Job Information
Skadden, Arps, Slate, Meagher, & Flom LLP Attorney (6+ Years Experience) in New York, New York
Skadden, Arps, Slate, Meagher & Flom LLP is seeking an attorney with at least 6 years of experience with Anti-Money Laundering (AML) / Know Your Client (KYC) laws and regulations for an in-house position in the Office of the General Counsel. The AML/KYC Compliance Attorney will provide legal advice and support relating to the Firm's worldwide AML/KYC compliance initiatives and will be primarily responsible for overseeing policies, procedures, and controls in the areas of AML/KYC and sanctions compliance.
Key Responsibilities:
- Provide legal advice and support related to the Firm's AML/KYC compliance and overall risk management
- Lead the Firm's global AML/KYC compliance initiatives and oversee day-to-day management of the Firm's AML/KYC Teams
- Advise Firm partners with respect to AML/KYC compliance during the Firm's new business intake processes, assess new clients and matters in connection with AML/KYC laws, and ensure compliance with the Firm's AML/KYC policies and procedures
- Review, analyze, and interpret relevant AML/KYC laws and industry best practices, including those related to the Anti-Money Laundering Act of 2020, the USA PATRIOT Act, European anti-money laundering directives (AMLD), and other relevant laws
- Monitor developments in AML/KYC laws and regulations to ensure compliance. Provide proactive, strategic advice to relevant stakeholders
- Work closely with management and compliance teams across the Firm, including the AML and Sanctions Committees, and Money Laundering Reporting Officers (MLROs), to address matters effectively and proactively
Qualifications
- 6+ years AML/KYC experience, preferably in a law firm or in-house in a financial institution setting
- Juris Doctor degree from an accredited law school and admission to the NY Bar
- In-depth knowledge of global AML/KYC-related laws, regulations, and best practices
- Strong analytical, problem-solving, and decision-making skills
- Excellent communication, writing, and interpersonal skills, with the capacity to interact effectively with diverse stakeholders at all levels
- Ability to work independently as well as collaboratively in a fast-paced environment
- High level of professionalism, integrity, and discretion
The salary range for this New York position is expected to be between $200,000-$350,000 annually. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law.
Skadden's hybrid work model consists of working Monday through Thursday in the office. Attorneys also receive the opportunity to work remotely for specified periods throughout the year. Attorneys in our Office of the General Counsel are eligible for the following benefits: medical, dental, disability, and life insurance; 401(k); NY bar registration; on-site fitness center; continuing legal education (in-house, PLI, NY City Bar, Lexis/Westlaw); 4 weeks of paid vacation; and parental leave.
Skadden is an Equal Opportunity Employer. It adheres to an equal employment opportunity policy that prohibits discriminatory practices or harassment against applicants or employees based on any legally impermissible factor including, but not necessarily 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 process should contact Emily Johnston at (212) 735-3304.
Skadden EEO and Affirmative Action Policy
Applicants Have Rights Under Federal Employment Law
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Skadden is an Equal Opportunity Employer. It adheres to an equal employment opportunity policy that prohibits discriminatory practices or harassment against applicants or employees based on any legally impermissible factor including, but not necessarily 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 (where the applicant or employee is qualified to perform the essential functions of the job with or without reasonable accommodation), any protected military or veteran status, or status as a victim of domestic or dating violence, sexual assault or offense, or stalking.
Skadden EEO and Affirmative Action Policy: https://www.skadden.com/-/media/files/careers/eeo/eeoandaffirmativeactionpolicystatement.pdf
Applicants Have Rights Under Federal Employment Law: https://www.skadden.com/-/media/files/careers/eeo/federalemployment_laws.pdf
Minimum Salary: 31200.00 Maximum Salary: 31200.00 Salary Unit: Yearly