Anti-Money Laundering Analyst

City of Edinburgh Source: WhatJobs

See advert for pay

We are working with a leading national law firm to hire an AML Analyst in Edinburgh. You will support the firm’s ongoing compliance with Anti-Money Laundering Regulations, reviewing client due diligence, monitoring client account funds and advising colleagues on effective compliance procedures.

The firm is looking for an analytical and methodical professional with experience in a commercial, legal, banking or financial environment. Experience in compliance, risk management or AML operations is desirable. You will bring excellent communication and customer service skills, strong attention to detail, initiative and the ability to work accurately to strict deadlines.

The responsibilities will include:

Reviewing client due diligence forms and supporting documentation to ensure compliance with AML Regulations and internal policies.
Challenging incomplete or inadequate information and liaising with fee earners and personal assistants to obtain satisfactory responses.
Processing and responding promptly to due diligence forms, correspondence and emails received by the AML team.
Reporting clients without appropriate due diligence and supporting colleagues in obtaining the required information.
Providing practical guidance to fee earners and personal assistants on client due diligence requirements.
Undertaking identity verification, sanctions, politically exposed persons and adverse media checks using electronic search products.
Monitoring funds received into the firm’s client account and assessing whether they originate from an acceptable source.
Escalating unusual activity to the Money Laundering Reporting Officer and resolving queries with relevant colleagues.
Preparing and reviewing client and matter risk assessments.
Assisting with the design and implementation of AML policies, controls and procedures.
Managing relevant client and matter information on the firm’s practice management system.