KYC/AML Specialist

Stellar Select Limited; Enfield; Hybrid; GBP 35,000 - 41,000; Full time

Job summary

A well-established law firm is seeking a KYC/AML Specialist to implement compliance with AML regulations across departments. The role involves handling client due diligence queries, staff training, and collaborating on risk assessments, offering a competitive salary and robust benefits including 23 days holiday and ongoing development opportunities.

Benefits

23 days holiday plus bank and public holidays

Simply Health Cash plan

Employee assistance programme

Bupa (after qualifying period)

Free Legal and Conveyance fees

Volunteering days off

Enhanced Maternity and Paternity Leave

Company sick pay

Ongoing learning and development opportunities

Qualifications

• In-depth knowledge of Anti-Money Laundering and financial crime regulations.
• Experience in law firm is advantageous but not required.

Responsibilities

• Implement AML policies and ensure compliance with regulations.
• Handle daily KYC queries and provide staff training.
• Evaluate client onboarding processes and assess effectiveness.
• Identify compliance risks and produce actionable reports.

Skills

Analytical abilities

Problem-solving

Attention to detail

Communication skills

Organizational capabilities

Job description

Job Title: KYC/AML Specialist Location: Oxfordshire - Hybrid - 2 days WFH Salary: Up to circa £35,000, but open to considering higher salary expectations Hours: Monday to Friday 9 am to 5.30 pm Benefits:

• 23 days holiday plus bank and public holidays
• Simply Health Cash plan
• Employee assistance programme
• Bupa (after qualifying period)
• Free Legal and Conveyance fees
• Volunteering days off
• Enhanced Maternity and Paternity Leave
• Company sick pay
• Ongoing learning and development opportunities

About the position of the KYC/AML Specialist: This well-established law firm has been serving the local community for an extensive period of time, with multiple offices. Known for its long-standing reputation for excellence, the firm offers a comprehensive range of legal services. As a KYC/AML Specialist, you will be responsible for implementing the firm's Anti-Money Laundering, Client Due Diligence, and Sanctions policies across all departments, ensuring compliance with applicable financial crime legislation and regulations. Key aspects of the role include handling day-to-day AML/KYC queries, providing staff guidance and training, conducting monitoring and reporting activities, and reviewing systems and client onboarding processes. Responsibilities for the role of KYC/AML Specialist:

• Handling daily firmwide queries related to client due diligence and KYC, including source of funds verification and HMLR 'Safe Harbour' requirements.
• Referring staff to the MLRO in cases involving heightened risks of money laundering, proliferation financing, terrorist financing, or any suspicions.
• Supporting staff in interpreting and applying AML policies—including those related to Sanctions, CTF, and CPF—by identifying knowledge gaps and delivering targeted guidance and training.
• Maintaining the AML knowledge hub on the staff intranet by regularly updating FAQs, practical guides, policies, and other relevant resources.
• Evaluating the firm's current electronic ID and verification (EID&V) providers and client onboarding processes to assess effectiveness and implement approved enhancements.
• Collaborating with the Senior Ethics & Compliance Adviser and relevant Partner to ensure the Practice Wide Risk Assessment and financial crime policies reflect current legislation, regulations, emerging risks, and internal developments.
• Identifying compliance risks and areas of non-adherence, producing reports with actionable recommendations, including running system reports and following up with non-compliant staff.
• Managing and documenting the firm's monthly file review process by conducting initial compliance checks and coordinating with colleagues to complete qualitative legal reviews.
• Staying informed of updates in financial crime legislation, regulatory changes, and specific lender requirements relevant to the Lender Finance department.

Experience and skills required for the role of KYC/AML Specialist:

• In-depth knowledge of Anti-Money Laundering, Counter-Terrorist Financing, Counter-Proliferation Financing and sanctions-related laws and regulations.
• Strong analytical abilities, with the capacity to detect potential risks, evaluate the likelihood of suspicious activity, and thoroughly review documents for accuracy and completeness.
• Skilled in problem-solving, including resolving KYC-related issues and escalating complex cases when necessary.
• Attention to detail and strong organisational capabilities.
• Excellent written and verbal communication skills, with the ability to build effective working relationships.
• Experience within a law firm is advantageous but not required.
• Competent in analysing processes and data to identify and implement improvements.
• Comfortable collaborating across all levels of the organisation, including senior management and partners.
• Demonstrates high levels of honesty and integrity in all professional dealings.

For more information regarding the role of KYC/AML Specialist please contact us Stellar Select is acting as an employment agency and is a corporate member of the REC. Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.