Financial Crime Sub-Function Leader

Financial Crime Sub-Function Leader

The opportunity

We’re looking for building on the evolution of EY’s Global Financial Crime program and the Financial Crime Sub-Function Leader in GDS RMS will focus on enabling EY engagement teams in complying with our internal policies and procedures related to Anti Money Laundering (AML), Anti Bribery & Corruption (AB&C), Economic & Trade Sanctions. The candidate will be responsible for overseeing a growing central due diligence team (referred to as Cygnus) of ~100 FinCrime professionals operating out of India, Poland, and The Philippines, responsible for supporting EY business and engagement teams in timely and accurate completion of due diligence procedures applicable while onboarding a new client/engagement or a third-party non-client entity such as a supplier / vendor / sub-contractor. The candidate will also be required to work closely with Global FinCrime Leadership in achieving EY’s internal FinCrime compliance priorities, enhancing the Cygnus solution considering any policy / process changes and in wider adoption of Cygnus solution (centralized due diligence support) amongst EY member firms. The candidate will also be expected to contribute to process improvement initiatives including use of technology for enabling compliance across the business.

Lastly, as a member of the RMS Core Leadership Team, the individual will lead / contribute to wider RMS Functional Strategy and other central initiatives aimed at driving an inclusive culture within RMS, creating exceptional experience for our people and in driving operational excellence.

Your key responsibilities

As the Sub-Function Leader of GDS RMS Financial Crime team, you will be required to lead and grow a team and to provide strategic solutions related to regulatory compliance and Financial Crime Compliance (FCC) to our engagement teams across all service lines. You will also assist Global & Regional Risk Management leadership in maintaining effective and efficient controls for managing organizational, strategic, and regulatory risks.Asa core member of the Global FinCrime Executive Leadership team you will manage key stakeholder relationships with Global, Regions and Service Lines and will also provide input and feedback about the effectiveness of our processes. You will also work towards identifying and implementing prospective growth opportunities for Cygnus expansion across EY Regions.

• Responsible and accountable for driving quality and service delivery of RMS FinCrime Sub-Function including metrics such as productivity, turn around time and efficiency of the team.
• Be seen as a Financial Crime domain expert and use the knowledge to improve processes and drive tangible outcomes for engagement teams requesting for due diligence procedures.
• Work directly with engagement teams on various due diligence requests and provide them / GDS team with right advice and recommendations.
• As member of Global FinCrime Executive, participate in the creation, oversight and sign-off of overall policy and controls framework.
• Build an understanding of EY systems & solutions, share knowledge and be able to draw on subject matter expertise, leverage technology to continually learn, improve service delivery and maintain leading-edge best practices
• Develop and maintain strong relationships with key stakeholders within Global, Regional RM and Service Line leadership teams
• Responsible for ensuring that new or revised standards and regulatory changes are adopted in a timely manner and that a robust change management protocol is in place
• Drive people strategy (attract, hire & retain) for RMS FinCrime Sub-Function with an intent to create a high performing team and an outstanding work culture
• Identify and support learning and development needs of RMS FinCrime professionals
• Escalate issues and problems in a timely manner and be able to recommend and implement solutions to address the issues.
• Participate in business development activities at a country and regional level

Skills and attributes for success

The role requires a recognized Financial Crime qualification in either one or more of the following: Anti-Money laundering, Anti-Bribery & Corruption, Economic and Trade Sanctions. Of the three, Anti-Money Laundering is the dominant qualification requirement. Other Risk Management qualifications may be considered with experience working in Risk Management, Financial Crime or Compliance being preferable.

To qualify for the role, you must have

• 13+ years of overall service delivery experience Financial Crime experience with minimum 10 years in Financial Crime domain.
• Strong academic background with an MBA/Master’s degree or equivalentqualifications preferably in the Financial/Business domain.
• Sound knowledge of AML global regulations and standards such as the EU Money Laundering Directives and FATF Recommendations.
• Relevant professional qualifications, such as ACAMS, ICA Diploma in Anti Money Laundering, CFE or equivalent.
• A strong team player, comfortable working collaboratively, virtually and independently
• Excellent communication and networking skills – able to influence a broad range of internal and client facing professionals
• Ability to work in a high pace, agile environment
• Ability to work under pressure and to tight deadlines, managing multiple priorities effectively
• Ability to synthesize complex information into simple, high impact messages
• Experience of managing project teams, preferably across a portfolio of engagements.

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.

About EY

EY | Building a better working world

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.

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.

If you can demonstrate that you meet the criteria above, please contact us as soon as possible.

The exceptional EY experience. It’s yours to build.

For further information, and to apply, please visit our website via the “Apply” button below.