Anti-Money Laundering Analyst

Anti-Money Laundering Analyst
Compliance Department

Summary:

Duties and Responsibilities:

Covington is seeking an Anti-Money

On-boarding new clients into the Firm whilst
Laundering Analyst to join the AML
understanding the proposed scope of work.
Compliance team. They will be responsible
for anti-money laundering and on-going

Conducting client due diligence checks against a
compliance checks against the Firm's clients.
proposed or existing client, or third-party payor, which
The analyst reports to the AML Compliance
involves researching the entity or individual within the
Manager and the Director of AML
compliance software and internet.
Compliance.

Escalating any ownership issues, adverse media,
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Politically Exposed Persons (PEPs), or sanctions
issue to a senior member of the team, Director of

Qualifications:

AML Compliance, or Money Laundering Reporting

Officer.
Understanding of the UK and European
AML legislations and Directives.

Documenting client and matter risk assessments by

writing an accurate narrative describing the client or
Working knowledge of the Legal Sector
third-party payor and the risks presented to the Firm,
Affinity Group Anti-Money Laundering
with an explanation of any escalations and
Guidance for the Legal Sector.
resolutions.

Law graduate, L.P.C. desirable.

Reviewing on-going monitoring AML alerts generated

by the system, which is screening for adverse media,
Experience working in an international law
sanctions, and PEPs.
firm within AML compliance.

Researching hits against the current client data to
Experience using Intapp and software
understand whether it is relevant to the client or a
such as Orbis, Mint, D&B, World Check,
false positive hit.
World Compliance, and Accuity.

Resolving the hit or escalating the issue to a senior
member of the team.

Conducting AML refresh against the existing client
database at the prescribed intervals that have been
set for the client.

Evaluating the existing client due diligence
documents and requesting new documents if required
from the client team.

Re-evaluating the client risk assessment and client
risk rating.

Escalating the client to a senior member of the team
for remediation in the event an issue has been
identified.

Duties and Responsibilities (Continued):

Performing AML checks against clients for EMEA
Timekeepers working on U.S. matters.
Status:
Exempt

Reports To:

AML Compliance Manager
Workplace Type:
Hybrid as needed
Covington & Burling LLP is an equal opportunity employer and does not discriminate in any aspect of employment, including hiring, salary, promotion,
discipline, termination, and benefits, on the basis of race, color, ethnicity, religion, national origin, gender, gender identity or expression, age, marital status,
sexual orientation, family responsibility, disability (including physical handicap), or any other improper criterion.