At a Glance
- Tasks: Join the Financial Crime Team to tackle fraud and sanctions in a dynamic environment.
- Company: EY, a global leader in professional services with a commitment to building a better working world.
- Benefits: Competitive salary, flexible working arrangements, and opportunities for personal and professional growth.
- Other info: Enjoy a culture that values inclusivity and offers excellent career progression opportunities.
- Why this job: Make a real impact in financial crime management while developing your skills in a supportive team.
- Qualifications: 1-2 years in financial crime, knowledge of relevant regulations, and strong communication skills.
The predicted salary is between 30000 - 40000 € per year.
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.
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 the 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, you must have
- 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
What we look for
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:
- We offer a competitive remuneration package.
- 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.
If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible. Make your mark. Apply now.
Financial Crime Associate - Risk Management - Newcastle - 12 Month FTC employer: EY
At EY, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As a Financial Crime Associate in Newcastle, you will benefit from comprehensive support and coaching from experienced colleagues, alongside opportunities for professional development and career progression. Our commitment to flexible working arrangements ensures you can balance your personal priorities while contributing to our mission of building a better working world.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Associate - Risk Management - Newcastle - 12 Month FTC
✨Tip Number 1
Network like a pro! Reach out to current or former employees at EY through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching EY’s values and recent projects. We want to see that you’re genuinely interested in the company and how you can contribute to building a better working world.
✨Tip Number 3
Practice your responses to common interview questions, especially around financial crime and risk management. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows that you’re keen on the role. Plus, it keeps you on their radar!
We think you need these skills to ace Financial Crime Associate - Risk Management - Newcastle - 12 Month FTC
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Crime Associate role. Highlight your relevant experience in financial crime and risk management, and don’t forget to showcase your skills in data analysis and communication.
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 EY. Keep it concise but impactful!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that show how you've successfully managed fraud risks or worked with compliance regulations. This will help us see your potential.
Apply Through Our Website:We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at EY
✨Know Your Financial Crime Basics
Before heading into the interview, brush up on your knowledge of financial crime regulations, especially those relevant to the UK. Understanding money laundering, bribery, and sanctions will show that you're serious about the role and ready to contribute from day one.
✨Showcase Your Analytical Skills
Since the role involves data management and analysis, be prepared to discuss your experience with tools like Excel and PowerPoint. Bring examples of how you've used these skills in past roles to manage or analyse data sets effectively.
✨Communicate Clearly and Confidently
Effective communication is key in this role. Practice articulating your thoughts clearly and confidently, especially when discussing complex risk matters. Think of scenarios where you successfully influenced stakeholders or collaborated with teams.
✨Demonstrate Your Proactive Attitude
EY values self-motivated individuals. Be ready to share instances where you've taken the initiative to improve processes or address challenges in your previous roles. This will highlight your commitment to continuous improvement and your fit for the team.
