AML Analyst

Simpson Thacher & Bartlett LLP; Greater London; Hybrid; GBP 50,000 - 70,000; Full time

Benefits offered by this job

Hybrid work model

Competitive salary

Job summary

Simpson Thacher & Bartlett LLP, a leading international law firm with London presence, seeks an AML Analyst to join the AML team and ensure regulatory compliance across jurisdictions.

You will review client and matter risk, perform sanctions/PEP screening, assist with enhanced due diligence, and maintain records while coordinating with partners and business services in a fast-paced, collaborative environment.

Qualifications

• Bachelor's degree required (2:1 or above preferred).
• Law degree preferred.
• AML experience essential within an international law firm.
• Understanding of AML/CTF/CPF requirements and industry standards as well as wider financial crime risks in legal services.
• Strong analytical and research skills.
• Experience of AML and client due diligence processes and systems.
• Very high attention to detail.
• Excellent written and verbal communication.
• Ability to act autonomously with minimal supervision.
• Team player; strong judgment.
• Able to work in a fast-paced environment.
• Good planning, time management and prioritisation skills.
• Strong knowledge of Microsoft Office applications, including Excel.

Responsibilities

• Review AML and financial crime risks on new client requests.
• Document client and matter risk assessments for internal/external review.
• Perform sanctions, PEP and watchlists screening and escalate as needed.
• Assist with EDD on high-risk clients/matters and conduct further research.
• Assist with client and matter ongoing monitoring activities.
• Communicate with partners, associates and business services teams.
• Maintain internal compliance registers, checklists and protocols.
• Assist with audit preparation.
• Provide support with ad hoc AML/CTF tasks and data collation.
• Keep up to date with regulatory changes in relevant jurisdictions.

Skills

AML experience

Analytical skills

Research skills

Attention to detail

Communication skills

Autonomous working

Team player

Time management

Planning

Education

Bachelor's degree

Law degree preferred

Tools

Microsoft Excel

Office suite

Job description

Simpson Thacher & Bartlett LLP is one of the world’s leading international law firms. The Firm was established in 1884 and has more than 2,000 lawyers. Headquartered in New York with offices in Beijing, Boston, Brussels, Hong Kong, Houston, London, Los Angeles,Luxembourg.Palo Alto, San Francisco, São Paulo, Singapore, Tokyo and Washington, D.C., the Firm provides coordinated legal advice and transactional capability to clients around the globe.

Description/Job Summary

The AML Analyst will follow the firm’s AML processes, ensuring full compliance with regulatory and legal obligations across various jurisdictions, as part of a high performing AML team.

Responsibilities/Duties

• Review and assess the AML and other financial crime risks associated with new client and matter requests;
• Document client and matter risk assessments in a manner suitable for review by internal and external stakeholders in accordance with the firm’s policies and procedures;
• Perform adverse media, sanctions, PEP and watchlists screening on various parties, utilising a number of trusted industry sources, analysing findings and escalating as required;
• Assist with EDD on high-risk clients/matters, conducting further research, identifying and escalating cases with financial crime concerns where necessary;
• Assist with client and matter ongoing monitoring activities;
• Effectively communicate with key internal stakeholders, including partners, associates and other business services teams (e.g., Conflicts and Accounts);
• Assist with record-keeping and maintenance of internal compliance registers, checklists and protocols as required;
• Assist with audit preparation;
• Provide support with ad hoc administrative tasks as required (e.g., data collation);
• Keep abreast of regulatory changes and developments in the jurisdictions within which the firm operates (e.g., the FATF black and grey lists);
• Assist with procedural changes following policy or regulatory updates;
• Assist with research and updating training materials as and when required; and
• Assist with ad hoc AML/CTF and wider compliance projects as and when required.

Required Skills

• Bachelor's degree required (2:1 or above preferred);
• Law degree preferred;
• AML experience essential within an international law firm;
• Understanding of AML/CTF/CPF requirements and industry standards as well as of wider financial crime risks associated with the services in the legal sector;
• Strong analytical and research skills;
• Experience of AML and client due diligence processes and systems;
• A very high level of attention to detail;
• Excellent communication skills, written and verbal;
• Ability to act autonomously with minimal supervision;
• Team player;
• Must have sound judgment;
• Able to work in a fast-paced environment;
• Good planning, time management and prioritisation skills; and
• Must have strong knowledge of Microsoft office applications, including Excel skills.

Details

Salary and Benefits: Competitive

Hybrid: Monday-Thursday in office, ability to WFH on Fridays

Simpson Thacher is committed to ensuring that everyone can reach their full potential, irrespective of background, identity, or circumstance. We know that we are at our best when we bring together diverse experiences and perspectives. This is why we are focused on fostering a collegial environment which maximises collaboration, empowering every individual to thrive and succeed.