AML Analyst

Dentons; City of Edinburgh; On-site; GBP 30,000 - 40,000; Full time

Job summary

Dentons is seeking a 12 Month Fixed Term Contract to support the AML Operations Manager and Global Head of AML and Sanctions Compliance in implementing the firm-wide AML and sanctions programme. The role involves conducting Client Due Diligence and advising on risk issues and regulatory compliance.

You will assess client matters for AML and sanctions risk, assist with sanctions screening and ongoing monitoring, and liaise with partners on AML issues as part of a busy professional services

Qualifications

• Bachelor-level or higher degree in a relevant field.
• 1-2 years of legal or compliance experience in a law firm or professional services.
• Strong research skills across relevant sources and IT tools.
• Solid knowledge of compliance rules including client care, conflicts, confidentiality, anti-bribery, money laundering and sanctions.
• Ability to assemble research and produce clear, accurate findings.
• Ability to analyse issues and draw succinct conclusions; draft emails clearly.

Responsibilities

• Undertaking and handling all types of Client Due Diligence (CDD).
• Review and assess risks of new clients and matters from AML, sanctions and reputational perspectives.
• Carry out client and matter risk assessments and sanctions screening updates.
• Assist with ongoing monitoring of clients and matters and advise on risk issues.
• Provide a liaison service to partners on AML and sanctions matters; engage with clients directly.

Skills

Research skills

Written & verbal communication

Analytical thinking

Attention to detail

Client liaison

Education

Relevant University Degree

Tools

Intapp OPEN

MS Office

Job description

Department: Business Acceptance (AML Team)

Duration: 12 Month Fixed Term Contract

Reference number: 10678

The Role

12 Month Fixed Term Contract

To support the AML Operations Manager and the Global Head of AML and Sanctions Compliance to implement the Firm-wide Anti-Money Laundering (AML) and sanctions programme and undertake Client Due Diligence (CDD) checks on clients.

The role will involve assessing clients and their matters to ensure compliance with applicable AML legislation and to advise the Firm on financial crime and other risk issues.

Duties & Responsibilities

• Undertaking and handling all types of Client Due diligence (CDD).
• Review and assess the risks of all new clients and matters from AML, sanctions and reputational risks perspective.
• Undertaking client and matter risk assessments.
• Undertaking sanctions screening updates.
• Assisting with the ongoing monitoring of clients and matters.
• Advising on sanctions, professional ethical obligations, matter and billing structure, engagement terms and inter-office working arrangements.
• Providing a 'concierge' service to partners by liaising with clients directly on AML and sanctions issues, either in person, on the phone or in writing.
• Managing all stages of the matter opening process and elevate any issues as necessary.
• Assists with the firm's internal audit processes.
• Dealing with basic data protection queries relevant to AML.
• Assisting with AML and Sanctions training to the Firm.
• Reviewing and updating Dentons' internal compliance policies and procedures.
• Assisting with projects and ad hoc assignments as required.

The above list is not exhaustive as the team and the firm continue to evolve and develop with the changing domestic and international legal landscapes and as we identify new ways of improving our service to the firm.

More important than any particular skill, we are looking for dynamic and flexible team players with highly developed critical thinking who can assess legal and commercial risks presented to the firm and advise on appropriate mitigation strategies.

Experience, Skills & Knowledge

Technical Skills

• Relevant University Degree.
• 1-2 years legal or compliance experience working in a law firm or a professional services environment. Other experience which demonstrates the necessary critical thinking and risk assessment will be considered.
• Highly effective research skills using all relevant information sources, including IT resources and ability to use them to their full potential.
• A good knowledge of relevant compliance rules and regulations, including (but not limited to) client care, conflicts of interest, confidentiality, anti-bribery and corruption, money laundering, sanctions.
• Able to assemble research and produce clear, accurate findings.
• Can analyse issues and draw/express conclusions succinctly.
• Able to use internal precedents and draft emails in plain English.
• PC literate with a good working knowledge of MS Office, e.g. Word, Excel, PowerPoint and Outlook.
• Able to keep all general administration up-to-date and under control.
• Experience using new business intake systems e.g Intapp OPEN.

Personal skills / attributes

• Versatile, resourceful and creative thinker who is ready to get involved in whatever task is facing the team.
• Proficient written and verbal communication skills.
• Can effectively and clearly explain problems and issues to partners and clients and actively contribute to their resolution.
• Effective problem solving and analytical skills; can clearly explain and present problems and issues to others.
• Able to demonstrate strong customer facing skills.
• Able to make incisive decisions and operate efficiently in challenging situations.
• Able to effectively manage and prioritise tasks where appropriate.
• Able to analyse and recognise the need for improvement to systems and controls and suggest options for improvements to the AML Operations Manager.
• Take an efficient and organised approach to dealing with administration.
• Able to be an ambassador for Dentons, being professional in outlook and attitude.

Firm Profile

Across more than 80 countries, Dentons helps you grow, protect, operate and finance your organisation by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you. www.dentons.com

Inclusion and Diversity

We are committed to building an inclusive culture here at Dentons where our people can thrive, regardless of their background or circumstance. As well as being the right thing to do, it makes good business sense too. A richness of backgrounds, experiences and perspectives helps us best serve our clients and the communities in which we operate. You can find out more about inclusion and diversity at Dentons here: Inclusion and Diversity

Dentons is committed to providing equal opportunities for all. We welcome applications from everyone including of any age, ethnicity, religion, sex, sexual orientation, gender identity, nationality, neurotype, disability, or with parental or caring responsibilities. We are also "Happy to Talk Flexible Working" and welcome conversations about flexible working arrangements.

Dentons is a Disability Confident employer. Candidates with a disability may choose to apply under the Disability Confident Scheme. We will offer an interview to disabled applicants who meet the minimum criteria for the role. Where application volumes are high, we may offer interviews to those who best meet the minimum criteria, consistent with our approach for all candidates.

During the application process, all applicants have the opportunity to tell us about any adjustments or support they require so they are able to perform at their best. Any information you share with us during the application process is treated in confidence.