Senior Aml Officer - Glasgow, United Kingdom - Dentons

Dentons

Verified Company

Glasgow, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

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Description

Location:
London, Glasgow, or Edinburgh

Duration: 12 M FTC

Reports to:
EMEA AML Manager and AML Team Leader

Reference no: 5109

Role Purpose

To support the EMEA AML Manager and Global Head of AML/CDD to advise, design and implement effective controls and policies to ensure the firm and its staff comply with applicable anti-money laundering laws and regulations, international financial sanctions and professional conduct rules and best practice in relation to new business intake processes.

This is an experienced AML professional who, as well as demonstrating an ability to confidently handle 'low to medium' complexity matters with minimum supervision, will also be proficient in handling more complex financial crime and risk matters.

They will also take responsibility for larger projects and assist senior members of the team by providing guidance and being a point of escalation for queries from the broader team.‎ They will have an excellent understanding of the relevant compliance rules and regulations as well as the risks related to high-risk jurisdictions, politically exposed persons, regulated and non-regulated activities, and means used to facilitate money laundering.

Please note that

Responsibilities

Undertaking CDD/AML reviews on clients and matters and assessing new clients and matters for AML, bribery, sanctions, and reputational risks. Handling all types of CDD and client care issues with mínimal supervision
Keeping up to date with applicable AML laws and regulations globally and advising on how these changes affect the Firm and its processes.
Assisting with ensuring effective risk controls are in place and operate for new business intake and regulatory risk across the UKME region
Take ownership of all stages of the matter opening process and escalate any issues as necessary
Handling complex matter opening issues including taking into account local legal requirements (as applicable)
Assisting with regulatory AML audits
Advising on complex interoffice working arrangements
Understanding the relevant rules regarding billing and seeking tax advice where necessary
Drafting, maintaining, and implementing AML policies and procedures
Providing a 'concierge' service to partners by liaising with clients directly on AML issues, either in person, on the phone, or in writing.
Assisting with AML investigations and reporting Suspicious Activity Reports
Reviewing the work of other team members
Becoming an internal "go to" person or adviser
Develop internal AML awareness and establish and present effective training programs. Contributing knowhow and providing comments on the department's precedents, when used. Actively works to develop the knowledge of the team
Actively take an interest in identifying opportunities for improvement in the team or the service delivery. Proactively offering to assist with projects and always seeking to develop their knowledge and skills
Reviewing or drafting Firm precedents and policies
Providing training to the Team and the Firm
Assisting with supervising more junior members of the team
Assists on projects supporting the EMEA AML Manager and the Global Head of AML

The above list is not exhaustive as the Team and the Firm continue to evolve and develop with the changing domestic and international legal landscapes and as we identify new ways of improving our service to the Firm.

More important than any particular skill, we are looking for dynamic and flexible team players with highly developed critical thinking who can assess legal and commercial risks presented to the Firm and advise on appropriate mitigation strategies.

Experience, Skills & Knowledge

Technical Skills

Legal or compliance experience working in a law firm or a professional services environment. Other experience which demonstrates the necessary critical thinking and risk assessment will be considered
Highly effective research skills using all relevant information sources, including IT resources, and ability to use them to their full potential
Good knowledge of relevant compliance rules and regulations, including (but not limited to) client care, conflicts of interest, confidentiality, antibribery and corruption, money laundering, sanctions
Able to assemble research and produce clear, accurate findings
Able to analyze issues and draw/express conclusions succinctly
Able to advise the wider firm on AML and risk issues, clearly and succinctly
Able to use internal precedents and draft communications in plain English

- ]Able to keep all general administration up-to-date and under control

General skills

Openminded, flexible, and creative thinker who is enthusiastic and happy to get involved in whatever task is facing the team
Excellent written and verbal communication skills
Able to interact professionally and confidently with all levels within the firm and with clients
Excellent team player who strikes the right balance bet