At a Glance
- Tasks: Conduct client due diligence and ensure compliance with financial crime regulations.
- Company: Join EY, a global leader in professional services with a focus on innovation.
- Benefits: Competitive salary, flexible working, career development, and wellness support.
- Other info: Hybrid role with opportunities for growth in a supportive team environment.
- Why this job: Make a real impact in combating financial crime while developing your skills.
- Qualifications: Basic understanding of financial crime and compliance; degree preferred.
The predicted salary is between 30000 - 40000 £ per year.
Location: Newcastle-Upon-Tyne
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 EY, Customer Due Diligence (CDD) Analysts promote and support risk management within the business. The aim of the CDD Team 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 by external regulators or EY 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 continue to evolve. EY has formed a centralised CDD team to support financial crime compliance with respect to client acceptance procedures.
The opportunity: The Central CDD team supports EY Partners and staff in executing and complying with Global, Regional and local risk management policies and procedures related to financial crime, data protection, and the development, maintenance, communication and training of key RM policies. The team provides advice on complex risk matters and monitors the application of these policies.
An opening exists for a CDD Analyst. The main purpose of the role is to ensure the firm’s compliance with applicable legislation by performing first line compliance processes and supporting staff in the Service Lines with CDD checks. This is a hybrid role requiring some time in the Newcastle office. Successful candidates must have a manageable commute.
Your key responsibilities:
- Perform risk-based client due diligence on actual and potential clients of the Firm in accordance with EY policies and procedures
- Navigate public databases and internal systems to identify and 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 Team Manager and Central CDD Team Senior Manager
Skills and attributes for success:
- Good communication skills capable of dealing with a wide range of stakeholders, including Partners
- The ability to establish and maintain a high degree of confidentiality and credibility at all levels
- Strong team player with proven ability to work with others
- Creative and effective problem solving skills
- Enthusiastic, positive and resilient attitude
- Ability to work well under pressure and meet tight deadlines in a demanding environment
- High levels of accuracy and attention to detail
To qualify for the role, you must have:
- A basic understanding of Client Due Diligence, Anti Money Laundering and Financial Crime
- An awareness of recent global events linked to financial crime and sanctions
- Previous experience within a regulatory or professional services environment is an advantage
- Education to degree standard is an advantage
What working at EY offers: We offer a competitive remuneration package that rewards individual and team performance. Our Total Rewards package includes support for flexible working and career development. With FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a range of discounts and promotions.
Support and coaching from engaging colleagues
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 considers flexible working arrangements to help achieve a lifestyle balance.
About EY: EY is a global leader in assurance, tax, transaction and advisory services. We use finance products, expertise and systems developed to build a better working world and to provide services in more than 150 countries and territories. We aim to be the best employer by 2024.
Financial Crime (CDD) Risk Analyst - Permanent - Newcastle - Hybrid working employer: Ernst & Young Advisory Services Sdn Bhd
At EY, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our Newcastle office provides a hybrid working model, allowing for flexibility while ensuring employees receive comprehensive support for their professional growth. With a strong focus on career development, competitive remuneration, and a commitment to inclusivity, EY is dedicated to creating a rewarding environment where every team member can thrive.
Contact Details:
Ernst & Young Advisory Services Sdn Bhd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime (CDD) Risk Analyst - Permanent - Newcastle - Hybrid working
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Ernst & Young Advisory Services Sdn Bhd looking for candidates who are engaged and informed.
We think you need these skills to ace Financial Crime (CDD) Risk Analyst - Permanent - Newcastle - Hybrid working
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Ernst & Young Advisory Services Sdn Bhd. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Ernst & Young Advisory Services Sdn Bhd
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Ernst & Young Advisory Services Sdn Bhd’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
