EY RMS FinCrime Associate 

India, Karnataka, Bengaluru 

425030308

Analyst, Risk Management

This is a role that requires incumbent to own & execute global processes related to client due diligence.

Technical Expertise:

• Perform risk-based client due diligence on actual and potential clients of the Firm in accordance with EY policy and procedure and ensure EY satisfies the AML (Anti Money Laundering) regulatory requirements, which involves identifying management/ directors/ shareholders, amongst other procedures.
• Assess the risk level and perform the KYC (Know Your Customer) requirements to be met depending on the type of client and the transactions.
• Adverse media screening, screening PEP, Assessing Ultimate Beneficial Owner Complex Structures
• Liaise with the engagement teams on the collection of KYC documentation.
• Initiating of Sanction screening assessment folders on behalf of engagement teams
• Detailed Risk Assessment regarding Anti-Bribery Corruption.
• Initiating of AML assessment folders on behalf of engagement teams.
• Ensure completion and timely closure of cases through AML systems.
• Follow up with internal stakeholders (business/ risk management) until diligences are fully met.
• Report progress/ status of the AML completion process in the internal tool.
• Escalate issues to engagement teams and/or KYC Quality Reviewer and propose solutions/ alternatives.
• Understands key requirements of firm and regulators’ risk management rules and policies
• Uses analytical and project management methodology and tools
• Completes all assigned projects/tasks in line with the standard operating procedures
• Ensures completeness, accuracy and appropriateness of all tasks assigned
• Facilitates and drives the process to completion by timely following up on requests from Onshore
• Plans and organizes own work and keeps the project managers/key stakeholders informed of status and activities
• Performs a self-review of the results prior to submitting to the project managers
• Flags issues/potential challenges to the project managers at an appropriate time so that timely action can be initiated
• Understands key requirements of firm and regulators’ RM rules and guidance.

Skills and attributes for success

• Exceptional and proven customer service skills, including responsiveness and commitment to quality
• Highest standard of ethics, integrity, and values.
• Highly motivated with ability to perform well even when under pressure
• Role may require working post shift hours
• Plans and organizes own work and keeps others informed of status and activities.
• Ability to work well in a team and foster teamwork among others
• Ability to work with a global environment, rotational shift window as per geography support
• Good analytical skills with a logical mind-set
• Excellent written and spoken English communication skills

To qualify for the role, you must have

• B. Com, BBA, MBA, PGDBA, M.com from a reputed college with good academics.
• 0-3 year’s work experience (preferably in a research background/AML KYC/Sanction Screening).
• Candidates with exposure to handling international customers/client interaction would be preferred.
• Well-developed analytical, interpersonal, and communication (both verbal and written) skills in English
• Intermediate level of knowledge in MS Office
• Experience in one or more of the following subject areas will be an added advantage: anti-money laundering (AML), transaction monitoring, know-your-customer (KYC) and customer due diligence (CDD), sanctions and compliance checking.
• An awareness of recent global events linked to financial crime and sanctions.
• ICA/ACAMS or AML Certification is preferred but not a must.

Ideally, you’ll also have

• Presentation skills, including public speaking and presentation creation using PowerPoint or a similar program
• Critical thinking skills with the ability to independently solve problems with data

Technologies and Tools

• Experience in MS office suites like Microsoft 365, MS excel, PowerPoint.

What you can look for

• A Team of people with commercial acumen, technical experience, and enthusiasm to learn new things in this fast-moving environment
• A team which has its foundation in the core values of trust, respect, and teaming. The team which focuses on supporting its colleagues to excel in their respective domains and provides avenues to help acquire and demonstrate new skills.
• Opportunities to work with Global Executive risk management teams on strengthening and monitoring compliance framework

What we offer

EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland and the UK – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. We’ll introduce you to an ever-expanding ecosystem of people, learning, skills and insights that will stay with you throughout your career.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.