Financial Crime (CDD) Risk Analyst - Newcastle at EY

Newcastle upon Tyne, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

31 May, 26

Salary

0.0

Posted On

02 Mar, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Communication skills, Confidentiality, Credibility, Team player, Problem solving, Enthusiasm, Resilience, Attention to detail, Client Due Diligence, Anti Money Laundering, Financial Crime, Risk Management

Industry

Professional Services

Description

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. Financial Crime (CDD) Risk Analyst - Permanent - Newcastle (Hybrid working) Rank: Level 1Hybrid Working 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 Ernst & Young (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 either by external regulators or by Ernst & Young 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 continues to evolve. As a result, EY 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 the execution of and compliance with Global, Regional and local risk management policies and procedures, including financial crime, data protection and the development, maintenance, communication and training of key RM policies, providing advice on complex risk matters and monitoring the application of these policies. There is an opening in the team for a new 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 providing support to staff in the Service Lines in connection with CDD checks. Please note: this opportunity is hybrid, requiring some time in the Newcastle office. Successful candidates will be required to have a manageable commute into work. Your key responsibilities You will, as a CDD Analyst, be a key part of a Central CDD team of 30+ members, performing client due diligence on potential and actual clients of EY covering money laundering, terrorism and sanctions compliance. The work involves all first line financial crime client acceptance and continuance procedures for the UK and Ireland business. Responsibilities include: 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 & 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 You will have: good communication skills capable of dealing with wide range of stakeholders, including Partners The ability to establish and maintain a high degree of confidentiality and credibility at all levels Be a strong team player and proven ability to work with others The ability to solve problems creatively and effectively Be enthusiastic, positive and resilient Have the ability to work well under pressure and to tight deadlines in a demanding environment Be able to maintain 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/Financial Crime An awareness of recent global events linked to financial crime and sanctions Previous experience within a regulatory or professional services environment would be an advantage Education to degree standard will be an advantage What working at EY offers We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer: Support and coaching from some of the most engaging colleagues around 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 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 (which Central CDD is not) 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 and consulting we use finance products, expertise and systems 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. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2024 a reality. Join us in building a better working world. Apply now. EY | Building a better working world EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. 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.

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Responsibilities

The main purpose of the role is to ensure the firm’s compliance with applicable legislation by performing first line compliance processes and providing support to staff in the Service Lines in connection with Customer Due Diligence (CDD) checks. Responsibilities include performing risk-based client due diligence on actual and potential clients covering money laundering, terrorism, and sanctions compliance.