KYC & Financial Crime Prevention, Senior Executive

About Crowe

Crowe is a leading national audit, tax, advisory and consulting firm with global reach and local expertise. We are an independent member of Crowe Global, one of the top 10 accounting networks in the world, with access to more than 40,000 people in over 140+ countries and across more than 800+ offices globally. Our vision is to be recognised as essential to the future success of our clients by helping them to answer tomorrow’s questions and make smart decisions that have lasting value through the highest quality audit, tax, advisory and consulting services. Crowe is where talented people can realise their potential, are successful and enjoy what they do by making a positive difference to our clients, communities and each other. At Crowe, our aim is to create a community where regardless of gender, identity, sexuality, race, ethnicity, education or background, everyone is valued, can flourish and achieve their full potential.

Job Purpose

The Senior Executive, Practice Protection: FCP team member will primarily be responsible for undertaking the KYC, KYB and CDD checks on new client take-ons, KYC refreshes and periodic KYC reviews in line with business regulatory requirements. The Senior Executive will also help support the head of Financial Crime Prevention to identify areas of weakness in current procedures and make recommendations for improvements. In addition to the above, the Senior Executive will also provide guidance to wider teams and respond to KYC related queries in a timely manner and support the other members of the FCP team to deliver AML / KYC face to face training to the London and regional teams as knowledge gaps are identified. The FCP team sits within the Firm’s Practice Protection Group, delivering support across Quality, Risk, Ethics, and Assurance in addition to Financial Crime prevention. As part of this role, you will work with members of the wider team to address issues of importance for the whole organisation.

Key Responsibilities

• KYC / KYB / CDD: The role will require you to work alongside the FCP team in a second line function to review, refresh and complete CDD/ KYC/KYB assessments for new and existing clients.
• Conducting sanctions, PEP, and adverse media screening in accordance with the Firm’s procedures and escalating matters as appropriate.
• Assess documentary evidence provided by engagement teams, ownership structures, and identify Ultimate Beneficial Ownership information in line with KYC/KYB requirements.
• Manage your caseload, taking ownership and liaising with relevant business areas to ensure KYC is completed in a timely manner.
• Liaising with business owners and management to clarify, investigate, escalate, and resolve issues as they arise.
• Undertake enhanced diligence on clients assessed as high risk such as PEPs.
• Documenting outcomes of the appropriate level of due diligence performed.
• Ensure best practice is followed and contribute to a compliant culture of continuous improvement.
• Provide support on additional KYC/KYB projects as and when needed.
• Have experience of writing policies and procedures as part of the financial crime prevention control framework.

Essential skills:

• Strong analytical skills and attention to detail.
• Strong problem-solving skills with a proactive approach to identifying issues and providing solutions.
• Excellent written and verbal communication skills.
• Ability to work effectively as part of a team and build strong working relationships.
• Ability to manage multiple tasks and priorities simultaneously and meet deadlines.
• A good understanding of relevant AML / KYC regulatory requirements.
• Able to multitask and meet deadlines.
• Ability to adapt to change.

Mandatory requirements:

• Previous KYC / KYB experience of 2-3 years, preferably in a similar firm or law firm.

Desirable skills and qualifications:

• A good generic understanding of the business activities of a professional services firm.
• A professional AML / KYC qualification such as ICA is desirable.

Working Conditions

This is a full-time position, working Monday to Friday. The position would be based in London. Crowe UK has an agile working policy allowing for some work from home on a weekly basis.

Why choose Crowe?

At Crowe we understand that it is often the culture and values of a firm that are most important when looking for a new workplace. Whether you’re working in statutory audit, corporate tax or you’re a marketing or HR specialist, we place our people at the centre of everything that we do; promoting a collaborative, inclusive and friendly culture while remaining passionate about supporting and developing our people as they build their careers. We listen to our people and adapt to their changing needs alongside the needs of our growing business. We invest in our people to help them be the best they can be. We value new ideas and innovation, and welcome people who are committed to making a difference by delivering excellent services to our people, clients and communities. At Crowe, you will find the specialist knowledge, the resources and the commitment to help you build a satisfying and rewarding career, with continued learning and development, highly competitive salaries and flexible benefits. We want to create the best environment for our people to grow and thrive and recognise the importance of offering a flexible approach to our working environment, which we would be happy to discuss with you further. Crowe is committed to equal opportunity and diversity in recruitment and employment. We value the differences that a diverse workforce brings to our organisation, driving effectiveness in our teams and providing our clients with a quality service. Entry and progression within the firm is determined solely by the application of objective criteria, personal performance and merit which is supported by a clearly defined career pathway.