AML & Compliance Assistant

Milbank LLP is an elite global law firm with over 1000 lawyers and 600 business professionals based in 11 offices across 4 continents. With over 200 lawyers in London providing English and NY law advice on UK pan-European Asian and other global matters we offer our clients real strength and depth of expertise coupled with first rate client service. The strength of our leading US and UK practices also provides us with a unique ability to handle the most complex and demanding transatlantic mandates for our clients.

Our clients span the public and private sectors including governments state-owned enterprises sovereign wealth funds export credit agencies development banks and multilateral institutions as well as private companies lending institutions private equity firms hedge funds institutional investors and other financial institutions located around the globe who seek guidance on their most important and complex matters.

We are market-leaders across multiple disciplines and practice areas including Financial Restructuring Project Energy & Infrastructure Finance Transportation and Space Leveraged Finance Alternative Investments Corporate Finance and Securities Corporate/M&A/Private Equity Intellectual Property IT & Outsourcing Litigation and Arbitration Tax and Executive Compensation and Benefits.

Driven to deliver exceptional results for our clients we push boundaries and challenge assumptions. Thats been core to our ethos since our founding in 1866. It fuels how we work and define ourselves and it informs our growth and evolution as a firm. Our unified practice is underpinned by our attorneys acknowledged technical excellence sectoral expertise and a strong tradition of innovation and client service. Surrounding ourselves by the best inspires and challenges us to constantly reimagine whats possible.

We are seeking an AML & Compliance Assistant to assist with fulfilling anti-money laundering requirements for London and other offices as required by law regulation and Firm policies and procedures.

The AML team is headquartered in London and comprises the Deputy General Counsel the Global AML & Compliance Senior Manager the AML Supervisor two AML & Compliance Analysts and an AML Assistant.

A career at Milbank means complex work unique challenges and inspiring results. It also means real collaboration and a supportive environment where youll learn and grow professionally and personally.

The successful candidate will possess excellent communication and relationship building skills for interactions with cross-functional stakeholders.

This is an exciting opportunity for a candidate who is interested in helping a team grow professionally and would like to influence the architecture of the global AML processes and procedures for the firm. The small size of the team means that the successful candidate will be prepared to embrace a wide range of tasks.

Responsibilities include but are not limited to:

• Performing due diligence on clients counterparties and third-party payors through research and liaising with fee earners secretaries and the finance team.
• Performing Politically Exposed Person adverse press and sanctions searches using a variety of research tools.
• Updating Firm software tools and databases with relevant information.
• Identifying and escalating red flags and higher risk matters as set out in Firm policy.
• Summarising results of research and drafting and circulating client risk assessments and matter risk assessments to take into account factors including AML sanctions CTF reputational and proliferation financing risk.
• Performing follow ups on outstanding AML files ongoing monitoring on completed AML files and periodic checks on personal identification documentation obtained as necessary.

This role reports to the Global AML & Compliance Senior Manager. Occasional weekends holidays and overtime may be required to meet business needs including monitoring the team inbox and acting on urgent incoming work.

• A minimum of 1 years experience working in an AML and/or sanctions compliance environment within a global law firm or financial institution is preferred.
• Knowledge of relevant AML legislation and guidance.
• Experience of performing CDD checks on entities and individuals (preferably in a law firm).
• A high standard of oral and written communication skills.
• Proficiency in Microsoft Office applications including Word Excel Outlook and PowerPoint.
• Strong research skills including via internet databases and other sources.
• Ability to manage multiple priorities and adjust to changing priorities in a professional manner.
• Strong service orientation and an ability to establish and maintain effective working relationships with attorneys secretaries and peers.
• Ability to work effectively and collaboratively.
• Discretion and confidentiality.
• Exceptional attention to detail.
• Strong cross-cultural awareness and sensitivity.

To facilitate a positive recruitment experience please let us know if you require any reasonable adjustments to be made for you during the recruitment process. Kindly provide details of your requirements. If you would like to discuss these with a member of the recruitment team please contact .