Financial Crime Risk Analyst - Risk Management

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

Join EY and help to build a better working world.

Financial Crime Risk Analyst – Risk Management – Newcastle – Permanent

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. As a result, EY is establishing a new sub team to perform periodic review and ongoing monitoring of clients. The role will sit within the central Client Due Diligence (CDD) team which supports financial crime compliance with respect to client acceptance procedures.

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.

The main purpose of the role is to ensure the firm’s compliance with applicable legislation by performing compliance related processes and providing support to staff in connection with periodic reviews and financial crime due diligence checks. The successful candidate will appropriately assess risks and determine if a referral to the 2nd line Financial Crime Team is required, or if appropriate, liaise with client engagement teams to source additional documentation will demonstrate consideration of compliance, the firm’s reputation, and safeguarding EY against any associated risks.

You will, as an Analyst, be a key part of a Periodic Review Team, performing client due diligence on existing clients of EY covering money laundering, terrorism, and sanctions compliance. The work involves all first line financial crime client acceptance and continuance procedures for the UK business.

Responsibilities include:

Responsibilities include:

• Perform risk-based client due diligence on existing clients of the Firm in accordance with EY policy and procedure.
• Navigate public databases and internal systems to identify & verify due diligence information.
• Conduct adverse screening checks on clients and undertake follow-up research as required.
• Manage personal workloads to ensure queues of work are dealt with in a timely manner.
• Encourage client facing staff to engage with the Central CDD Team
• Other tasks, as directed by the Central CDD Team Manager

• 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.
• Ability to make risk-based decisions whilst adhering to Regulations.
• Is comfortable with change, ambiguity, debate and managing multiple stakeholders.
• Ability to solve problems creatively and effectively.
• Enthusiastic, positive, and resilient.
• Ability…