AML Compliance Officer

A Law Firm in London are looking for an AML Compliance Officer to join their team.

The AML Compliance Officer will assist the Compliance team in all areas of internal and external legal compliance, primarily focusing on client due diligence procedures, ensuring compliance with the Money Laundering Regulations.

Key Responsibilities

• To assist in ensuring that adequate CDD is conducted on all clients of the firm, initially focused on ensuring compliance with the firm’s ongoing monitoring obligations under the Money Laundering Regulations 2017
• To review client matter files (existing and new) to ensure proper client opening, maintenance and 'Customer Due Diligence’ (CDD) procedures have been followed
• To answer AML queries raised by the fee earners and secretaries and to escalate these to the Compliance Manager, Head of Risk and Compliance and MLRO as and when appropriate
• To research and provide opinions on complex AML related queries as directed by the Compliance Manager
• To communicate regularly with, and to immediately report any problems or potential areas of compliance concern to, the Compliance Manager as appropriate
• To provide monthly updates to the wider Compliance team on issues raised or trends identified
• To support and develop internal AML knowledge and best practice within the fee earning teams.
• To assist with any other compliance issues and to escalate these to the Compliance Manager, Head of Risk & Compliance and COLP as and when appropriate
• To support the Compliance Manager, Head of Risk & Compliance and others with AML projects throughout the firm

We are ideally looking for someone with previous compliance experience, ideally in a law firm, but other professional services may be considered too.

Salary is between £35,000 and £40,000 very much depending on experience.

The role is 2 / 3 days per week in the office.

This is a lovely law firm in a great team of 5 and it will be ideal for someone who enjoys AML and wishes to progress their compliance career as they see this becoming a senior role in a year or so.

If you would like to discuss this role further please don't hesitate to contact Rowena Bubb of Lewis Row Recruitment.