AML Analyst

Shepherd and Wedderburn are currently recruiting for an AML Analyst to join their team based in Edinburgh. Duties include -

• Ensure the firms ongoing compliance with Anti-Money Laundering (AML) Regulations
• Monitor funds received into the firms client account
• Report unusual activity to the firms MLRO
• Deal with client and matter management on the firms practice management system as required
• Undertake any other reasonable duties as requested by your line manager

Specific Accountabilities

• Review client due diligence (CDD) forms and documentation received from fee earners and ensure that they comply with AML Regulations and the firms internal policies controls and procedures.
• Challenge where required the content of CDD forms and directly liaise with fee earners/PAs to obtain a satisfactory response.
• Timeously check in and appropriately respond to CDD forms and documentation received including correspondence and emails received by the AML team.
• Report on clients who do not have appropriate CDD and liaise with fee earners/PAs to ensure this is obtained.
• Provide advice and guidance to the firms fee earners/PAs in order to assist them in ensuring appropriate CDD is obtained to comply with AML Regulations.
• Undertake verification of identity checks and checks for sanctions politically exposed persons and adverse new using electronic search products.
• Review incoming funds to the firms client account and assess whether they are from an acceptable source for AML purposes; liaise with fee earners and Cashroom team members to resolve queries in line with the firms policies controls and procedures.
• Prepare and revie risk assessments of clients and matters as necessary.
• Assist with the design and implementation of new AML policies controls and procedures.
• To undertake any other reasonable duties as requested by your line manager.

Skills/Experience

Essential

• Excellent analytical skills
• Ability to work under pressure to strict deadlines and to exercise initiative
• Ability to solve problems in a practice and methodical way
• Excellent customer service attitude and strong attention to detail are essential
• Excellent written and verbal communication skills
• Competency in Word Excel and Powerpoint
• Willingness to take responsibility for decisions

Desirable

• Previous experience of working in commercial law banking or financial environment
• Experience in a compliance/risk management role
• Operational experience of AML compliance

HR Contact

If you would like further information on the role or require accommodations to make your application please contact Marc McRae ()

Equal Opportunities

At Shepherd and Wedderburn we strive to provide a supportive inclusive and high performance working environment where everyone feels they belong. Diversity and inclusion is at the heart of our business and we therefore welcome applicants from different backgrounds to all levels of the organisation. To foster inclusivity we particularly encourage applications from those who may be from underrepresented groups including candidates from Black Asian and minority ethnic backgrounds LGBT people people with disabilities or who are neurodivergent and those from lower socio-economic backgrounds.

Data Protection

Shepherd and Wedderburn is committed to protecting the privacy and security of your personal information that we collect as a controller. The information provided by you will be processed in accordance with our Privacy Notice for Applicants. If you are successful in obtaining paid employment with us we will hold your information in accordance with our Privacy Notice and Data Retention Policy for Personnel which will be provided to you at the relevant time.

Relevant information will be disclosed to the interview panel and Human Resources staff members. We may contact any referees provided for the purposes of discussing your application and will ask your permission before doing so.

If you provide any information deemed to be special category information under the General Data Protection Regulation we may use this as follows:

• We will use any information provided in relation to reasonable adjustments to make appropriate arrangements for interview or other selection processes.
• We will use any information provided in our diversity monitoring form to ensure meaningful monitoring and reporting. Any analysis of this data will be done on an anonymous basis.

Should your application be unsuccessful the information provided will be deleted on the basis of the timescales set out in our Privacy Notice for Applicants.

If you have any further questions about how we process and store your information or your rights in relation to this please refer to our Privacy Notice for Applicants.