Financial Crime Senior Associate - UK&I - Risk Management- Permanent -Newcastle

Financial Crime Senior Associate - UK&I - Risk Management- Permanent –Newcastle

Within the professional services environment, the application of risk management policies and procedures is fundamental to the successful delivery of our client services and promotion of our brand.

Risk management (RM) encompasses the processes that we have in place to ensure that we support service quality, contain the threat of litigation, limit damage to our reputation and achieve full fee recovery. 

At EY, RM is the internal function responsible for the promotion and support of risk matters within the business.  The aim is to ensure that the firm complies with the rules and regulations imposed either by law, external regulators or by EY Global in relation to the conduct of our business.

The Financial Crime Team (FCT) is the part of RM that ensures the firm is compliant and has effective controls to manage risks connected with financial crime, including money laundering, bribery and corruption, economic sanctions and fraud.

The Opportunity:

This is a fantastic opportunity to join the FCT and help fulfil its responsibility to execute EY’s risk strategy, policies and processes in relation to anti-money laundering, anti-bribery and corruption and sanctions. You will assist in mentoring junior team members and fostering a collaborative financial crime compliance culture across service lines.

Your main responsibilities will be:

• Assist the manager in handling complex AML/KYC queries and liaise with relevant internal teams
• Support Quality Assurance (QA) testing of internal financial crime controls
• Communicate findings with the QA lead and ensure they are remediated to an adequate standard
• Support in preparing insightful information reports for management
• Acting as a liaison between service lines and FCT to promote financial crime compliance awareness
• Assist in developing and drafting guidance and financial crime related training tailored to service lines
• Building and maintaining collaborative relationships with relevant stakeholders across the firm

On the job training will be provided. After proving your abilities, it should be possible to obtain sponsorship for a professional financial crime qualification.

Skills and Attributes for Success:

• Working knowledge of UK regulatory environment, including the Money Laundering Regulations and relevant sector guidance e.g. AMLGAS, JMLSG, SRA
• Experience of working in a 2nd line of defence function/ role
• Ability to assess financial crime risks, provide practical guidance on risk-based compliance, and clearly articulate related advice and recommendations
• Experience with delivery of best practice QA checks to ensure firm meets the required regulatory standards
• Service orientated and commercially minded at solving problems.
• Excellent communication and interpersonal skills, with the ability to engage and influence stakeholders
• Good organisational skills and some experience of project management.

To Qualify for the Role, you must have:

• University degree or professional qualification, preferably in financial crime, accountancy, company secretary, legal or other risk/ compliance.
• Previous experience of 2nd line financial crime regulatory or compliance work, preferably from a professional services firm (ideally 3 years)
• Adaptable and flexible with good team working skills and the ability to multi-task.
• Ability to build strong working relationships with service lines and develop an excellent understanding of their business
• Ability to work to pre-determined deadlines and meet objectives under pressure
• English language skills - excellent written and verbal communication
• IT skills  

What working at EY offers:

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:

• Support and coaching from some of the most engaging colleagues around.
• Opportunities to develop new skills and progress your career.
• The freedom and flexibility to handle your role in a way that’s right for you.

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.

About EY:

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. With a commitment to hiring and developing the most passionate and capable people.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Make your mark.

Apply now.

Permanent Role, Belfast or Newcastle.