant in City of London

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:

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• Salary up to £45,000
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• Hybrid working (3 days office / 2 days remote)
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• Generous employee benefits and in-office perks
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• 09:30-17:30 working hours
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AML Compliance Assistant – What You’ll Be Doing:

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• Performing due diligence on clients, counterparties and third-party payors through research and liaising with fee earners, secretaries and the finance team.
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• Performing Politically Exposed Person, adverse press and sanctions searches using a variety of research tools.
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• Summarising results of research and drafting and circulating client risk assessments and matter risk assessments.
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• Updating Firm software and databases with relevant information to ensure accuracy and consistency.
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• Identifying and escalating red flags and higher risk matters as set out in Firm policy.
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• Performing ongoing monitoring on completed AML files and periodic checks on personal identification documentation obtained as necessary.
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• Assisting with the development and presentation of training for lawyers and business services staff.
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• Assisting with updates to practice wide risk assessments and policies as required.
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AML Compliance Assistant – What We’re Looking For:

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• 1+ year of experience working in an AML and / or sanctions compliance environment within a global law firm.
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• Knowledge of AML legislation and guidance.
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• Experience of performing diligence checks (including research and risk assessments) on entities and individuals.
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