AML Regulation Assistant

October 11, 2024

A&O Shearman

Belfast

A&O Shearman is a new global industry-leading law firm, with nearly 50 offices in 29 countries worldwide. Our fluency in English law, US law, and the laws of the world’s most dynamic markets, enables us to provide unmatched insight and seamless delivery to clients. We work on challenging and important deals and disputes that have the potential to shape the future.

We offer exceptional opportunities for our people; opportunities to work for the world’s leading businesses; to transform the status quo, and to deliver your best work, helping you and your career to thrive, while delivering unparalleled outcomes for our clients.

Whether you're helping clients solve complex challenges, transforming the ways we manage our business, or ensuring the smooth-running of our operations, this is an environment where you can belong and excel. We provide first-rate training and development, we are committed to diversity, equity and inclusion and we provide support and ways of working that help you optimise your wellbeing.

What truly defines a career with us? We recruit the best and ask for the best of you. And together, we will redefine success.

Department purpose

We have an exciting new opportunity for an AML Analyst /Junior Analyst to join our Business Acceptance Unit.

The BAU team process requests from partners for the firm to accept new legal matters including performing anti-money laundering, sanctions and background checks on new clients and performing conflicts checks (within internal databases) on each new matter (for both new and existing clients). The team work closely with partners and other senior stakeholders to facilitate resolution of legal and business conflict issues and to ensure that regulatory obligations with respect to client identification and ongoing monitoring are met in each of the jurisdictions in which A&O Shearman operates.

Role and responsibilities

Supporting the Anti-Money Laundering Regulation Manager in their role:

Responding to requests, including audit requests, from regulators globally in respect of A&O Shearman’s anti-money laundering (AML) compliance, including assessing and compiling the information requested and working with the Global Head of Regulation & Conduct, Head of Financial Crime & Sanctions, the Anti-Money Laundering Regulation Manager and other members of the BAU team, where appropriate, to determine and prepare appropriate responses to those requests.
Working with the Anti-Money Laundering Regulation Manager in creating and maintaining a database of responses to regulatory AML audits to increase the efficiency and consistency of such responses.
Working alongside the Anti-Money Laundering Regulation Manager and those with AML compliance responsibilities globally to implement any recommendations flowing from AML audit findings, whether on a jurisdiction specific or global basis.
Assisting and supporting the Anti-Money Laundering Regulation Manager in ensuring that firm and BAU policy and procedure are compatible with the 5th Anti-Money Laundering Directive and other current and future applicable legislation globally.
Supporting the BAU team in the area of AML and new client identification more generally.
In relation to all of the above, reporting to the Global Head of Regulation & Conduct and Head of Financial Crime & Sanctions.

Key requirements

Strong analytical and decision making skills are essential.
Experience of working in a law firm, risk and compliance or financial services environment is essential and experience in relation to AML is preferred.
Eye to detail, ability to work under pressure and manage conflicting deadlines at speed.

Additional information - External

close date of Monday 21st October 5pm