AML Analyst Career Path
AML Analysts are the first line of defence against financial crime within law firms. Here’s what the role involves, where it can lead, and what to expect in terms of skills, salary, and career development.
What This Role Involves
- Conducting client due diligence (CDD) and enhanced due diligence (EDD)
- Reviewing sanctions and PEP (Politically Exposed Person) screening results
- Monitoring and maintaining client risk assessments
- Supporting fee-earners with AML queries and onboarding requirements
- Assisting with suspicious activity investigations and reporting (SARs)
- Updating internal AML procedures and training materials
- Keeping up to date with regulatory changes under the Money Laundering Regulations (MLRs)
Required Experience & Skills
Is this role right for you?
- You prefer influencing firm-wide policy to pure billable work.
- You are comfortable pushing back when risk is too high.
- You enjoy coaching partners and fee earners on best practice.
- You want progression into Head of Risk or Director-level roles.
Typical Salary Range
£33,000 – £70,000
depending on PQE and firm tier.
£33,000 – £70,000
in London and US firms.
Base salary, drawn from our placement records and annual salary survey. See the full UK Legal Risk & Compliance Salary Guide, benchmark your own salary, or read the full AML Analyst salary guide.
