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Full-Time

Anti-Money Laundering Analyst

Confirmed live in the last 24 hours

Goodwin

Goodwin

1,001-5,000 employees

Global law firm for complex transactions

Healthcare
Legal
Financial Services

Entry, Junior

London, UK

Job is based in London, UK.

Category
Risk & Compliance
Legal & Compliance
Requirements
  • Strong knowledge of the Money Laundering Regulations 2017 (and its amendments), the 4th, 5th and soon to be 6th EU Money Laundering Directives, and the Law Society of Hong Kong’s Practice Direction P (or a willingness to acquire such knowledge).
  • Knowledge of different types of corporate, partnership and trust entities.
  • Ability to adhere to and apply compliance policies and procedures.
  • Ability to communicate with all levels of the firm professionally and tactfully.
  • Ability to provide a high level of service in a fast paced environment.
  • Ability to handle a high volume of tasks while maintaining attention to detail and prioritising as necessary.
  • Ability to use own judgement to come to decisions but also aware of when issues need to be escalated.
  • Flexible and able to adapt to new situations, processes and new technology.
  • Law degree or Graduate Diploma in Law essential. Legal Practice Course preferred. Equivalent qualifications from other common law jurisdictions considered.
  • Experience of client due diligence and knowledge of the requirements of the Money Laundering Regulations 2017 and their subsequent amendments and the various EU Money Laundering Directives (or the Law Society of Hong Kong’s Practice Direction P) preferred but not essential.
  • Experience of conducting company searches and use of resources such as Mint Global, Capital IQ and Lexis/Nexis Corporate Affiliations preferred but not essential.
Responsibilities
  • Conducting client due diligence:
  • identifying clients and obtaining information to evidence their existence and ownership structures using information sources such as Mint Global, Companies House, Capital IQ, Lexis/Nexis Corporate Affiliations and the internet;
  • liaising with partners and associates, and also with clients, to obtain information and documentation which is not available from public information sources;
  • completing risk assessments for both clients and matters;
  • identifying high risk clients and escalating any issues to the Money Laundering Reporting Officer in the relevant office(s);
  • liaising with the Conflicts team to ensure that all new client/matter opening requirements are completed.
  • Advising on ongoing monitoring of clients/matters in accordance with legal/regulatory requirements.
  • Reviewing, where necessary, prospective clients to ensure any reputational or sanctions issues are understood and are deemed within the firm’s risk appetite.
  • Assisting with continually updating policies and procedures relating to new client/matter opening, anti-money laundering and counter-terrorist financing, and other compliance topics.
  • Lead periodic team/department/firm training sessions.
  • Educate on AML legislation as well as processes worldwide.
  • Support new joiner training.

Goodwin is a global law firm that provides legal services to businesses in various industries, including financial services, life sciences, private equity, real estate, and technology. The firm has over 1,000 lawyers located in major cities across the United States, Europe, and Asia, allowing it to serve clients in multiple jurisdictions. Goodwin specializes in complex transactions, high-stakes litigation, and advisory services, helping clients navigate intricate legal issues, close significant deals, and resolve disputes. Unlike many competitors, Goodwin's diverse client base ranges from startups to established corporations, showcasing its ability to offer tailored legal solutions that meet specific industry needs. The firm's goal is to deliver exceptional legal services that support its clients' success in a competitive market.

Company Stage

N/A

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Goodwin's continuous expansion, including new offices and high-profile partner hires, indicates robust growth and opportunities for career advancement.
  • The firm's initiatives like the ADHD support program demonstrate a commitment to employee well-being, fostering a supportive work environment.
  • Goodwin's involvement in high-stakes litigation and complex transactions offers employees exposure to challenging and rewarding legal work.

What critics are saying

  • The competitive legal market requires Goodwin to consistently innovate and differentiate itself to maintain its market position.
  • Rapid expansion and frequent partner hires may lead to integration challenges and potential cultural misalignment.

What makes Goodwin unique

  • Goodwin's global presence in major cities like New York, San Francisco, and Hong Kong allows it to offer seamless legal services across multiple jurisdictions, unlike firms with a more localized focus.
  • The firm's diverse client base, including companies in life sciences, technology, and financial services, showcases its ability to provide specialized legal solutions tailored to various industries.
  • Goodwin's strategic partnerships, such as with Passthrough for investor onboarding, highlight its commitment to innovation and client service enhancement.