At a Glance
- Tasks: Lead a compliance team ensuring AML activities meet legal standards and improve operations.
- Company: Join a top international law firm known for its commitment to excellence and integrity.
- Benefits: Enjoy competitive salary, professional development opportunities, and a dynamic work environment.
- Why this job: Be part of a culture that values innovation and collaboration while making a real impact.
- Qualifications: Degree level education required; law degree preferred with management experience in a law firm.
- Other info: Opportunity to shape compliance strategies and drive change within the organisation.
The predicted salary is between 48000 - 72000 £ per year.
A top international law firm is looking to hire an AML Compliance Manager supporting and reporting directly to the Director of AML Compliance and Chief Compliance Officer. The successful applicant will supervise and manage a compliance team responsible for AML (Anti-Money Laundering) activities, ensuring efficient operations, adherence to legal standards and continuous improvement.
Key Responsibilities
- Team Management: Lead and oversee day-to-day operations of the team. Support recruitment, performance reviews and manage performance-related issues. Ensure the team's skills remain current through training and development initiatives.
- AML Compliance Expertise: Analyse financial crime risks, including AML and sanctions, during client and matter acceptance processes. Guide the team on due diligence checks and risk assessments following regulations and policies. Address escalations, ensuring informed decisions on approvals or rejections. Update and adjust internal policies based on regulatory changes.
- Regulatory and Audit Support: Conduct quality assurance reviews to ensure compliance with systems and procedures. Assist with regulatory submissions, internal audits and external audit processes. Provide support in drafting suspicious activity reports.
- Projects and Strategy: Contribute to strategic initiatives and continuous software development for AML compliance. Foster collaboration and communication across teams and departments. Promote a culture of change management and innovation.
Qualifications & Experience:
- Educated to degree level, Law degree preferable and LPC desirable.
- Good working knowledge of all relevant legal and regulatory obligations (including Money Laundering Regulations, POCA, SAMLA, SRA Handbook, EU Money Laundering Directives, DFSA and ADGM rulebooks).
- Experience in a law firm.
- Management experience required.
AML Compliance Manager employer: ZipRecruiter
Contact Detail:
ZipRecruiter Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AML Compliance Manager
✨Tip Number 1
Network with professionals in the legal and compliance sectors. Attend industry events, webinars, or local meetups to connect with AML experts and learn about the latest trends and challenges in the field.
✨Tip Number 2
Stay updated on the latest AML regulations and compliance practices. Subscribe to relevant newsletters or follow key organisations on social media to ensure you’re aware of any changes that could impact your role.
✨Tip Number 3
Demonstrate your leadership skills by sharing examples of how you've successfully managed teams in the past. Highlight your experience in training and developing team members, as this is crucial for the role.
✨Tip Number 4
Prepare to discuss specific AML case studies or scenarios during interviews. Show your analytical skills by explaining how you would approach risk assessments and due diligence checks in real-world situations.
We think you need these skills to ace AML Compliance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in AML compliance and team management. Use specific examples that demonstrate your expertise in financial crime risk analysis and regulatory obligations.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this role. Emphasise your management experience and how it aligns with the responsibilities of leading a compliance team.
Highlight Relevant Qualifications: In your application, ensure you mention your educational background, particularly if you have a law degree or LPC. This is crucial as the firm values these qualifications highly.
Showcase Continuous Improvement Initiatives: Discuss any previous experiences where you contributed to strategic initiatives or software development in AML compliance. This will demonstrate your ability to foster innovation and change management within a team.
How to prepare for a job interview at ZipRecruiter
✨Showcase Your AML Knowledge
Make sure to brush up on your understanding of AML regulations and compliance frameworks. Be prepared to discuss specific laws like the Money Laundering Regulations and how they apply in practice, as this will demonstrate your expertise in the field.
✨Highlight Team Management Skills
Since the role involves leading a compliance team, be ready to share examples of your management experience. Discuss how you've supported team development, handled performance issues, and fostered a collaborative environment in previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about past experiences where you had to make tough decisions regarding compliance issues or risk assessments, and be ready to explain your thought process.
✨Demonstrate Adaptability and Innovation
The firm values continuous improvement and innovation. Be prepared to discuss how you've contributed to strategic initiatives or implemented new processes in your previous roles, showcasing your ability to adapt to changing regulations and promote a culture of change.