Akin Gump Strauss Hauer & Feld LLP is hiring a Risk & Compliance Analyst for a fully remote role, open to candidates based in select US states.
About Akin Gump Strauss Hauer & Feld LLP
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
About the Opportunity
Akin Gump Strauss Hauer & Feld LLP is seeking a Risk & Compliance Analyst in the Risk and Compliance Services Department, reporting to the Risk and Compliance Managers. The department offers a unique perspective into the law firm and plays a critical role in its day-to-day operations.
As the risk management function of the General Counsel’s Office, the Risk and Compliance team is a firmwide team responsible for vetting all prospective representations. The department assists the partnership in complying with ethical and legal duties to avoid conflicts of interest, meeting obligations under relevant financial crime legislation, including anti-money laundering legislation and sanctions obligations, and meeting professional responsibility obligations.
Post Details
- Position: Risk & Compliance Analyst
- Schedule: 9:00 AM to 5:30 PM
- FLSA: Non-Exempt
- Employment Type: Full-Time/Regular
- Base Salary Range: $70,000 to $95,000 (Boston, California, Chicago, New York and Washington, DC)
- Location: Remote
Mode
The position has full remote work capabilities.
Location
Candidates must currently reside in California, Texas, Maryland, Virginia, Washington, DC, Pennsylvania, New York, New Jersey, Massachusetts, Connecticut or Illinois.
Roles & Responsibilities
- Conduct conflict checks and corporate research on prospective clients and related parties within the firm’s new business and conflicts application and various third-party research tools, and summarize results for the requesting partner.
- Process prospective client, matter, additional party, third party payor, client matter maintenance, contract attorney and lateral hire requests to identify potential conflicts of interest, sanctions, PEP connections and reputational and financial considerations.
- Conduct client due diligence (CDD), including know your customer (KYC) checks and anti-money laundering (AML) clearances from simple due diligence (SDD) to enhanced due diligence (EDD), along with matter assessments for existing clients and ongoing monitoring.
- Routinely work with Ethics Attorneys to clear conflicts and understand financial crime red flags and business or reputational considerations, escalating accordingly.
- Liaise with other departments, including Cash and Finance, to ensure approvals with respect to payments into and out of the firm are obtained.
- Process and manage correspondence, including outside counsel guidelines, vendor questionnaires, and engagement and confirmation letter requests, facilitating approvals and fully executed letters through DocuSign.
- Facilitate the matter disposition process for departing attorneys and the firm’s audit letter response process.
- Respond to calls, emails and workflow requests from firm attorneys, paralegals and legal secretaries.
- Participate in an on-call rotation to provide weekend support.
Eligibility Criteria
- Bachelor’s degree required
- Minimum of 2 years of conflicts, new business intake, financial crimes, anti-money laundering and/or compliance experience
- Experience onboarding new clients and matters through a new business and conflicts application, such as Intapp Open, and using third-party research tools such as Compliance Catalyst, S&P and/or BVD/Orbis, is preferred
- Ability to take initiative, organize, prioritize deadlines and handle multiple projects in a high-paced environment
- Ability to work independently and seamlessly with internal and external teams, fostering a positive and inclusive team environment
- Ability to assess situations and analyze data objectively, executing sound judgment to achieve optimal outcomes
- Strong research and analytical skills, including the ability to synthesize large amounts of client due diligence data
- Strong interpersonal skills and the ability to articulate thoughts and ideas to various audiences
- Strong commitment to meeting customer service needs while adhering to internal service levels
- High proficiency in Microsoft Office applications, including Word, Excel, Outlook and PowerPoint
Salary
The actual salary offered will be based on several factors, including relevant education, qualifications, years of relevant experience, certifications or other professional licenses held, job-related knowledge and skills, business needs, and the location from which the work will be performed. Compensation may also include a full range of health and other insurance benefits, financial and other benefits including 401(k) eligibility, a discretionary bonus, and various paid time off benefits.
Contact
Visit the Akin Gump official website here:
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Application Procedure
Interested candidates may apply for this position through the official recruitment listing.
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