Conflicts/ AML Analyst

Our US law firm client has an exciting new opportunity for a Conflicts/ AML Analyst to join their London office. Reporting to the UK/EU Conflicts Lawyer, the Conflicts/ AML Analyst will be responsible for conducting the preliminary analysis and research for the identification and subsequent resolution of any potential issues during the new business acceptance process (e., conflicts of interest, anti-money laundering).

Key responsibilities include:

Conflicts

Perform an initial review of conflicts search requests, and work with secretaries and submitters to obtain clear, precise, and relevant information;Analyse the new clients and/or new matters to identify the potential risks associated with the instruction, and provide advice on remedial actions;Conduct conflicts checks using the firm's conflicts database, paying close attention to special entries and sensitivities. Review the search results to identify potential issues and rule-out irrelevant hits, where appropriate;Compile and dispatch conflicts search reports, incorporating research and analysis from the firm's internal conflicts database and external corporate research tools;Collaborate with the Conflicts Lawyer to provide UK/EU partners/attorneys with clear and concise summaries of required steps to resolve and address any potential conflicts issues during the new business acceptance process, and facilitate the internal clearance process, where required;Maintain a clear record documenting all conflicts research, communication with partners/attorneys and other internal stakeholders, analysis and conclusion of conflicts resolution in the firm's new business acceptance system.

Anti-money Laundering (AML)

Research, identify, and verify new clients by using external corporate research tools and online resources;Analyse and establish the corporate structure for clients and trace up the beneficial ownership and control structure, where appropriate;Advise and support the partners/attorneys and secretaries on the AML processes in UK/EU (e., outline further details and documentation required from the client, review AML forms);Compile and organize AML documentation in a systematic manner. Coordinate the internal approval/clearance of AML checks from the designated compliance officers in the UK/EU offices;Assist in on-going monitoring of current clients and updating client due diligence records, where required;Escalate high risk or special cases to the Conflicts Lawyer and Money Laundering Reporting Officer(s) in the UK/EU for further review/approval.

Compliance

Assist with initiatives aimed at improving the quality and quantity of information provided to partners taking on new clients and matters;Provide support to the Conflicts Lawyer, CNB Department's Management Team and firm's committees on various regulatory compliance matters, including conducting external research on different rules and regulations;Provide support to the Conflicts Lawyer in documenting regional/local compliance policies and procedures;Escalate any issues to the Conflicts Lawyer and CNB Department's Management Team as appropriate;Perform various special projects and duties as assigned by the Conflicts Lawyer.

The ideal candidate will have prior conflicts, compliance and/or AML experience within a law firm. You must be an enthusiastic self-starter with highly effective communication skills and a strong client service ethic. The ability to build strong and effective relationships across the business is essential, as is excellent organisational skills and attention to detail.

If you meet the above criteria, then please contact Ryder Reid Legal today for a confidential discussion.