AML Advisor

Mishcon de Reya; City of Westminster; On-site; GBP 55,000 - 75,000; Full time

Job summary

A leading law firm in the UK is seeking a Senior AML Advisor to act as a trusted advisor to their Risk and Compliance department. You will oversee AML policies and provide mentorship to junior team members. Key responsibilities include collaborating with Financial Crime Risk Managers, supervising AML analysts, and ensuring high-quality service delivery. The ideal candidate should have expert knowledge in AML regulations, strong communication skills, and the ability to manage diverse workloads. This role offers the opportunity to develop professionally in a supportive environment.

Benefits

Agile working culture

Training and development opportunities

Inclusive workplace

Qualifications

• Extensive experience in handling complex AML queries in a legal environment.
• Ability to provide tailored solutions to financial crime-related issues.
• Strong communicator able to engage with various stakeholders.

Responsibilities

• Work with Financial Crime Risk Managers to ensure AML policies are implemented.
• Supervise the AML analyst team, providing support and mentorship.
• Act as a role model and lead on significant projects.
• Perform daily regulatory updates for the MLRO team.

Skills

Expert knowledge in AML and financial crime issues

Strong interpersonal skills

Attention to detail

Ability to manage workload

Training delivery experience

Education

Extensive experience as a senior AML Analyst

In-depth knowledge of UK money laundering regulations

Tools

Intapp

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

The role will involve acting as a trusted advisor to the Risk and Compliance department, and the Firm as a whole, on all forms of AML queries. This will require you to be expertly knowledgeable in all areas of AML regulation and guidance, leading by example to implement the Firm's AML policies and processes. You will work closely with the Financial Crime Risk Managers to accomplish this. This role will also involve the supervision, training and mentorship of junior members of the team, both relating to their work and their overall growth and development, and the opportunity to take on / get involved in projects that have a wider impact on the firm.

Key Responsibilities

• Work with the Financial Crime Risk Managers to set the standard and ensure that the Firm's AML policies, processes and systems are being implemented to an increasingly high standard.
• Supervise a small group in the AML analyst team, providing on-the-job support, guidance & mentoring and supporting growth and development conversations and plans.
• Act as a role model and clear point of escalation for all junior members of the AML analyst team, offering extensive training support and guidance.
• Support and take pride in developing a 'One Team' environment.
• Confidently engage in meaningful conversations with Partners, lawyers and other staff at all levels to provide expert AML services.
• Expertly clear complex AML-related issues throughout the matter opening process and after matter opening where required. This will include being able to identify all pertinent risk issues relevant to the matter and situation at hand, as well as identifying tertiary issues that may become relevant depending on the facts. You will be expected to be able to handle, and know how to mitigate, most of these risk issues.
• Efficiently gather and assess customer due diligence information for new and existing clients taking into account the Firm's AML policies & processes, AML regulations and guidance and any relevant commercial considerations.
• Understand the regulatory landscape in the AML and wider financial crime sector. Maintain up-to-date knowledge of AML regulations, best practice and relevant guidance and can apply regulatory changes to the Firm's existing policies, processes and systems.
• Proactively lead on potential enhancements to the Firm's AML policies, regulations and systems - both when you identify them and when identified by those around you.
• Ensure that overall AML analyst team workload is managed effectively and appropriately, and that all queries are managed in a timely and efficient manner and are completed to a high standard of quality.
• Proactively identify training needs within the AML team and deliver on them.
• Work with colleagues across the Risk and Compliance Department, as well as colleagues in other departments as necessary, to identify efficiencies and improvements in providing our service to the Firm.
• Become involved in, as an AML Advisor, and lead where required, on projects as and when they come up.
• Provide daily/regulatory updates to the MLRO team on sanctions, SRA, AML related developments.
• Contribute to broader initiatives within the Risk & Compliance department and wider firm which may extend beyond your specialism.
• Actively take ownership of developing your network both across the wider Mishcon de Reya Group and externally and utilise these networks to your advantage to understand larger sector issues which may impact on your role and us as a firm and to learn about best practices within the industry.

Risk and Compliance work in collaboration with the business to ensure best practice across the Firm, effectively managing all aspects of the regulation surrounding the efficient running of the Firm. We are looking for someone with high attention to detail who prides themselves on providing an excellent service. The role will involve working with key internal stakeholders in a fast-paced environment, so managing your time and the expectations of others is paramount. You will be joining a hardworking and fun team, who work together to provide a high level of service to the Firm and its clients. This role will predominately support the AML & Conflicts team as well as the Risk and Compliance Manager and Financial Crime Risk Managers.

Qualifications

• Extensive experience as a senior AML Analyst (or equivalent) where you consistently handled and delivered on complex AML and other financial crime related queries in a legal environment.
• Expert knowledge in researching, analysing and providing tailored solutions to AML and other financial crime-related issues.
• An in-depth working knowledge of the UK money laundering regulations and appropriate regulatory guidance, as well as strong working knowledge of wider financial crime industry practices.
• A good understanding of the SRA Standards and Regulations.
• Experience in using Intapp is highly desirable.
• Experience working in an international team setting is highly desirable.
• Experience of devising and delivering training is desirable.
• Experience drafting and / or reviewing policies, and being engaged in these processes, is desirable.
• A genuine desire in developing a career in Risk and Compliance, including willingness and appetite to learn and develop knowledge in other areas of Risk and Compliance.
• Can manage own varied workload with multiple priorities running concurrently.
• Can manage others' workload effectively and efficiently.
• Strong interpersonal skills to be able to present yourself in a confident and commercial manner to a range of stakeholders.
• Work independently to solve complex issues with minimal guidance.
• Exceptional attention to detail and organisational skills.
• Take accountability for your workstreams, maintaining high standards and consistently delivering excellence.
• Strong communicator and able to confidently manage conversations with stakeholders of all seniority.
• Develop a high level of trust and confidence with senior management.
• Takes responsibility for, and attends to, self-development.
• Resilient and calm under pressure and is able to manage those around them in a similar manner.
• Adaptable and flexible in your approach to day-to-day tasks.
• Proficiency in MS Packages including Microsoft Word, Excel, Outlook and Internet Explorer.

Mishcon de Reya is an independent law firm, which now employs over 1400 people with more than 650 lawyers offering a wide range of legal services to companies and individuals. The firm has grown rapidly in recent years, showing more than 40% revenue growth in the past five years alone. With presence in London, Oxford, Cambridge, Singapore, Hong Kong and UAE, the firm services an international community of clients and provides advice in situations where the constraints of geography often do not apply. The work the firm undertakes is cross-border, multi-jurisdictional and complex, centred around three increasingly entwined and connected sectors: the Innovation Economy, Private Wealth and Capital, and Real Estate. The firm is known as a disputes powerhouse with a formidable capacity firmwide for dispute resolution. We strive to create a fully diverse and inclusive workplace where all our people are empowered to fulfil their potential. We are proud of our agile working culture and are always happy to talk flexible working.