AML Analyst

We are always seeking talented, motivated, growth-minded, and creative individuals. Our firm is committed to providing employee support and advancement, while embracing inclusion and innovation as keys to a stronger future.

We invite you to explore the position below and to submit your application to join our team!

The AML Analyst is responsible for anti-money laundering (AML) processes such as conducting client due diligence (CDD), facilitating AML risk assessments, collecting know-your-client (KYC) documentation, and reviewing client engagement letters. The AML Analyst will conduct research, risk-based analysis and decision making, as well as validation and documentation of required information to ensure timely client and matter intake in accordance with regulatory requirements. The AML Analyst works closely with the AML and Compliance Counsel and Money Laundering Reporting Officer (MLRO) to provide the AML function and assist the firm on AML, reputational, and wider risk issues.

 Essential Duties & Responsibilities:

• Responsible for day-to-day AML aspects of client and matter intake, primarily in the London office and occasionally US offices.

• Conduct CDD and screen new clients and matters for politically exposed persons (PEPs), sanctions, negative news and risk factors utilizing Worldcheck, Lexis, GRID databases, and performing web-based research.

• Research, document, and evidence the ultimate beneficial ownership of corporate entities.

• Liaise with the lawyers on completing the AML client and matter risk assessments.

• Analyze, document, and approve risk assessments in conjunction with the AML and Compliance Lawyer, flag risk issues to the MLRO and assist the MLRO in the resolution of higher risk issues.

• Monitor higher risk clients and matters, politically exposed persons (PEPs), source of wealth/funds, and facilitate risk reporting.
• Work with the lawyers and secretaries to collect KYC documentation in a timely manner.
• Review KYC and AML documentation as submitted by the lawyers and secretaries for accuracy and completeness.
• File and maintain AML client records.
• Review and collect signed client engagement letters.
• Work in conjunction with the Intake and Conflicts Services team members to approve new clients and matters and ensure new information meets the Firm standards for clearance and entry.
• Assist with the provision of AML training to embed AML compliance.

• Assist with AML practice-wide risk assessments, audits, and projects, including the AI project, preparing for visits by the Solicitors Regulation Authority (SRA) and assisting with inquiries from management and auditors by providing information and guidance in a timely manner.

• Coordinate with the Trust Compliance Counsel on the use of the UK trust/client account.

• Assist the COLP and Head of Risk and Compliance - UK on ad hoc tasks and projects such as SRA compliance (e.g., breach registers, practicing certificate renewals), regulatory compliance (e.g., DAC6, CCO, data protection), drafting policies and procedures, and reviewing outside counsel guidelines and contracts.

Knowledge, Skills, & Abilities

• Basic understanding of the UK AML regime.
• Ability to analyze due diligence results and effectively communicate and document potential risk issues and the proper course of action.
• Strong analytical skills and attention to detail, as well as the ability to organize and produce detailed and accurate work whilst managing a busy inbox.
• Demonstrated ability to make risk-based judgment calls on a daily basis.
• Understanding of when to escalate issues, package the facts and make recommendations for decision by the MLRO and senior management.
• Ability to work independently with minimum supervision as well as collaboratively as part of a wider team, once trained.
• Ability to multi-task and prioritize with strong organizational skills and initiative.
• Excellent written, oral, and communication skills.
• Strong drafting skills.
• Positive can-do attitude.
• Strong work ethic and client service orientation.
• Resilient and calm under pressure.
• Professionalism and ability to build rapport and gain the trust and confidence of the lawyers.

• Ability to maintain strict confidentiality.
• Solid working knowledge of Microsoft Office applications. Experience with document management (iManage), intake workflow systems (InTapp), and research software tools beneficial.

Education & Experience:

• Bachelor’s degree in law or Humanities.
• Minimum of one (1) year of experience in a law firm, professional services or other professional setting.
• Transactional paralegal experience beneficial.
• Experience working in AML or compliance in an international law firm beneficial.

This position description is intended to describe the general content of and requirements for the performance of the job.  The statements contained in the position description are not necessarily all-inclusive and additional duties and responsibilities may be assigned as determined by business needs and/or as set out in any offer letter, employee contract, or job description.

If you have a disability requiring adjustments to be made to the application process such as accessible formats or interview accommodations, please contact Shelby Thompson, Director of Total Rewards ([email protected]/+1(214) 740-8823).

By applying for this position, you acknowledge and understand that Troutman Pepper Locke LLP will process your Personal Information pursuant to the terms of our Worker and Applicant Global Privacy Notice. If you have questions about our data handling practices, or you are a resident of California, the United Kingdom, or the European Union and wish to exercise your privacy rights, please contact us at [email protected]. 

Equal Employment Opportunity

Troutman Pepper Locke UK LLP is an equal opportunities employer and will make all employment decisions, which include hiring, promotion, transfer, demotion, evaluation, compensation and separation, irrespective of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic r national origin, religion or protected belief, sex, or sexual orientation and any other characteristic protected by allocable law. In some circumstances, when permitted by law, we may justify different treatment.

Compensation is dependent on several factors, such as position, location, education, training, and/or experience.