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RMS-FinCrime-Supervising Associate

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EY

28d ago

  • Job
    Full-time
    Senior Level

AI generated summary

  • You should have 6-8 years in FinCrime with banks, team management experience, people leadership skills, CAMS preferred, strong communication, analytical abilities, and relevant education.
  • You will perform client due diligence, conduct quality checks, manage internal relationships, mentor team members, ensure process compliance, report metrics, and adapt to AML regulations.

Requirements

  • You must have overall professional experience of (6 - 8 Year)
  • You must have relevant Financial Crime experience with Professional Service Firm, Global Banks and Financial Institutions managing end to end FinCrime AML/Sanction operations including KYC/ECDD/CDD/Transaction Monitoring process
  • You must have worked in the capacity of a team manager over the past 2 years supporting 10+ member direct team
  • People Leadership Skills, Empathetic Leader, Out of Box Thinker, Courageous
  • CAMS certification preferred
  • Sound knowledge of Financial Institution terminology and AML/Sanction framework (Adverse Media, PEP/CTF, KYC)
  • Excellent written and spoken English communication skills
  • Ability to establish and maintain a high degree of confidentiality & Integrity
  • Attention to details is a must
  • Analytical ability, Decision Making Skills, Team Player
  • Graduate/Master in any stream (preferred MBA-Finance, B. Com, BBA)
  • Expertise in MS office tools – Excel, Power point, Word
  • Any other qualification with relevant knowledge and experience
  • An awareness of recent global events linked to financial crime and sanctions
  • This is a hybrid role

Responsibilities

  • As a Supervising Associate_Team Manager Role in the Financial Crime team, you will be required to support and 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 regulatory requirements, which involves identifying management/ directors/ shareholders, amongst other procedures.
  • Help team to perform extensive Internal & External research and investigation to perform Customer Due Diligence & Sanction Screening
  • Conduct weekly random QC of your team to constantly improve quality outcomes
  • Liaise with the engagement teams and build relationship
  • Mitigate or call out true hits for AML adverse concerns and collaborate closely for further action
  • You will be responsible for service delivery which includes Internal stakeholder management, KPI and productivity
  • Build & Maintain Daily/Weekly/Monthly MIS reporting and run “Zero Surprise Operations”
  • Ensure process documentation and up to date and team has active BCP in place
  • Workforce Management, Capacity Planning and Shrinkage management is key to this role
  • Mentor & Coach team members, performance management
  • Conduct refresher training, perform surprise Fincrime audit, Identify GAPs in the process
  • Continuously help team with improvement ideas with sound knowledge of Lean Six Sigma and Automations
  • Collaborate with the functions, locations, and business units to strengthen FinCrime controls and framework by proactively escalating “HIGH Risk” cases to management team
  • Continuously learn ever changing AML regulatory guideline across the world and adapt work outcomes as per the change
  • Any other activity that fit in the job summary and purpose of the job

FAQs

What is the job title for this position?

The job title is RMS-FinCrime-Supervising Associate.

What are the primary responsibilities of the Supervising Associate?

The Supervising Associate is responsible for performing risk-based client due diligence, conducting research for customer due diligence and sanction screening, managing service delivery, building reports, mentoring team members, and ensuring compliance with AML regulations.

How many years of professional experience are required for this role?

A total of 6 to 8 years of professional experience is required, with a focus on Financial Crime.

Is a specific certification preferred for this position?

Yes, CAMS certification is preferred.

What educational background is preferred for candidates applying to this job?

A graduate or master's degree in any stream is preferred, with an emphasis on MBA-Finance, B.Com, or BBA.

What skills are essential for success in this role?

Essential skills include leadership abilities, excellent communication, analytical and decision-making skills, attention to detail, and proficiency in MS Office tools.

Will the Supervising Associate be involved in mentoring team members?

Yes, mentoring and coaching team members is a key responsibility of the Supervising Associate.

What type of operations will the candidate be involved in?

The candidate will be involved in FinCrime operations including Customer Due Diligence, Sanction Screening, Vendor Due Diligence, and Anti-Corruption & Bribery.

Is experience in a team manager capacity necessary?

Yes, candidates must have experience in a team manager capacity for at least the past two years, overseeing a team of 10 or more members.

What is meant by 'Zero Surprise Operations'?

'Zero Surprise Operations' refers to running operations in a transparent manner with no unexpected issues, maintained through daily and weekly reporting.

What type of work environment does EY promote?

EY promotes a diverse and inclusive culture that embraces individual differences and encourages employees to use their voice.

Where are the global operations teams located?

The global operations teams are located in Argentina, China, India, the Philippines, Poland, and the UK.

Does this position require continuous learning?

Yes, continuous learning is encouraged and supported in order to adapt to ever-changing AML regulatory guidelines.

What is the work schedule for this role?

This is a hybrid role, indicating a combination of in-office and remote work.

How does EY support personal and professional growth?

EY provides tools and flexibility for employees to make a meaningful impact and offers coaching and insights to develop leadership skills.

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EY

Accounting
Industry
1-10
Employees

Mission & Purpose

EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. Find out more about the EY global network http://ey.com/en_gl/legal-statement