AMLKYC Analyst at Skadden

We invite you to review our current business services professionals openings to learn about the opportunities available across the firm.About Us Skadden Arps Slate Meagher & Flom LLP has forged a reputation as one of the most prestigious law firms in the world. Relying on innovation intellect teamwork and tenacity our lawyers deliver the highest quality advice and novel solutions to our clients legal issues. We are known for handling the most complex transactions litigation/controversy issues and regulatory matters as well as for the strong partnerships we build with clients and each other. Our attorneys who reflect a broad range of experiences and perspectives work together seamlessly across 50-plus practices and 21 offices in the worlds major financial centers.The OpportunityWe are seeking an AML/KYC Analyst to join our Firm. This position can be based in our New York Los Angeles Palo Alto Chicago or Houston offices and offers a fully remote work model (please note that the Firm will not sponsor applicants for work visas for these positions). There are multiple shifts available:Weekdays Monday - Friday2:00 pm 10:00 pm ETWeekends Friday - MondayFriday: 2:00 pm 10:00 pm ETSaturday & Sunday: 9:00 am 9:00 pm ETMonday: day or evening shiftThe AML/KYC Analyst conducts complex research analyzes documents and data and ensures compliance with the Firms KYC/AML requirements and sanctions obligations. Manages multiple complex client analysis projects facilitates risk analysis for new and prospective clients and addresses compliance issues to support informed decision-making across the Firm including apprising senior management and Partners of changes in client risk profile based on ongoing monitoring and regulatory changes.Performs analysis of prospective clients including enhanced due diligence synthesizes findings and reports to management partners and committee members for effective assessment of viability and risk level of prospective clients.Researches and documents relationships between the Firms new and existing clients identifying corporate structures to facilitate accurate and current reporting.Manages and responds to economic sanctions-related alerts (OFAC EU UK) ensuring compliance with applicable regulations.Conducts enhanced due diligence for higher-risk clients based on geopolitical economic reputational and sanctions considerations including ongoing review of higher-risk clients and matters.Analyzes and follows up on documentation and information necessary to comply with the Firms jurisdictional specific KYC/AML regulatory requirements.Assists in the operationalization of the Firms AML Sanctions FARA and Tax Evasion Prevention Policies.Identifies and addresses non-compliance and risk assessment issues collaborating with management and partners to resolve.Updates and maintains client records and internal databases to keep current with compliance status of clients the department and Firms KYC/AML guidelines and procedures active sanctions restrictions as well as new regulations and requirements.Conducts comprehensive risk assessments on new clients evaluating AML risk financial viability with respect to bill payment reputational risk political connections bankruptcy and criminal records.Reviews client invoices and collections to ensure legitimacy and AML/KYC regulatory compliance.Reviews client engagement information for accuracy and coordinates with partners and committee members to ensure the Firms compliance with the Foreign Agents Registration Act (FARA) and assess the risk of tax evasion.Provides guidance and training to partners and staff regarding the Firms KYC/AML procedures and jurisdictional requirements.Provides support to partners and staff to facilitate new business intake.Manages multiple complex client analysis projects (e.g. jurisdiction sanctions and industry related reports and analysis).Understands and responds to inquiries from partners other attorneys as well as staff and demonstrates this understanding through the use of effective written and verbal communication.Actively seeks to enhance knowledge of all Firm procedures and processes.Manages Firm resources responsibly.Complies with and understands Firm operation policies and procedures.Performs other related duties as assigned.QualificationsKnowledge of relevant firm computer software programs (e.g. Word Outlook Excel PowerPoint) with the ability to learn new software and operating systemsKnowledge of Aderant with respect to client matter intake process and billing-functionAbility to perform Internet research using various search functionsExcellent analytical troubleshooting organizational and planning skillsDemonstrates effective interpersonal and communication skills both verbally and in writingDemonstrates close attention to detailAbility to read interpret and follow instructionsAbility to meet deadlinesAbility to handle multiple projects and shifting prioritiesAbility to handle sensitive matters and maintain confidentialityAbility to organize and prioritize workAbility to work well in a demanding and fast-paced environmentAbility to work well independently as well as effectively within a teamAbility to use discretion and exercise independent and sound judgmentFlexibility to adjust hours and work the hours necessary to meet operating and business needsEducation and ExperienceBachelors degreeMinimum of two years KYC/AML experience and/or other similar law firm experienceCulture & Life at SkaddenWhat makes Skadden special is our people and the culture community and spirit of collaboration we have created. We believe in teamwork and inspiring each other to be our best in an atmosphere that promotes professionalism and excellence in all that we do. We know that inclusion and drawing on the strength of a wide spectrum of talent only make us better and is vital to the firms success. Our goal is for everyone at the firm to enjoy a challenging career with opportunities for development and growth and to support the well-being of our attorneys and business services professionals.BenefitsThe overall well-being of our team is important to us. We offer generous benefits to help you achieve wellness in all areas of your life.Competitive salaries and year-end discretionary bonuses.Comprehensive health care (medical dental vision) savings plan/401(k) and voluntary benefits.Generous paid time off.Paid leave options including parental.In-classroom remote and on-demand learning and professional development opportunities.Robust well-being classes and programs.Opportunities to give back and make an impact in local communities.For further details please visit: starting base salary for this position is expected to be within the range listed under Salary Details. Actual salary will be determined based on skills experience (to the extent relevant) and other-job related factors consistent with applicable law. This position may be eligible for a discretionary year-end bonus.Salary Details$85000 - $95000EEO StatementSkadden is an Equal Opportunity Employer. It does not discriminate against applicants or employees based on any legally impermissible factor including but not limited to race color religion creed sex national origin ancestry age alienage or citizenship status marital or familial status domestic partnership status caregiver status sexual orientation gender gender identity or expression change of sex or transgender status genetic information medical condition pregnancy childbirth or related medical conditions sexual and reproductive health decisions disability any protected military or veteran status or status as a victim of domestic or dating violence sexual assault or offense or stalking.Applicants who require an accommodation during the application process should contact Lara Bell at .Skadden Equal Employment Opportunity PolicySkadden Equal Employment Opportunity PolicyApplicants Have Rights Under Federal Employment LawApplicants Have Rights Under Federal Employment LawIn accordance with the Transparency in Coverage Ruleclick here to review machine-readable files made available by UnitedHealthcare:Transparency in CoverageApplicants Have Rights Under California LawApplicants Have Rights Under California LawSkadden will consider for employment all qualified applicants including those with criminal histories in a manner consistent with the requirements of applicable state and local laws including the City of Los Angeles Fair Chance Initiative for Hiring Ordinance.Required Experience:IC Key Skills ArcGIS,Intelligence Community Experience,GIS,Python,Computer Networking,Data Collection,Intelligence Experience,R,Relational Databases,Analysis Skills,Data Management,Application Development Employment Type : Full-Time Experience: years Vacancy: 1 Monthly Salary Salary: 85000 - 95000