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RMS FinCrime Associate

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EY

8d ago

  • Job
    Full-time
    Entry & Junior Level
  • Banking & Finance

AI generated summary

  • You should be a graduate (B. Com/BBA preferred) with AML knowledge, strong English skills, attention to detail, and MS Office expertise. Freshers and relevant certifications are welcome. Hybrid role.
  • You will conduct client due diligence, perform research, manage KYC documentation, address AML concerns, ensure timely case closures, identify risks, and strengthen FinCrime controls.

Requirements

  • Freshers can be considered for this role
  • Sound knowledge of Financial Institution terminology and AML/Sanction framework
  • Good written and spoken English communication skills
  • Ability to establish and maintain a high degree of confidentiality & Integrity
  • Attention to details is a must
  • Decision Making Skills, Team Player
  • Graduate in any stream (preferred B. Com, BBA)
  • Expertise in MS office tools – Excel, Power point, Word
  • Any other qualification with relevant knowledge and experience
  • Overall Experience (0 -1 Year), Relevant Financial Crime experience preferred with Professional Service Firm, Global Banks and Financial Institutions managing end to end FinCrime AML/Sanction operations including ECDD/CDD process
  • An awareness of recent global events linked to financial crime and sanctions
  • Any relevant AML certification will be a added advantage
  • This is a hybrid role

Responsibilities

  • As an Associate in the Financial Crime team, you will be required to 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.
  • Perform extensive Internal & External research and investigation to perform Customer Due Diligence & Sanction Screening
  • Liaise with the engagement teams on the collection of KYC documentation (Via email)
  • 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
  • Ensure completion and timely closure of cases through AML systems
  • Identifying risks areas in different processes, functions of operations
  • 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 qualifications are required for the RMS FinCrime Associate position?

A graduate degree in any stream is preferred, particularly in B. Com or BBA. Freshers can be considered for this role.

Is experience in financial crime necessary for this role?

Overall experience of 0-1 year is required, with relevant financial crime experience preferred in professional service firms, global banks, or financial institutions.

What skills are essential for the RMS FinCrime Associate role?

Essential skills include good written and spoken English communication, analytical thinking, attention to detail, decision-making skills, and teamwork ability. Familiarity with financial institution terminology and AML/Sanction frameworks is also beneficial.

Are there any certifications that would enhance my application?

Yes, any relevant AML certification would be considered an added advantage.

What are the main responsibilities of the RMS FinCrime Associate?

Main responsibilities include performing risk-based client due diligence, conducting internal and external research for customer due diligence and sanction screening, liaising with engagement teams for KYC documentation, and ensuring timely closure of cases through AML systems.

How does EY support career development for this position?

EY offers continuous learning opportunities, transformative leadership coaching, and a diverse and inclusive culture to support career development.

Will I be working individually or as part of a team?

You will be part of a high-performing FinCrime operations team, collaborating with various functions, locations, and business units.

Is knowledge of recent global events linked to financial crime required?

Yes, an awareness of recent global events related to financial crime and sanctions is beneficial for the role.

What tools or software should I be proficient in for this position?

Proficiency in MS Office tools such as Excel, PowerPoint, and Word is required.

What does EY mean by a diverse and inclusive culture?

EY's diverse and inclusive culture means that individuals will be embraced for who they are and empowered to use their voice to help others find theirs.

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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