AML Compliance Analyst

Our client are a highly respected, multi-site firm of Solicitors serving clients nationally. Serving a diverse range of sectors, they are trusted advisors and recognised experts in their field, taking pride in building long standing relationships. The team are now seeking an experienced AML Compliance Officer to join them.

As AML Compliance Officer you will

• Scrutinise the electronic & other identification checks against individuals and organisations in line with the Company's anti-money laundering requirements
• Detect and report any instances of possible non-compliance where appropriate and to liaise with the fee earners, clients and others to deliver a quality service
• Use compliance systems to undertake Client Due Diligence (CDD)
• Obtain corporate information from relevant sources (e.g., Companies House) and the equivalent services in other jurisdictions
• Analyse the corporate structure of clients to determine the ultimate, individual beneficial owners (UBOs)
• Conduct AML checks of different types of entities such as, trusts, funds, LLP, PLC, charities, pensions schemes, housing associations, Government bodies, financial institutions etc
• Review information collated to determine further information requirements (including analysis of financial information)
• Complete client identity records (including CDD and source of wealth information) and update of associated compliance systems as matters develop
• Conduct screening checks using third party tools to identify Sanctions, PEPs, and Adverse Media in relation to the entities and related parties subject to screening policies and procedures
• Liaise with fee earners and/or clients to obtain further information where we are not able to obtain the required information from public sources
• Analyse the CDD results and escalating AML issues to the Specialists/Team Manager as required
• Review new client and matter information ensuring satisfactory details are provided by the fee earners
• Report and make notes and records of any suspicious transactions or activities in an efficient and timely manner
• Ensure identity checks are conducted within the time frames set out in our internal procedures
• Update the internal Client Relationship Management systems where identity checks have been completed

The ideal candidate for the role of AML Compliance Officer will have:

• Previous experience in professional services compliance is preferred
• Strong familiarity with UK Sanctions, UK AML, CTF and CPF Regulations is advantageous
• Proficient in written, numerical, and verbal communication
• Demonstrate accuracy and keen attention to detail
• Capable of prioritising tasks, maintaining organization, and working efficiently
• Flexible and adaptable to change, able to perform well under pressure
• Recognise when to seek assistance and is proactive in doing so
• Collaborative team player with the ability to work independently when necessary
• Possesses a friendly and helpful demeanour