Financial Crime And Sanctions In House Lawyer

3-7 yrs required

Full-time

No

Job Title: Financial Crime and Sanctions In-House Lawyer
Company: A law firm
Location: New York City, NY

Job Overview:
The Financial Crime and Sanctions In-House Lawyer will play a pivotal role in ensuring compliance with anti-money laundering (AML) and sanctions regulations within the firm. They will collaborate with various BAU Managers, Senior Analysts, and Legal Teams to manage day-to-day operations, analyze legal issues, implement process enhancements, and support training initiatives.

Duties:

• Liaise with BAU Managers and Senior Analysts to allocate resources efficiently and ensure timely completion of tasks related to AML and sanctions compliance.
• Assist in the day-to-day management of BAU team members focused on AML and sanctions compliance.
• Collaborate with the Head of Financial Crime & Sanctions and MLCO/MLRO to implement process enhancements and achieve global AML compliance objectives.
• Analyze and resolve legal, regulatory, and commercial financial crime and sanctions compliance issues.
• Act as a senior contact point for local MLROs regarding BAU processes and procedures.
• Monitor changes in regulations and laws affecting financial crime and sanctions globally.
• Assist in developing and refining internal databases and evaluating external databases for business acceptance processes.
• Manage major financial crime and sanctions projects and assist in training initiatives.
• Support recruitment processes for BAU vacancies and represent the BAU in cross-departmental and external meetings.
• Assist in responding to regulatory audit requests and anti-money laundering compliance audits.
• Manage ongoing client and counterparty screening using Accuity software.
• Provide regular reports and updates on team workload to BAU management.
• Undertake additional responsibilities as required.

Requirements:

• Strong academic background with a JD required.
• Admission to NY, DC, or CA Bar preferred.
• Senior-level experience in international BAU teams focusing on AML and sanctions compliance.
• Detailed knowledge and experience of BAU systems and processes in AML and sanctions compliance.
• Excellent task management and organizational skills with the ability to manage multiple tasks under time pressure.
• Strong communicator who can motivate and effectively communicate with team members, fee earners, and support staff.

Legal