AML Analyst - Professional Services

Clear IT Recruitment Ltd; Greater London; Hybrid; GBP 40,000 - 65,000; Full time

Benefits offered by this job

Hybrid working

Healthcare Cash Plan

Digicare+

Employee Assistance Programme

25 days' annual leave + Christmas days

Job summary

Clear IT Recruitment Ltd is seeking an experienced AML Analyst to join its Compliance team in London. The role focuses on client onboarding and due diligence within a professional services environment, handling corporate clients and complex ownership structures with a practical, risk-based AML approach.

The ideal candidate will have hands-on AML onboarding experience, including EDD and screenings for sanctions, PEPs, and adverse media, and be able to explain AML decisions clearly to clients and

Qualifications

• Proven hands-on experience in AML client onboarding and CDD.
• Experience with end-to-end onboarding, not just transaction monitoring.
• Experience dealing with corporate clients and complex ownership structures.
• Experience with overseas structures, trusts, foundations and funds.
• Practical experience of Enhanced Due Diligence (EDD).
• Understanding of beneficial ownership, PSCs and ownership/control structures.
• Experience assessing Source of Funds and Source of Wealth.
• Knowledge of AML regulations and risk-based approach.
• Ability to explain and justify AML decisions and risk assessments.

Responsibilities

• Managing end-to-end AML client onboarding and due diligence for new corporate clients.
• Reviewing complex ownership structures to identify beneficial owners and PSCs.
• Conducting electronic verification and other due diligence checks.
• Applying a risk-based approach to assess clients and identify AML risks.
• Undertaking Enhanced Due Diligence (EDD) on higher-risk clients and structures.
• Conducting sanctions, PEP and adverse media screening and assessing findings.
• Reviewing Source of Funds and Source of Wealth information.
• Identifying discrepancies, inconsistencies and potential risks within client information and documentation.
• Communicating directly with clients to obtain outstanding information and documentation and resolve queries.

Skills

AML client onboarding

CDD

Complex ownership structures

Enhanced Due Diligence (EDD)

Sanctions & PEP screening

Risk assessment

Communication with clients

Regulatory knowledge

Job description

Our client is seeking an experienced AML Analyst to join its Compliance team in London.

The role will be focusing on client onboarding and due diligence within a professional services environment. You will be involved with working with corporate clients and complex ownership structures, requiring someone who can apply a practical, risk-based approach to AML rather than simply following prescribed processes.

The successful candidate will ideally come from a legal, accountancy or similar professional services environment and have experience dealing with complex entities, including overseas structures, trusts, foundations and funds.

Key Responsibilities

• Managing end-to-end AML client onboarding and due diligence for new corporate clients
• Reviewing complex corporate and ownership structures and identifying beneficial owners and PSCs
• Conducting electronic verification and other appropriate client due diligence checks
• Applying a risk-based approach to assess clients and identify potential AML risks
• Undertaking Enhanced Due Diligence (EDD) on higher-risk clients and structures
• Conducting sanctions, PEP and adverse media screening and assessing relevant findings
• Reviewing and assessing Source of Funds and Source of Wealth information
• Identifying discrepancies, inconsistencies and potential risks within client information and documentation
• Communicating directly with clients to obtain outstanding information and documentation and resolve queries

Please note: Candidates whose recent experience is primarily focused on banking transaction monitoring, remediation projects or purely process-driven KYC work may be less aligned with the requirements of this position. The role requires demonstrable practical experience applying AML principles to complex client onboarding scenarios.

Requirements

• Proven hands-on experience in AML client onboarding and CDD
• Experience conducting end-to-end onboarding rather than solely transaction monitoring or remediation work
• Strong experience dealing with corporate clients and complex ownership structures
• Experience with complex entities such as overseas structures, trusts, foundations and/or funds
• Practical experience of Enhanced Due Diligence (EDD)
• Good understanding of beneficial ownership, PSCs and ownership/control structures
• Experience assessing Source of Funds and Source of Wealth
• Strong understanding of AML regulations and the application of a risk-based approach
• Ability to explain and justify AML decisions and risk assessments

Benefits

• Hybrid working
• 25 days' annual leave plus three additional days off at Christmas
• Healthcare Cash Plan
• Digicare+
• Employee Assistance Programme