Analyst Financial Crime (12 month fixed term contract)

Hong Kong - Hong Kong

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Purpose

This is a dynamic and varied role in a supportive and friendly Hong Kong team part of the global Legal & Risk function.

The role sits within the Business Acceptance team which is responsible for new business clearance for new clients and matters including customer due diligence risk assessment; conflicts and many ad hoc queries/searches related to share dealing pro bono sanctions and anti-money laundering.

The role involves daily engagement with the Practice as a trusted advisor on financial crime (FC) risks and has a specific focus on supporting the firms FC systems processes and controls ensuring Linklaters partners lawyers and other relevant staff do not commit criminal offences under relevant AML client identification sanctions and reporting laws.

Key Responsibilities and challenges

1. Assist in conducting customer due diligence (CDD) and risk assessment on existing and prospective clients and matters including:

Carrying out research using internal and public resources to obtain CDD documentation on entities and their beneficial owners;
Understanding client types and complex ownership structures;
Carrying out checks for sanctions political exposure and reputational concerns on entities and their beneficial owners;
Liaising with the firms lawyers to obtain relevant CDD documentation not otherwise publicly available;
Evaluating the reputational risk issues presented by new clients and matters e.g. high-risk jurisdictions higher risk sectors opaque ownership allegations or criminal conduct relating to shareholders or beneficial owners;
Using the firms risk assessment tool assigning risk ratings to those clients based on identified risk indicators and obtaining partner approval of that risk rating;
Where appropriate escalating clients/matter for approval e.g. to the firms senior stakeholders where the client/matter is considered to be higher risk;
Supporting the firms ongoing monitoring procedures including ensuring any appropriate actions are undertaken in relation to the firms existing clients and matters.

2. Assist in the maintenance and development of the firms FC systems and records including:

Developing knowledge of the key systems (SAP Salesforce Business Risk Assessment Tool Intapp Open new matter opening form) in order to provide support on systems and procedures with a particular focus on FC related aspects;
Ensuring appropriate quality in relation to the firms FC record keeping including CDD ongoing monitoring and risk assessment records;
Updating knowhow including any additional FC external resources;
Participate in ad-hoc projects in relation to the firms Financial Crime compliance as required.

Characteristics Skills & Experience required:

Location: Hong Kong

Character

Hard-working with a Can do attitude; able to influence and motivate others by being positive at all times
Strong inter-personal and soft skills a team player who is also capable of working on their own initiative
Systematic well-organised and attentive to detail
Bright keen and self-motivated
Positive and flexible in approach open diplomatic responsible and direct style
Strong written and oral communication skills and ability to communicate effectively
Able to cope under pressure and prioritise efficiently.

Education / Qualification

Graduate or relevant experience

Languages

English
Chinese (Mandarin or Cantonese)
Other language of a country where the firm has presence (desirable)

Practical experience

Professional experience in AML environment either in an international law firm regulated financial institution or similar
Experience of company & group structures.
Experience of regulatory information or data sourcing. (desirable)

Office skills

Able to learn new IT systems quickly;; familiarity with searching databases and searching conventions.
The Intapp suite of business acceptance applications; SAP Excel Word PowerPoint. (desirable)

Technical Skills:

This list of duties and responsibilities above is not exhaustive. It is intended to describe the general content of and requirements for the performance of this job. As such the role may also include the undertaking of additional tasks as required.

Required Experience:

PurposeThis is a dynamic and varied role in a supportive and friendly Hong Kong team part of the global Legal & Risk function.The role sits within the Business Acceptance team which is responsible for new business clearance for new clients and matters including customer due diligence risk assessmen...