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Contract Aml Attorney Jobs in Virginia (NOW HIRING)

Contract Aml Attorney information

What does a contract AML attorney do?

A Contract AML (Anti-Money Laundering) Attorney is a legal professional who works on a contractual basis to help organizations comply with AML laws and regulations. They review and draft compliance policies, conduct risk assessments, investigate suspicious activities, and provide legal guidance on transactions to prevent money laundering. Their role often involves working with financial institutions, ensuring that all procedures meet regulatory standards, and sometimes assisting with training staff on AML protocols.

What are the key skills and qualifications needed to thrive as a contract AML attorney?

To thrive as a Contract AML Attorney, you need a strong background in anti-money laundering laws, regulatory compliance, and legal research, often supported by a JD degree and active bar membership. Familiarity with AML compliance tools, case management systems, and relevant certifications such as CAMS (Certified Anti-Money Laundering Specialist) is highly valued. Attention to detail, analytical thinking, and effective communication are crucial soft skills for interpreting regulations and advising clients. These skills and qualifications ensure accurate risk assessment, legal compliance, and the ability to navigate complex regulatory environments.

What are some common challenges contract AML attorneys face when working with multiple clients or organizations?

Contract AML Attorneys often juggle projects for various clients, each with unique compliance frameworks, risk appetites, and documentation standards. Balancing these differences while keeping up-to-date with evolving regulations can be challenging. Additionally, adapting quickly to new teams and technologies, and maintaining strict confidentiality across engagements, are crucial to success. Strong organization and communication skills help attorneys manage these demands effectively.

What is the difference between Contract Aml Attorney vs Compliance Analyst?

AspectContract Aml AttorneyCompliance Analyst
CredentialsJuris Doctor (JD), Bar Admission, AML certificationsBachelor's degree, AML or compliance certifications
Work EnvironmentLegal firms, financial institutions, regulatory agenciesFinancial institutions, corporate compliance departments
Industry UsageLegal and financial sectors, regulatory complianceFinancial services, banking, fintech

Contract Aml Attorneys focus on legal compliance, AML regulations, and providing legal advice, often working within legal or regulatory frameworks. Compliance Analysts handle AML policies, risk assessments, and monitoring activities, typically within compliance departments. While both roles require AML knowledge, Contract Aml Attorneys emphasize legal expertise, whereas Compliance Analysts focus on policy implementation and risk management.

What cities in Virginia are hiring for Contract Aml Attorney jobs?

Cities in Virginia with the most Contract Aml Attorney job openings:

Assistant General Counsel (Technology & Contracts)

Atlantic Union Bank

Herndon, VA • On-site

$120 - $160/hr

Other

Posted 18 days ago


Atlantic Union Bank rating

7.8

Company rating: 7.8 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

88th of 171 rated banks


Job description

Assistant General Counsel (Technology & Contracts)

The Assistant General Counsel – Technology and Contracts provides legal advice and support on a wide range of commercial contracting matters. The role is highly cross‑functional and cross‑collaborative, working with multiple stakeholders across the Company, including the vendor management, information and technology, information security, regulatory compliance, enterprise risk management, and line‑of‑business teams.

Members of the legal team work in an exciting, fast‑paced, people‑centered culture where their voice makes a difference. The role reports to the Associate General Counsel – Commercial and Consumer Banking.

Position AccountabilitiesSpecific Accountabilities
  • Negotiate and draft a wide variety of complex commercial agreements including SaaS, cloud computing, software licensing, outsourcing, fin‑tech, and professional services agreements.
  • Negotiate and draft various agreement types including master service agreements, SOWs, RFPs, licensing agreements, marketing agreements, and more.
  • Provide practical, actionable contracting solutions that support business goals.
  • Advise stakeholders on legal and regulatory risks at all stages of the contract lifecycle.
  • Demonstrate advanced knowledge of banking regulations and supervisory expectations that impact third‑party risk management. Advise stakeholders on contractual management of risks relating to privacy, information security, BSA/AML, artificial intelligence (AI), third‑party risk management, and consumer protection obligations. Partner with stakeholders to align contracts with regulatory obligations and supervisory expectations.
  • Drive changes that improve management of contractual risk. Develop playbooks, templates, policies, and contracting standards that enhance third‑party risk management practices and vendor governance.
  • Build relationship of trust, demonstrate expertise, and provide expert legal advice and support to various stakeholders on a wide range of legal issues.
General Accountabilities
  • Provide expert, practical legal advice on a wide array of federal, state, and local laws and regulations affecting the Company generally or assigned lines of business and/or functions. Develop sound legal assessments, interpretations, recommendations and opinions regarding the Company’s legal rights and obligations.
  • Develop legal strategies for achieving business goals and resolving complex legal problems.
  • Understand the Company’s business strategies and use such understanding to inform legal advice.
  • Lead discussions on complex legal topics with a wide variety of stakeholders, including members of the Company’s senior and executive management teams.
  • Retain and manage outside legal counsel in a manner that ensures the quality, efficiency, timeliness, and soundness of legal advice.
  • Conduct sophisticated legal research using various sources and methods.
  • Apply sound ethical judgment in execution of all duties and responsibilities.
  • Provide legal advice and support, and perform a wide variety of other tasks, as assigned to help the Company protect its business, commercial, and reputational interests.
Position QualificationsEducation & Experience
  • Minimum of 12 years as a practicing attorney with relevant financial services experience, of which at least 5 years was spent as in‑house counsel at a highly respected financial institution.
  • Licensed Attorney admitted to practice in one of the following jurisdictions: Virginia, North Carolina, Maryland, District of Columbia, or New York; or be able to satisfy reciprocity or corporate counsel requirements for admission into one of those jurisdictions.
  • Completion of accredited Law School with degree (J.D.).
  • Completion of four years of college undergraduate study with degree.
Knowledge & Skills
  • Demonstrated high level of knowledge in stated area of legal expertise.
  • Able to make sound legal judgments and proactively find solutions independently without oversight.
  • Excellent analytical, writing, and communication skills.
  • Demonstrated ability to work independently and handle multiple projects in a fast‑paced environment.
  • Excellent interpersonal skills and the ability to interact effectively with a wide range of stakeholders.
  • Business orientation and ability to provide practical solutions.
  • Strong ability to identify risks and propose alternative structures to mitigate those risks.
  • Ability to work collaboratively and contribute to team goals.
  • Excellent attention to detail and ability to remain organized.
  • Highest degree of adherence to ethical standards in the legal profession.
  • Proficient in standard corporate applications, including Microsoft Word, Outlook, Excel, and PowerPoint.
  • Understanding and regular use of artificial intelligence (AI) tools to complete tasks.

Salary offered will be based on several factors including but not limited to education, work experience, certifications, etc. This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit‑sharing bonus program. General information on our comprehensive benefits package can be found by visiting https://www.atlanticunionbank.com/about/careers/benefits .

We are proud to be an Equal Employment Opportunity employer and maintain a drug‑free workplace.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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