Full job descriptionAML 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:
*Salary up to £45,000
*Hybrid working (3 days office / 2 days remote)
*Generous employee benefits and in-office perks
*09:30-17:30 working hours
AML Compliance Assistant – What You’ll Be Doing:
*Performing due diligence on clients, counterparties and third-party payors through research and liaising with fee earners, secretaries and the finance team.
*Performing Politically Exposed Person, adverse press and sanctions searches using a variety of research tools.
*Summarising results of research and drafting and circulating client risk assessments and matter risk assessments.
*Updating Firm software and databases with relevant information to ensure accuracy and consistency.
*Identifying and escalating red flags and higher risk matters as set out in Firm policy.
*Performing ongoing monitoring on completed AML files and periodic checks on personal identification documentation obtained as necessary.
*Assisting with the development and presentation of training for lawyers and business services staff.
*Assisting with updates to practice wide risk assessments and policies as required.
AML Compliance Assistant – What We’re Looking For:
*1+ year of experience working in an AML and / or sanctions compliance environment within a global law firm.
*Knowledge of AML legislation and guidance.
*Experience of performing diligence checks (including research and risk assessments) on entities and individuals.