At a Glance
- Tasks: Join the Financial Crime Team to enhance fraud controls and manage financial crime risks.
- Company: Ernst & Young LLP, a leading professional services firm with a strong brand.
- Benefits: Supportive environment, flexible working, and opportunities for career progression.
- Other info: Dynamic team culture with coaching from experienced colleagues.
- Why this job: Make a real impact in financial crime management while developing your skills.
- Qualifications: 1-2 years in financial crime and knowledge of relevant UK regulations.
The predicted salary is between 30000 - 40000 € per year.
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.
This is a fantastic opportunity 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. This includes assisting a programme of enhancement to the existing controls to prevent, detect and mitigate fraud risk along with aiding in implementing EY’s sanctions policy in a second line of defence team.
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
Skills and attributes for success:
- Understanding of the requirements of a 2nd line role regarding effective fraud risk and sanctions management
- 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
To qualify for the role:
- 1-2 years’ experience in financial crime
- Knowledge of law and practice around financial crime
- A good level of Microsoft skills including Excel and Power Point
- 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
We are looking for a highly self-motivated Associate with an understanding of financial crime management including relevant legislation and the ability to manage multiple tasks.
What working at EY offers:
- 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
Financial Crime Associate - Risk Management - Newcastle - 12 Month FTC in Belfast employer: EY UK
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 supportive environment where you can develop your skills in financial crime management while enjoying the flexibility to balance your professional and personal life. With ample opportunities for career progression and mentorship from experienced colleagues, joining our Financial Crime Team means becoming part of a forward-thinking organisation committed to your growth and success.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Associate - Risk Management - Newcastle - 12 Month FTC in Belfast
✨Tip Number 1
Network like a pro! Reach out to people in the financial crime and risk management sectors. Use LinkedIn to connect with current employees at EY or similar firms. A friendly chat can sometimes lead to job opportunities that aren’t even advertised!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK regulations related to financial crime. Be ready to discuss how you can contribute to EY’s risk strategy. Show them you’re not just a candidate, but a potential asset to their team!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll have access to all the latest job openings and updates directly from us at StudySmarter.
We think you need these skills to ace Financial Crime Associate - Risk Management - Newcastle - 12 Month FTC in Belfast
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Crime Associate role. Highlight your experience in financial crime and risk management, and don’t forget to mention any relevant skills or projects that align with what we’re looking for.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about financial crime management and how your background makes you a great fit for our team. Keep it concise but impactful!
Showcase Your Skills:We want to see your skills in action! If you have experience with data analysis or compliance, make sure to include specific examples. This will help us understand how you can contribute to our Financial Crime Team.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the details you need about the role and our company culture there.
How to prepare for a job interview at EY UK
✨Know Your Financial Crime Basics
Make sure you brush up on your knowledge of financial crime, including money laundering, bribery, and sanctions. Understanding the relevant UK regulations will not only help you answer questions confidently but also show your genuine interest in the role.
✨Showcase Your Analytical Skills
Since the role involves developing analytics and collating fraud events, be prepared to discuss your experience with data management and analysis. Bring examples of how you've used tools like Excel to manage data sets effectively.
✨Communicate Like a Pro
Effective communication is key in this role. Practice articulating complex risk matters clearly and concisely. Think about how you can demonstrate your influencing skills and ability to build relationships during the interview.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities in financial crime situations. Prepare by thinking through potential challenges you might face in the role and how you would address them, showcasing your proactive approach.
