Description
We are recruiting for an AML Advisor to join our AML team on a hybrid working basis. The successful candidate will have a wide and varied role in the AML team and will play a key role in assisting with the management and development of AML processes within Reed Smith. The successful candidate will report to our Senior AML Manager and work closely with our local Money Laundering Reporting Officers (MLROs), the internal legal and risk team and key compliance personnel across the Reed Smith business.
Responsibilities
Independently completing client due diligence (CDD) for new and existing clients of our EMEA offices
Providing oversight of enhanced due diligence reviews for high-risk clients/matters and recommending appropriate actions in respect of these clients and matters
Escalation of legal and reputational issues on AML, sanctions and financial crime compliance to the Senior AML Manager, local MLROs and Senior Management, as required
Conducting analysis on relevant sanctions notifications including from the UN, EU, UK and US
Acting as a subject matter expert in AML and financial crime laws that apply to Reed Smith office locations across EMEA
Assisting the Senior AML Manager and local MLROs with AML and financial crime reporting, including suspicious activity and sanctions reporting to regulatory bodies
Assisting the Senior AML Manager and local MLROs with the review and update of key AML policies, procedures, checklists and key AML documents for EMEA
Supporting the Senior AML Manager and local MLROs with internal and external audit requests
Providing guidance, supervision and assistance with training of new and junior AML Paralegals within the AML team
Keeping up to date with regulatory changes in respect of AML and financial crime laws that apply across EMEA
Assisting the Senior AML Manager and internal legal and risk team with ad hoc AML and wider compliance projects, when required
Actively promote an ethical, inclusive and diverse working environment
Key skills, attributes and experience
Degree level qualification required (2:1 or equivalent)
Law degree / Graduate Diploma in Law (or equivalent qualification from a common law jurisdiction) preferred
Substantial experience working in the business intake, or compliance function in an international law firm is essential
Strong understanding of AML and wider financial crime laws applicable in EMEA
Understanding of data protection laws and principles applicable in EMEA
Good understanding of the SRA Standards and Regulations
