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Liberty Mutual Insurance

Financial Crimes Attorney

Boston, MA

Pay Philosophy
The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

Typical Starting Compensation for this role is: $149,300-$165,000

Description
Liberty Mutual's Global Compliance & Ethics Department is seeking a highly qualified attorney to join a team of in-house lawyers responsible for management of all legal and regulatory matters impacting the company's global Economic and Trade Sanctions (sanctions), Anti-Money Laundering (AML) and Anti-Corruption (anti-corruption) programs. This position generally requires at least five years' experience as a practicing lawyer, the ability to apply financial crimes laws to various insurance transactions, and a working knowledge in the sanctions, AML and anti-corruption areas. The lawyer will provide legal advice and carry out actions which have an impact upon the rights, privileges and responsibilities of the Company while maintaining high standards of legal and business ethics and professional responsibility.

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Responsibilities:
  • Ensure compliance of sanctions, AML and anti-corruption programs, including:
  • Maintaining global policies and procedures
  • Providing legal advice on voluminous day-to-day transaction requests from internal and external business partners
  • Partnering with multi-functional teams across various business channels on global financial crimes strategic initiatives
  • Monitoring compliance with internal controls
  • Providing training to business partners
  • Monitoring and advising on regulatory developments
  • Advising on regulatory inquires, audits and investigations
  • Supporting M&A team with pre-acquisition, divestiture due diligence and post-acquisition due diligence and integration
Qualifications
  • Completion of law school with a J.D. or L.L.B. degree and admission to the bar of at least one jurisdiction in the United States required.
  • At least five years` experience as a practicing attorney.
  • Requirements include excellent oral and written communication skills, client focus, managing multiple priorities, attention to detail and demonstrated ability to conduct research and analysis of legal issues
  • Ideal candidate will have experience in OFAC and other sanctions regimes (e.g. EU and UK), the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act, and anti-money laundering laws and regulatory requirements.
  • Experience working in insurance industry and/or financial crimes regulatory agencies preferred.
About Us
This position may have in-office requirements depending on candidate location.

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates-as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-equity-inclusion/

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Fair Chance Notices
  • California
  • San Francisco
  • Los Angeles
  • Philadelphia

Client-provided location(s): Boston, MA, USA; New York, NY, USA; Charlotte, NC, USA; Washington, DC, USA; Miami, FL, USA; Portsmouth, NH 03801, USA
Job ID: liberty_mutual-2024-64485-en_2
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Long-Term Disability
    • FSA
    • HSA With Employer Contribution
    • HSA
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Mental Health Benefits
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Happy Hours
    • Snacks
    • Company Outings
    • On-Site Cafeteria
  • Vacation and Time Off

    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
    • Volunteer Time Off
  • Financial and Retirement

    • Performance Bonus
    • Pension
    • 401(K) With Company Matching
    • 401(K)
    • Financial Counseling
  • Professional Development

    • Mentor Program
    • Promote From Within
    • Learning and Development Stipend
    • Tuition Reimbursement
    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Access to Online Courses
    • Lunch and Learns
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at Liberty Mutual Insurance.