Wise May are currently recruiting for an AML Manager to join a Global Law Firm, who are recognised for their commitment to diversity and innovation. Working within the Compliance team and reporting into the Director of Compliance & Privacy – Europe, the AML Manager will be responsible for managing a team of AML Analysts and leading the Firms Anti-Money Laundering and Financial Crime compliance programme.
This is a full time, permanent role with hybrid working and the salary is £80,000 - £140,000
AML Manager Duties and Responsibilities:
- Oversee all aspects of AML onboarding, including CDD, EDD and ongoing monitoring in compliance with applicable laws and firm policies.
- Act as a subject matter expert on AML and related financial crime requirements.
- Identify opportunities to enhance processes, systems and controls to improve efficiency and risk management.
- Horizon scan for forthcoming regulatory changes and developments in best practice, ensuring that the Firm is ahead of the curve in preparing for and responding to them.
- Lead, mentor and develop a team of AML Analysts, fostering a culture of accountability, quality and continuous improvement.
- Oversee quality assurance across the AML function, including reviews of CDD reports, risk assessments and screening outcomes.
- Act as a key liaison between Compliance, New Business and related business services functions.
- Provide advice, guidance and training to lawyers and staff on global AML policies, controls and procedures.
- Support internal and external audits, regulatory reviews and inspections.
- Support the Director of Compliance & Privacy – Europe with projects, as required.
AML Manager Key Skills and Experience Required:
- Significant experience in AML within a Law Firm to include AML onboarding, including CDD, EDD and ongoing monitoring in compliance with applicable laws and firm policies.
- A confident leader who is adept at managing, leading and developing a team to include building the team’s knowledge, understanding and capabilities and conducting performance reviews, providing appropriate training and supporting professional development.
- Proficiency in monitoring regulatory developments and assessing their impact on a business.
- Strong analytical and investigative skills.
- Excellent attention to detail.
- Proactive and improvement focussed.
- A degree in law or a related subject is desirable.