Fincrime Associate

Analyst, Risk ManagementAt EY, were all in to shape your future with confidence. Well help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world. This is a role that requires incumbent to own & execute global processes related to client due diligence. The opportunityThis prospect will enable the professional to help the firm and its client serving professionals in making right decisions with respect to client & engagement acceptance, in sync with EY internal compliance policies and regulatory framework. This role will assist in evaluating the risks associated with each client & engagement and suggest ways to mitigate them. Your key responsibilitiesPerform 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 StructuresLiaise with the engagement teams on the collection of KYC documentation.Initiating of Sanction screening assessment folders on behalf of engagement teamsDetailed 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 re . .