AML Assistant (FTC)

Simpson Thacher & Bartlett LLP; Greater London; Hybrid; GBP 30,000 - 40,000; Full time

Benefits offered by this job

Hybrid in-office Mon-Thu, WFH Fri

Competitive salary and benefits

Equal opportunities

Job summary

Simpson Thacher & Bartlett LLP is seeking an AML Assistant to support the AML team with administrative tasks and the implementation of AML processes across jurisdictions.

The role involves learning AML procedures, conducting KYC/document verification, and assisting with ongoing monitoring, screening, and EDD on high‑risk clients. Hybrid working arrangement available.

Qualifications

• Bachelor's degree required (2:1 or above preferred).
• Law degree preferred.
• Strong analytical and research skills.
• Very high level of attention to detail.
• Excellent written and verbal communication skills.
• Ability to work autonomously with minimal supervision.
• Team player with sound judgment.
• Able to work in a fast-paced environment.
• Good planning, time management and prioritisation skills.
• Proficient in Microsoft Office applications, including Excel.

Responsibilities

• Support AML Team with administrative tasks and data collation.
• Assist with AML processes and regulatory compliance.
• Review AML risks for new clients and matters; escalate as needed.
• Assist with client due diligence and KYC documentation.
• Document risk assessments for review by internal/external stakeholders.
• Support adverse media, sanctions, PEP and watchlist screening.
• Assist with EDD on high-risk clients/matters and follow-up research.
• Communicate with partners, associates and business services teams.
• Support audit preparation and AML/CTF/compliance projects.
• Keep abreast of regulatory updates across jurisdictions.
• Assist with updating training materials as required.

Skills

Analytical skills

Research skills

Attention to detail

Communication skills

Autonomy

Team player

Judgment

Fast-paced environment

Planning and time management

Education

Bachelor's degree

Law degree

Tools

Microsoft Excel

Job description

The firm 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 Assistant will support the wider AML team through the provision of administrative support and assistance with the implementation of 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

• Support the AML Team with regular and ad hoc administrative tasks, including maintaining tracker spreadsheets, cross-checking records, Team mailbox management and data collation / hygiene;
• Work closely with the wider AML team, who will provide training on carrying out more complex AML analysis.
• Review the AML and other financial crime risks associated with new client and matter requests, escalating to the AML Manager as required;
• Assist with conducting client due diligence;
• 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;
• Collect, review, and verify KYC documentation in accordance with firm policies and AML regulations;
• Support the ongoing monitoring of AML files and documentation ensuring record-keeping and maintenance of internal compliance registers, checklists and protocols;
• Provide support with the performance of 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 as necessary;
• Effectively communicate with key internal stakeholders, including partners, associates and other business services teams (e.g., Conflicts and Accounts);
• Assist with audit preparation and other ad hoc AML/CTF and wider compliance projects as necessary;
• Keep abreast of regulatory changes and developments in the jurisdictions within which the firm operates (e.g., the FATF black and grey lists);
• Contribute to the implementation of procedural changes following policy or regulatory updates and;
• Assist with research and updating training materials as and when required.

Required Skills

• Bachelor's degree required (2:1 or above preferred);
• Law degree preferred;
• Strong analytical and research skills;
• 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.

Salary and Benefits: Competitive

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

Equal Opportunities

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.