Compliance Specialist

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Title :

Compliance Specialist

Location :

Washington, D.C.

Job Summary

Gibson Dunn is a leading global law firm, advising clients on significant transactions and disputes. Our exceptional teams craft and deploy creative legal strategies that are meticulously tailored to every matter, however complex or high-stakes. The firm’s work is distinguished by a unique combination of precision and vision.

Based in New York or Washington, the Compliance Specialist will be responsible for facilitating the onboarding of new clients and new matters in several of the Firm’s offices, inside and outside the US, in line with the Firm’s onboarding procedures and compliance policies relating to sanctions screening, Anti-Money Laundering (AML), and Client Due Diligence (CDD).

This role reports directly to the Firm’s Compliance Manager, with indirect (i.e., dotted line) reporting into Compliance Partners/MLROs.

 

Responsibilities include:

  • Ensure that the onboarding of new clients, matters and third-party payors comply with the Firm’s internal trade sanctions / export control, AML and CDD policies.
  • Respond to queries relating to the interpretation of relevant legislation, regulation and Firm policies pertaining to trade sanctions and AML.
  • Review global screening reports generated through a third-party customer screening and risk intelligence tool, to verify compliance with trade sanctions / export control policies.
  • Review new client, new matter and CDD forms submitted by Partners and other lawyers to verify compliance with AML and CDD policies.
  • Ensure CDD memos, new client and matter opening forms and supporting KYC documents are filed on the firm’s central database.
  • Maintain adequate records of the status of client and beneficial owner identification and verification for new and existing clients.
  • Monitor changes to AML rules and regulations across designated jurisdictions and assist the Firm’s Compliance Officer, Compliance Manager or Senior Compliance Specialist, and Compliance Partners with updating/implementing applicable policies and procedures.
  • Stay current on, and ensure compliance with, new procedures, guidance and best practices; attending AML and trade sanctions courses and seminars as needed or directed.
  • Ongoing review of CDD documentation held for existing clients.
  • Conduct training for new and existing attorneys and other relevant staff on the client intake process.
  • Assist in the submission of AML questionnaires and annual AML returns as and when requested or required by local regulators.
  • Assist with the Firm’s internal compliance monitoring processes.
  • Support the Compliance Manager and other Compliance Specialists, as applicable, providing cover during annual leave.
  • Participate in demos and planning discussions with respect to, and assist with testing and/or piloting of, new third-party or internally constructed software applications relating to client intake, AML compliance, CDD, trade sanctions and export control compliance, and client lifecycle management generally.
  • General ad hoc duties; including but not limited to supporting compliance-related projects.

Qualifications

  • Ability to escalate and communicate issues in a timely and effective manner.
  • Ability to organize and prioritize multiple assignments in a fast-paced environment; work under pressure and complete job assignments in an accurate and timely manner; respond appropriately to shifting demands.
  • Strong research, analytical and problem solving skills with attention to detail.
  • Excellent written and oral communication and interpersonal skills and ability to interact effectively with a broad range of people in a professional manner.

Experience

  • Good understanding and working knowledge of AML regulations and legislation in relevant jurisdictions.
  • Good understanding and working knowledge of trade sanctions and export control compliance, particularly in relation to sanctions screening report consumption and interpretation, resolution, and, where needed or advisable, escalation of “hits” in such reports.
  • Experience with compliance aspect of onboarding clients.
  • Good understanding and working knowledge of compliance policies.
  • Understanding of corporate structures including companies, trusts, partnerships, PE funds, etc.
  • Experience working in a law firm environment beneficial.

 

 

Gibson Dunn will consider for employment qualified Applicants with Criminal Histories in a manner consistent with the requirements of local law.

 

 

Compensation & Benefits:

The annual compensation range for this position is $85-120k. The salary offered within this range will depend upon qualifications and other operational considerations.

Benefits offered for this position include health care; retirement benefits; paid days off, including sick time, and vacation time; parental leave; basic life insurance; Flexible Spending Accounts; as well as discretionary, performance-based bonuses.

GIBSON DUNN & CRUTCHER LLP IS COMMITTED TO THE PRINCIPLES OF EQUAL EMPLOYMENT OPPORTUNITY FOR ALL PARTNERS, EMPLOYEES AND APPLICANTS AND, IN ACCORDANCE WITH THE APPLICABLE FEDERAL AND STATE LAWS, DOES NOT DISCRIMINATE ON THE BASIS OF SEX, RACE, CREED, COLOR, RELIGION, MATRICULATION OR POLITICAL AFFILIATION, NATIONAL ORIGIN, ALIENAGE OR CITIZENSHIP STATUS, ANCESTRY, AGE, MARITAL STATUS OR PARTNERSHIP STATUS, FAMILY RESPONSIBILITIES, DISABILITY, MEDICAL CONDITION, PERSONAL APPEARANCE, GENETIC INFORMATION, PREDISPOSING GENETIC CHARACTERISTICS, SEXUAL ORIENTATION, MILITARY STATUS, STATUS AS A VICTIM OF DOMESTIC VIOLENCE, STALKING AND SEX OFFENSES, ARREST OR CONVICTION RECORD, OR ON ANY OTHER BASIS PROHIBITED BY LAW.