Risk Management – Financial Crime Associate – Full Time - Location – Newcastle – 12 Month FTC
Within the professional services environment, the application of effective risk management is fundamental to both successful delivery of client services and promotion of our brand. Risk management (RM) encompasses the technical support and processes which enable the delivery of service quality, contain the threat of litigation, limit damage to our reputation and achieve full fee recovery.
The RM team is responsible for supporting the Ernst & Young LLP in the execution of and compliance risk management policies and procedures. The team assists with the development, maintenance, communication, and training of key RM policies, providing advice on complex risk matters and monitoring the application of these policies.
The Financial Crime Team 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 Financial Crime Team and help fulfil its responsibility to execute EY’s risk strategy, policies and processes particularly in relation to fraud and sanctions. This includes assisting a programme of enhancement to the existing controls to prevent, detect and mitigate fraud risk along with aiding in implementing EY’s sanctions policy in a second line of defence team.
Your key responsibilities
* Assisting the development of analytics and the collation of fraud events detected or reported against the Firm
* Assisting testing to assure 1st line controls in place to mitigate fraud risks are effective and deliver continuous improvement
* Working alongside the sanctions function, aiding reviews, investigations, and conversations with the business
* Supporting the development and reporting of effective KRI, KPI and MI to measure control effectiveness
* Ability to communicate effectively with business stakeholders
* Assisting the preparation and maintenance of records
Skills and attributes for success
* Understanding of the requirements of a 2nd line role regarding effective fraud risk and sanctions management
* Base knowledge of relevant UK regulations relating to fraud, sanctions, and AML
* A genuine and proactive interest in becoming a subject matter expert in financial crime
* Ability to work to pre-determined deadlines and meet objectives
* Good personal communication and influencing skills
* Ability to prioritise multiple tasks
To qualify for the role
* 1-2 years’ experience in financial crime
* Knowledge of law and practice around financial crime
* A good level of Microsoft skills including Excel and Power Point
* Skills in managing and analysing data sets
* The ability to establish a high degree of credibility, respect, and trust at all levels
* Able to build and maintain relationships across the firm (jurisdictions and service lines)
* Effective planning and organising skills to prioritise key areas of responsibility, tasks and projects
We are looking for a highly self-motivated Associate with an understanding of financial crime management including relevant legislation and the ability to manage multiple tasks.
What working at EY offers
* Support and coaching from some of the most engaging colleagues around
* The freedom and flexibility to handle your role in a way that’s right for you
* Opportunities to develop new skills and progress your career
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