Anti-Money Laundering Analyst

Birchrose Associates; Greater London; On-site; GBP 42,000 - 62,000; Full time

Job summary

Birchrose Associates, London-based, a leading international law firm, seeks an experienced AML Analyst to join its AML team on a permanent basis. You will conduct client due diligence, assess risk, and ensure compliance with AML policies, working closely with fee earners, Partners and the Billing team.

Responsibilities include CDD checks, source of wealth/funds checks, sanctions/PEP screening, and ongoing client monitoring.

Qualifications

• Two years' experience in an AML team at a law firm.
• Educated to A-Level standard or equivalent.
• Strong knowledge of client due diligence and AML processes in a legal environment.
• Excellent organisational skills and high attention to detail.
• Strong written and verbal communication with Partners and senior stakeholders.

Responsibilities

• Completing client, matter and third-party payer due diligence checks.
• Investigating complex control and ownership structures and identifying ultimate beneficial owners.
• Conducting independent research and reviewing CDD documentation to assess risk.
• Carrying out source of wealth and source of funds checks using internal and external databases.
• Identifying and assessing high-risk factors, including sanctions, PEPs, jurisdictions and industry risks.
• Completing client, matter and third-party payer risk assessments in line with AML policies.
• Taking proactive ownership of low to medium-risk files with minimal supervision.
• Escalating relevant matters and providing internal reporting to the MLRO.
• Assisting with ongoing client monitoring and periodic reviews.
• Maintaining accurate AML records and refreshing historic data.
• Working with Billing on billing queries including client and third-party payer scenarios.
• Responding to queries from fee earners and Partners.
• Collaborating on AML projects and initiatives.
• Developing and maintaining understanding of AML policies, controls and guidance.

Skills

AML experience

Attention to detail

Communication skills

Independent & team work

Education

A-Level standard

Tools

Word

Outlook

Excel

PowerPoint

iManage

Job description

Our client, a leading international law firm, is seeking an experienced AML Analyst to join its London team on a permanent basis.

The Firm

Our client is a highly regarded global law firm with an established presence across the US, Europe and Asia. The firm is recognised for its high-quality legal work, pragmatic approach and strong commitment to client service and professional standards.

Its London office is a key hub for the firm's EMEA network, combining the resources and sophistication of a major international law firm with a collaborative, inclusive and personable culture. The office provides an excellent environment for professionals looking to develop their careers within a genuinely international business.

The Opportunity

This is an excellent opportunity for an experienced AML Analyst to join the firm's AML team and play a key role in supporting the firm's client and matter onboarding processes.

Working closely with the AML team, Office of General Counsel and wider business services functions, the successful candidate will be responsible for conducting client due diligence, assessing risk and ensuring compliance with the firm's AML policies, controls and procedures. The role will also involve regular interaction with fee earners, Partners, the Billing team and other internal stakeholders.

Key responsibilities include:

• Completing client, matter and third-party payer due diligence checks
• Investigating complex control and ownership structures and identifying ultimate beneficial owners
• Conducting independent research and reviewing CDD documentation to assess client and third-party payer risk
• Carrying out source of wealth and source of funds checks using internal and external databases
• Identifying and assessing high-risk factors, including sanctions, PEPs, jurisdictions and industry risks
• Completing client, matter and third-party payer risk assessments in line with the firm's AML policies and procedures
• Taking proactive ownership of low to medium-risk files and applying CDD clearance with minimal supervision
• Escalating relevant matters and providing internal reporting to the MLRO
• Assisting with ongoing client monitoring and periodic reviews
• Maintaining accurate AML records and refreshing historic data where required
• Working closely with the Billing team on billing queries, including client account and third-party payer scenarios
• Responding to queries from fee earners, Partners, business support teams and law enforcement agencies where required
• Working collaboratively with the wider AML and Office of General Counsel teams on departmental projects and initiatives
• Developing and maintaining a strong understanding of the firm's AML policies, controls and procedures, as well as relevant legislation, regulation and guidance

Requirements

• At least two years' experience within an AML team at a law firm
• Educated to A-Level standard or equivalent
• Strong knowledge of client due diligence and AML processes within a legal environment
• Excellent organisational skills and a high level of attention to detail
• Strong written and verbal communication skills, with the confidence to work with Partners and senior stakeholders
• Ability to work effectively both independently and as part of a collaborative team
• Comfortable working in a fast-paced professional environment
• Proactive, solutions-focused approach with a high degree of initiative
• High level of professionalism, discretion and integrity
• Advanced IT skills, including Word, Outlook, PowerPoint, Excel and iManage