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Job Title
AML Officer
Closing Date
04-Apr-2024
Department
Risk & Compliance
Job Location
Bristol; London
Role
Business Services
Description
We have a new opportunity for an
Anti-Money Laundering (AML) professional to join the Client &
Matter Inception function in our growing Risk & Compliance Team.
This is an excellent role for someone with existing experience in
AML interested in joining a growing and ambitious team in a hugely
supportive environment. We are open to experience with this role,
and therefore happy to consider applicants at Officer and Senior
Officer level.
This is a permanent position, in
which you can be based in either Bristol or London along with some
home working too.
About us
Osborne Clarke (OC) is a
future-focused international legal practice with over 300 Partners
and more than 1,080 talented lawyers in 26 offices around the
world*. Our three-dimensional approach to client service combines
legal expertise, in-depth understanding of our clients and the
sectors they operate in, together with insight into the global
issues that are transforming the landscape of how we live, work and
do business: Decarbonisation, Digitalisation and Urban Dynamics.
Looking around corners to help our clients solve legal and business
challenges, big and small, and harness the opportunities of change -
together we'll be ready for what's next.
We love working closely with our
clients on new deals, products and solutions which will transform
their businesses, markets and even sectors. And our unique
approachable culture is not an added extra, it's fundamental to our success.
The team
A positive and supportive team
culture is a vital part of both the wider Risk & Compliance Team
and the firm as a whole. Working together is at the heart of
everything we do. It enables us to deliver a professional, high
standard of service to the business within a happy and enjoyable
environment. We believe in nurturing each person's strengths,
supporting them when they need it and encouraging them to progress
through personal development and training. We are a progressive and
ever adapting team where opinions are always valued and input is
always welcome.
What you'll do
An AML Officer would be expected to:
Collect and / or review CDD
evidence required to meet the appropriate standards, in line with
OC policy and procedures.
Prepare CDD Reports and risk
assessments and liaise with and provide guidance to fee-earners to
obtain further CDD where the existing documentation does not meet
the requirements as set out by OC policy.
Monitor the CDD evidence
gathered for new clients and new matters for existing clients and
manage the Ongoing Monitoring required by OC policy, including
preparing CDD Reviews, in association with fee-earners as appropriate.
Undertake PEPs and Sanctions
checks as part of client & matter inception and escalate
matters to the Senior AML Officers / Deputy AML Manager / Client
& Matter Inception Manager as required.
Develop and maintain 'internal
client' relationships across the organisation to deliver on
project goals, identify and pursue new strategic initiatives,
collect and provide feedback, etc.
Assist with projects undertaken
by or impacting the Risk & Compliance Team as required.
Provide relevant support to the
wider Client & Matter Inception and Risk & Compliance
Team, as required.
In addition to these
responsibilities, a Senior AML Officer would be expected to:
Provide an advisory service to
fee-earners and other members of OC in relation to CDD, which will include:
delivering guidance, if
required, on available public sources and identifying documents
that may be held by the client;
assisting with client
communication; and
advising on enhanced due
diligence requirements.
Advise on PEPs and Sanctions as
part of client & matter inception and ongoing monitoring as
required and escalating matters to Senior Management for
consideration and/or approval as necessary.
Assist other Business Services
Teams, and in particular the Finance Team with AML related
queries, including in relation to receipt and payment of client monies.
Maintain good current awareness
of AML and Sanctions related regulatory changes and advise on and
/ or adapt procedures to ensure compliance.
Develop and provide face to face
training or e-learning to relevant practice groups and Risk &
Compliance staff, including particularly new inductees, promoting
knowledge sharing across OC.
Focus on the maintenance and
improvement of AML related compliance process & best practice,
including any other duties that may be required to ensure the
efficient operation of the compliance processes.
Provide support and guidance to
AML Officers.
Your skills
We are looking for someone who has
previous experience in an AML related role from a professional
services background. More specifically we need someone who:
Is fully conversant with the
requirements of the UK Money Laundering Regulations and the EU
Directives on Money Laundering and Terrorist Financing.
Is familiar with a broad range
of international company structures.
Has proven KYC / CDD experience
in a regulated environment (law firm/banking or credit institution).
Has prior exposure to high risk
clients, sanctions screening and PEPs.
Has experience obtaining CDD
information direct from clients and from a wide variety of public sources.
Has excellent attention to detail.
Has strong interpersonal and
customer service skills, able to interact with people at all
levels, assertive and able to influence.
Has excellent communication
skills, able to give clear guidance on how to evidence potentially
complicated fact patterns.
Has a strong ability to
multi-task, prioritise workloads and work effectively in a team.
Salary and benefits
We offer competitive salaries and
generous benefits
For more information or to apply
We would very much welcome your
application using the link provided. Should you have any questions
about the role, or would like to find out more about the firm,
please contact Patrick Fermin Ryan at patrick.ferminryan@osborneclarke.com
At Osborne Clarke
we value difference and encourage applicants from all social
backgrounds, ethnicities, disabilities, gender identities, and
sexual or romantic orientations. We want everyone to feel that OC is
a place where you can be yourself and where you belong, and our
range of interest groups and diversity networksnot
to mention our great teams - are a part of making that a reality.
Being an inclusive employer is
important to us and we are committed to ensuring every applicant's
recruitment experience is free from unnecessary barriers. We have
made a number of external commitments such as the Race Fairness
Commitment and Women in Law Pledge, and are working with
organisations like Stonewall to become a more inclusive employer. We
want you to be able to show us your best during the recruitment process.
If you have a dis/ability+, to
include physical disability, hidden disability, long-term health
condition or neurodivergence and meet the requirements listed in
this job advert, we would be delighted to offer you a guaranteed
interview. We want you to be able to show us your best during the
recruitment process. If you require any adjustments to be made
during the application, interview process or when working with us,
please let us know.
We support working families via a
range of family and caring friendly policies and will accommodate
flexible working where we can. We value the health and wellbeing of
our people: for example, we're signatories to the Mindful Business
Charter, have an active network of mental health champions and offer
free initiatives and flexible
benefits to all our people.
Although we include closing dates
for our roles as a guide, we review and progress applications on a
rolling basis.
*Services in India are provided
by a relationship firm