Risk Management - Financial Crime Associate (Fraud)
A fundamental aspect of delivering client services and promoting our brand within the professional services environment is effective risk management.
Job Description
The Risk Management team provides technical support and processes to deliver service quality, contain litigation threats, protect our reputation, and achieve full fee recovery.
We assist in developing, maintaining, communicating, and training key Risk Management policies, provide advice on complex risk matters, and monitor policy application.
Financial crime risks related to fraud are a high priority for regulated businesses and external scrutiny as regulations and practices evolve.
Opportunity
The Financial Crime Team supports the coordination and oversight of financial crime controls to minimize and mitigate internal fraud risk within the UK firm.
This is underpinned by the Firm's Anti-Fraud Policy and Fraud Response Plan, enabling investigations into relevant events.
Challenge
Assist in ongoing maintenance of internal procedures, apply preventative and detective fraud controls, and recommend enhancements to improve fraud risk management within the UK.
Your Key Responsibilities
* Assist in maintaining policies and procedures related to Anti-Fraud
* Develop analytics and collate fraud events detected or reported against the Firm
* Develop and report effective KRI, KPI, and MI to measure control effectiveness
* Test 1st line controls to assure their effectiveness in mitigating fraud risks
* Communicate effectively with business stakeholders
* Maintain records and develop targeted training for EY personnel
Skills and Attributes for Success
* Understanding of 2nd line role requirements for effective fraud risk management
* Base knowledge of the Fraud Act 2006 and applicable sections
* Knowledge of the Economic Crime and Corporate Transparency Act 2023 and associated Failure to Prevent Fraud Offence
* Good personal communication and influencing skills
* Ability to prioritize multiple tasks
Qualifications
* 1-2 years' experience in fraud management or financial crime in a financial organization
* Knowledge of law and practice around fraud and other financial crime
* Good level of Microsoft skills, including Excel and PowerPoint
* Ability to manage and analyze large data sets
* Establish credibility, respect, and trust at all levels
About Us
We offer a competitive remuneration package, support, and coaching from engaging colleagues, and flexibility to handle your role in a way that's right for you.
Our flexible working arrangements enable you to build your career without sacrificing your personal priorities.
EY is committed to being an inclusive employer and strives to achieve the right balance for our people.