AML Risk and Compliance Analyst (Asia)
Position summary: Under the supervision of the AML Risk and Compliance Manager (Europe & Asia) and following prescribed department, office and firm procedures, the AML Risk and Compliance Analyst (Asia) is responsible for the timely and accurate processing of Anti-Money Laundering (AML) checks. The role supports the Firm’s Money Laundering Reporting Officer (MLRO), the Assistant General Counsel (Europe and Asia) and the AML Risk and Compliance Manager in all areas of AML compliance. Specific duties and responsibilities include, but are not limited to, the following:
Position responsibilities:
Timely completion of AML process for all Firm clients, prioritizing clients of the Singapore, Hong Kong, Beijing and Shanghai (China) offices and clients of the Firm’s US offices where UK, Brussels, Singapore, China and Hong Kong attorneys work on those matters
Perform Client Due Diligence (CDD) on entities identified, through various publicly available and Firm sources
Liaise with partners and clients to obtain information, as needed
Perform Politically Exposed Person/sanctions searches in World-Check on natural persons and corporate entities, with a particular focus on searching Chinese names
Update Firm software tools and databases with relevant information in a timely manner
Analyze and evaluate AML software tools and databases
Keep up to date with AML developments in Singapore, Hong Kong and China
Assist AML Team Management in the maintenance of AML policies and procedures for Singapore, Hong Kong and China
Compile relevant information for sign off by AML team management
Perform follow ups on outstanding AML files, ongoing monitoring on completed AML files and periodic checks on personal identification documentation obtained, as necessary
Assist the AML team management in the review of the AML CDD process and implementation of new and more efficient processes and procedures
Assist in the training of new joiners to the Singapore and Hong Kong offices on the Firm’s AML policies and procedures
Attend AML Team Zoom meetings
Provide coverage for other AML team members when they are on leave
Perform other tasks and assist with special projects as requested by the MLRO or other AML Team members
Communicate regularly with, and to immediately report any problems or potential areas of AML compliance concern to the MLRO
Skills and experience:
Required:
After orientation at Cooley LLP, exhibit proficiency in the Microsoft Office suite, iManage and other firm applications
Available to work overtime, as required
Minimum 3 years’ experience performing CDD checks on entities and individuals (preferably in a law firm)
Knowledge of relevant AML legislation and guidance
Strong corporate research skills, including via internet, databases and other sources
Commitment to the office and Firm
Fluent in Mandarin, reading, writing and speaking
Preferred:
Competencies:
Ability to think critically in analysing and solving problems
Good presence and ability to work well with all personnel
Ability to manage multiple priorities and adjust to changing priorities in a professional manner
Willingness and ability to assume new tasks and responsibilities
Strong service orientation and an ability to establish and maintain effective working relationships with attorneys, secretaries and peers
Ability to meet deadlines in a fast-paced environment
Ability to work under pressure and handle multiple tasks while maintaining confidentiality
The ability to independently assess client needs and to develop appropriate responsive solutions
The ability to work effectively both independently and collaboratively and to foster a culture of team work
Keen interest in and commitment to keeping up to date with relevant technology, products and services and developing professionally
Ability to forge effective working relationships and to influence at a senior level
Excellent organizational skills, ability to organize and prioritize work assignments, as well as delegate tasks to support departments when necessary
Excellent written, communication and proofreading skills with attention to detail
Ability to function in a professional and polite manner
Reliable, committed and punctual
Professional in approach and able to deal with business professionals at all levels
Service delivery focused with ability to recognize pressure points and to offer assistance where needed
Organized and efficient. Able to prioritize and manage own workload and work without supervision
Highly motivated and enthusiastic to lead by example
Team player
Proactive
Ability to embrace organizational change
Reporting to this position: No direct reports.