AML Compliance Assistant

Innovative US law firm who work with market leading global clients within emerging industries, are seeking a new AML Compliance Assistant on a permanent basis. They will be responsible for fulfilling AML requirements and carrying out necessary processes for London and other offices. The firm are open to looking at Paralegals or Future Trainees with AML experience.

• Salary up to £45,000
• Hybrid working – 3 days in the office / 2 days remote
• Great benefits inc. private health care, life insurance
• 7am to 3:30pm or 8am to 4:30pm 

AML Compliance Assistant Key Responsibilities:

• Performing due diligence on clients, counterparties and third-party payors through research and liaising with fee earners, secretaries and the finance team.
• Performing Politically Exposed Person, adverse press and sanctions searches using a variety of research tools.
• Summarising results of research and drafting and circulating client risk assessments and matter risk assessments.
• Updating Firm software and databases with relevant information to ensure accuracy and consistency.
• Identifying and escalating red flags and higher risk matters as set out in Firm policy.
• Performing ongoing monitoring on completed AML files and periodic checks on personal identification documentation obtained as necessary.
• Assisting with the development and presentation of training for lawyers and business services staff.
• Assisting with updates to practice wide risk assessments and policies as required.

AML Compliance Assistant Key Skills & Requirements:

• A minimum of 1 year’s experience working in an AML and / or sanctions compliance environment within a global law firm.
• Knowledge of AML, CTF and sanctions legislation and guidance across Europe and Asia.
• Experience of performing diligence checks (including research and risk assessments) on entities and individuals.