Associate- Financial Crime, Fraud, Risk Management, Newcastle

Ernst & Young; North East; On-site; GBP 25,000 - 35,000; Full time

Job summary

A global professional services firm in North East England is seeking a Financial Crime Associate to join their team. This role involves developing analytics related to fraud, supporting the testing of controls, and effective communication with business stakeholders. The preferred candidate should possess 1-2 years of experience in financial crime and a strong understanding of UK regulations.

Benefits

Competitive remuneration package

Support and coaching from engaging colleagues

Opportunities for career development

Qualifications

• 1-2 years' experience in financial crime.
• Ability to prioritise multiple tasks.
• Ability to work to pre-determined deadlines.

Responsibilities

• Assist in the development of analytics for financial crime.
• Support testing of controls to mitigate fraud risks.
• Communicate effectively with stakeholders.

Skills

Knowledge of relevant UK regulations

Proactive interest in financial crime

Communication skills

Analytical skills

Microsoft Excel skills

Job description

Overview

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 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 is 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.

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

Qualifications and requirements

• 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
• 1-2 years' experience in financial crime
• Knowledge of law and practice around financial crime
• A good level of Microsoft skills including Excel and PowerPoint
• 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
• A highly self-motivated Associate with an understanding of financial crime management including relevant legislation and the ability to manage multiple tasks

About EY

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

Benefits

• We offer a competitive remuneration package. Plus, we offer: 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

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.