AML Risk Manager, Full Time, Permanent, £48,000 per annum
It is an exciting time to join the Law Society of Scotland.
An opportunity has become available to join the Anti-Money Laundering (AML) Team as an AML Risk Manager – and this is an opportunity not to be missed!
With a primary focus on undertaking supervisory AML Assurance Reviews, the AML Risk Manager will conduct (mostly remote) investigations into Scottish Legal Firms and assess their compliance with the 2017 Money Laundering Regulations and recognised industry guidance.
The work of the AML Team ensures that the Society fulfils its responsibilities and obligations as the designated AML Professional Body Supervisor of Scottish Legal Firms.
Applications are welcomed from those with AML knowledge, irrespective of whether that knowledge was gained in the legal sector, financial services or other regulated industry.
At the centre of our organisation are the values of Respect, Openness, Progress, Inclusion, and Integrity which drive our teams to deliver the best possible service for the legal sector and beyond.
Key Responsibilities for this role
AML Supervisory Assurance Reviews testing the adequacy of Policies, Controls & Procedures (PCPs), wider governance and ability to compile client and matter risk assessments.
Supporting the Head of AML and the Director of Financial Compliance to ensure that the LSS fulfils its responsibilities as a Professional Body Supervisor of AML.
Working in conjunction with the wider AML Team to collect AML data - which is used to risk assess the respective Scottish Legal Firms.
Contribute towards the creation and maintenance of policies, procedures, training material and communications for the benefit of the AML Team, Scottish Legal Firms, the LSS and various regulatory bodies such as the Office for Professional Body Anti-Money Laundering Supervision (OPBAS) and HM Treasury.
Key Knowledge, Skills and Experience:
In depth knowledge of Customer Due Diligence (CDD) in the UK.
Working knowledge of the Money Laundering Regulations 2017 and the Legal Sector Affinity Group Guidance.
The ability to risk assess and prioritise / manage a busy workload accordingly - planning and managing concurrent assurance tasks and report writing.
Effective written and verbal communication / influencing skills in order to convey important, complex (and sometimes challenging) messages to decision-makers and those under supervision.
What we offer our employees?
We offer a comprehensive benefits package to support our colleague’s professional and personal needs. Some of these include:
A hybrid working environment.
Flexible working, to allow you to work around your lifestyle and commitments.
30 days holiday plus bank holidays
A competitive pension provision scheme
Excellent family friendly benefits
Learning and Development opportunities to enhance your skills or through programmes leading to professional or academic qualification.
Private medical insurance including dental and optical.
Various health and wellbeing benefits such as confidential counselling services, bike to work scheme, eyecare, and offers on well-known brands through our Lifestyle savings offering.
The Law Society of Scotland is proud to hold a Leaders in Diversity Award in recognition of our commitment to advance fairness, respect, equality, diversity, inclusion and engagement both within our organisation and in the Scottish legal sector. More information can be found on our Equality and Diversity page.
We are always on the look for new talent to join our incredible workforce. If you are looking for a new opportunity within the society, we would love to hear from you!
If this opportunity sounds like the one for you, click Apply now.
This vacancy will close at 11.30am on Tuesday 1 July.
We are unable to provide feedback to applicants who are not selected for interviews.
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