Financial Crime Risk Management - Senior Analyst - Newcastle

Financial Crime Risk Management – Senior Analyst – Permanent– Newcastle

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

At Ernst Young (EY), Risk Managers (RMs) promote and support risk management within the business.  RMs aim is to uphold our business standards, maintain and enhance the value of the firm, and ensure that EY UK, its Partners and staff comply with regulations imposed either by external regulators or by Ernst & Young Global in relation to the conduct of our business.

Financial crime risks relating to anti-money laundering (AML), terrorist financing, anti-bribery controls, sanctions compliance and fraud are a high focus for regulated businesses and external scrutiny as regulation and practice continues to evolve. The role will sit within the central Client Due Diligence (CDD) team which supports financial crime compliance with respect to client acceptance procedures.

The opportunity

The Central CDD team supports EY Partners and staff in the execution of, and compliance with, Global, Regional and local risk management policies and procedures, including financial crime, data protection and the development, maintenance, communication and training of key RM policies, providing advice on complex risk matters and monitoring the application of these policies. 

There is an opening in the team for a new Senior CDD Analyst.  The main purpose of the role is to work with the internal service line to ensure the firm’s compliance with applicable legislation by performing CDD related processes and providing support to engagement teams.  The successful candidate will appropriately assess risks and provide real-time support to engagement teams on navigating CDD requirements through the employment of pragmatic advice. 

Key Responsibilities

You will, as a Senior CDD Analyst, be a key part of a Central CDD team providing CDD Analysts with support, act as a primary point of escalation for client-servers, perform risk decisioning on clients the service line covering money laundering, terrorism, and sanctions compliance.  

Responsibilities include:

• Perform risk based financial crime due diligence on clients of the firm in accordance with EY policy and procedure
• Act as a dedicated point of contact for the internal service lines, providing pragmatic and compliant advice to client facing teams in the navigation of CDD requirements.
• Be on hand to assist with complex case queries using your knowledge to coach team members in handling complex case structures.
• Assist EDD as point person and quality reviewer of BAU handovers, ensuring that handovers are consistent, comprehensive, high-risk factors are adequately identified and potential push-backs are fully documented.
• Encourage client facing staff to engage and work collaboratively with the Central CDD Team.
• Assist and coach junior Central CDD Team members in performing their roles and provide support to the team in the application of the risk-based approach where required
• Perform Route to Competency reviews for CDD Analysts in accordance to established EY policy and processes 
• Suggest improvements in the review and maintenance of client onboarding procedures, assess engagement risk and update and amend as necessary

Skills and attributes for success

• Strong communication skills capable of dealing with wide range of staff, including Partners
• Ability to establish and maintain a high degree of confidentiality and credibility at all levels
• Strong team player and proven ability to work with others.
• Is comfortable with change, ambiguity, debate and managing multiple stakeholders.
• Ability to solve problems creatively and effectively.
• Strong leadership skills and proven ability to drive performance in others.
• Enthusiastic, positive, and resilient.
• Ability to work well under pressure and to tight deadlines in a fast-paced demanding environment
• Maintains high levels of accuracy and attention to detail

To qualify for the role you must have

• A minimum of 12 months experience working in CDD/ KYC within a sophisticated and fast-paced business environment.
• A high degree of competency in verifying different client types using publicly available resources and subscription services 
• Experience of enhanced due diligence/high risk cases
• Education to degree standard and/ or a professional qualification (e.g. ICA, ACAMS will be an advantage
• Strong analytical skills and strong risk awareness
• Ideally, a relevant Financial Crime, AML qualification 

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 FlexEY 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. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.

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

Join us in building a better working world.   

Apply now.