Senior Associate, Financial Crime Prevention, Compliance

Location: Greater London

Senior Associate, Financial Crime Prevention, Compliance page is loaded## Senior Associate, Financial Crime Prevention, Compliance locations:
London, UKtime type:
Full time posted on:
Posted 3 Days Agojob requisition :
R7237###
* Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
*** Job Description
***
* Summary:

** The Ares Compliance Department oversees and manages Ares’ global regulatory compliance and ethics program. Under the leadership of the Global Chief Compliance Officer, the Compliance Department is comprised of functionally aligned teams that operate collaboratively based on the Firm’s overall structure and include the following:
* Investment Advisory, which oversees implementation of the Advisers Act, regulatory reporting, and administers the Code;
* Control Room, Conflicts and Trading, which oversees the regulations and guidelines applicable to trade surveillance, the handling of Material Non-Public Information, and conflicts;
* Marketing and Distribution, focusing on global marketing regulations as well as compliance for Ares’ registered broker-dealers;
* Regulated Funds, which oversees the compliance for advised and sub-advised registered funds and public companies;
* Financial Crime Prevention, which develops and administers Ares’ global program for anti-money laundering and counter-terrorism financing, economic sanctions, and anti-corruption (together, the “FCP Program”); and
* European and Asia Pacific compliance, which oversees region-specific compliance programs and regulatory matters.

Ares is seeking an experienced highly organized and proactive Senior Associate in London, who will focus on KYC execution and provide day-to-day support across AML, sanctions, anti-corruption and financial crime investigations for EMEA, as well as assisting in supporting a high-quality client service throughout the counter party KYC process and contributes to continuous enhancement of FCP policies, procedures, and tooling.#
** Primary Functions and Responsibilities:
** The Senior Associate will play a critical role in executing and supervising KYC processes in line with the FCP Program and UK/EU requirements.

Responsibilities include:

KYC Execution & Oversight
* Review and analyze completed KYC files and risk factors (structure, source of wealth/funds, jurisdictional risks).
* Liaise directly with external counter parties, investment professionals, internal deal counsel, external counsel, and Operations teams to ensure timely onboarding.
* Provide accurate investment KYC status updates.
* Prepare briefing notes for review regarding high-risk counter parties and complex structures; include risk rating, flags, and recommended actions.
* Draft follow-up information requests to clients/intermediaries for escalated cases; track responses and deadlines.
* Support the VP with sanctions escalation cases (ownership/control look-through, tiered jurisdiction risk); prepare decision memos and recommended mitigations.
* Quality-check screening alert dispositions and document false positive rationales; propose name-matching tuning to reduce noise.

Compliance Program Support
* Assist VP in Maintaining and updating FCP Program policies and procedures to reflect UK/EU regulatory changes.
* Identify and escalate high-risk situations; support investigations and risk mitigation strategies.
* Assist with regulatory information-sharing requests and documentation for high-risk counter parties.

Process & Technology Enhancement
* Develop and maintain KYC reporting metrics and recordkeeping systems.
* Collaborate on technology-based solutions for KYC (document repository, screening alerts).
* Contribute to efficiency projects and…