AddressMorrison Foerster LLP, an Am Law 50 law firm with 18 offices worldwide, has an opening for an Anti-Money Laundering Analyst in our London office.
The Opportunity
- The Anti-Money Laundering (AML) Analyst works closely with and supports the Senior AML Analyst on cross-referencing of AML records with new client matters and maintenance of all AML records, including approvals.
- Act as first point of contact in respect of day-to-day queries relating to the completion of AML forms.
- Identify clients and obtain information to evidence their existence and ownership structures using information sources such as Companies House, World-Check, Dun & Bradstreet and from open-source checks.
- Review prospective clients to ensure any reputational or sanctions issues are understood and are deemed within the firm’s risk appetite.
- Liaise with partners and associates, and also with clients, to obtain information and documentation which is not available from public information sources.
- Liaise with the Conflicts team to ensure that all new client/matter opening requirements are completed.
- Complete first level risk assessments for both clients and matters.
- Advise on ongoing monitoring of clients/matters in accordance with legal/regulatory requirements.
- Identify high risk clients or matters and escalating any issues to the Money Laundering Reporting Officer (MLRO) in the London office.
- Assist with day-to-day queries on compliance issues with the SRA.
- Ensure continuing competence records are kept up to date.
- Regularly review of the Firm website to ensure that it complies with SRA regulatory requirements.
- Assist with the preparation of training materials on legal and compliance issues.
- Assist with online training initiatives on risk and compliance initiatives.
- Prepare AML updates to be circulated to the Firm as a reminder of best practices.
- Assist with updating the Firm’s policies and procedures relating to new client/matter opening, anti-money laundering and other compliance topics.
- Assist with the preparation of materials for any third party or regulatory audits as and when required.
- Keep up to date with developments in legal and compliance issues in the legal sector including SRA/AML developments and LSAG Guidance.
Ideal Candidate
- Experience with client due diligence and knowledge of the requirements of the Money Laundering Regulations 2017 preferred.
- Experience conducting company searches and use of resources such as Companies House, World-Check, and Dun & Bradstreet.
- Demonstrated ability to build and maintain relationships with internal and external stakeholders.
- Strong client service skills.
- Proficient in Microsoft Office Suite or similar software.
- Excellent written and verbal communication skills.
- Excellent analytical and problem-solving skills.
- Excellent organizational skills and high attention to detail.
Who We Are
At Morrison Foerster, our culture is defined by our deeds. We’re passionate about what we do. We’re equally passionate about how we do it. We resist hierarchies and operate within a model of respect — for our colleagues, their ideas, and the differences that make us stronger. We encourage you to learn more about who we are, and what we do.
Should you find you’re ready to do the best work of your life, we encourage you to let us know!
