AML Analyst

Ropes & Gray is a global law firm that operates across 17 time zones and has more than 1,400 lawyers based in the United States, Europe and Asia who collaborate seamlessly to provide clients with high-quality representation in innovative industries that shape the global economy. Our clients include private equity firms, pharmaceutical and biotech companies, financial institutions, mutual funds, hospital systems, and more.

Client by client, we’ve built a reputation for first-class work, a pragmatic approach, and impeccable standards of service and ethics. We count many of the world’s most respected companies and institutions as longtime clients, and serve organizations at all stages of development. Clients trust us with their most important matters because they know we understand their businesses and deliver the results they need.

Our deeply rooted culture of teamwork means that our lawyers work closely with colleagues around the world to provide support to clients. This collaborative approach encourages our lawyers to work alongside partners and clients on sophisticated matters. We work as a team to support a range of leading legal practices, including private equity, M&A, capital markets, finance, asset management, real estate, tax, antitrust, life sciences, health care, intellectual property, litigation & enforcement, data, privacy & cybersecurity, and business restructuring.

Ropes & Gray London is one of the largest offices in the Ropes & Gray network, and the hub of the firm’s EMEA network and set up in London in 2010. While we are now an established presence in the UK, we’ve retained all the buzz of our start-up years. It makes us a little bit different: it means we have the stature and resources of a major international law firm combined with the pace, inclusivity and career progression of a specialist firm. Our clients like to work with us. We are, of course, always professional, but we are personal, and personable with it.

As a group, we’re international, diverse and our team is always professional, but uniquely personable. With around 31 partners, 137 fee earners and a trainee intake of 13, everybody in the office knows everyone else. That means that every hire we make is an important investment for the firm, because each team member has a distinct role to play in delivering excellent service to our clients.

The department: 6 Month Contract

The role:

• Complete client and matter due diligence checks.
• Investigate control and ownership structures.
• Research and obtain ownership information to identify or discount ultimate beneficial owners.
• Assess risk profiles of new and existing clients and third party payers through independent research and review of CDD materials.
• Conduct due diligence using various third party and internal databases, including with respect to source of wealth and source of funds.
• High-risk factor identification and (where applicable) mitigation, including (but not limited to) sanctions issues, PEPs, jurisdiction and industry.
• Internal reporting to MLRO.
• Complete client, matter and third party payer risk assessments in compliance with the Firm’s AML policies, controls and procedures.
• Work with the Billing team in relation to billing queries, including client account and third party payer scenarios.
• Take proactive ownership of “low to medium” files for the purpose of applying CDD clearance for relevant parties and matters, in accordance with the Firm’s policies and procedures and with minimal supervision.
• Assist with ongoing monitoring.
• Maintain and update the Firm’s AML records and refresh historic data.
• Work collaboratively within the AML team, the broader Office of General Counsel and across other business services functions, including assisting with additional department projects and duties, as required.
• Assist with workflow and respond to queries from LEAs, the billing team, business support teams and fee earners, including partners.
• Develop and maintain an understanding of the Firm’s AML policies, controls and procedures and the applicable law, regulation and guidance upon which they are based.

Qualifications and Skills:

• The successful candidate will demonstrate the ability to undertake duties of a responsible and confidential nature, will have a high level of professionalism, discretion, integrity and initiative.
• Educated to minimum of A-Levels or equivalent.
• At least two years’ experience within the AML team of a law firm.
• The ability to work confidently in a fast-moving professional environment.
• Excellent organization skills and attention to detail.
• Excellent communication skills and the ability to work effectively both as part of a team and independently.
• Advanced IT skills including strong working knowledge of Word, Outlook, PowerPoint, Excel and iManage.