Deputy Head of Financial Crime (Director) – Risk Management – London (London, GB, E14 5EY)

EY

Deputy Head of Financial Crime: Director Role

The application of risk management procedures is fundamental to the successful delivery of professional services to our clients and promotion of our brand.  Risk management encompasses the technical support and processes which support delivery of quality services, contain the threat of litigation, limit damage to our reputation and achieve full fee recovery.

The Risk Management team is responsible for supporting EY UK in the execution of and compliance with Global, Regional and local risk management policies and procedures. The team assists with the development, maintenance, communication and training of key policies, provides advice on complex risk matters and monitors the application of these policies. 

 

The opportunity

The UK&I Financial Crime Team enables EY UK to manage risks relating to money laundering, bribery and corruption, tax evasion, economic sanctions and fraud. There is an opportunity for a new Director role.  You will lead the Financial Crime Team and be responsible for the co-design and implementation of the annual strategy.  You will assist and deputise for the MLRO, ensuring compliance with UK financial crime policies and processes, provide advisory support to EY member firms in Ireland, Jersey, Guernsey, Isle of Man and Gibraltar, liaise with EY Global and other member firms. You will also support the MLRO representing the UK firm on the ICAEW’s Anti Money Laundering committee, as point of contact with regulators and in responding to regulator queries and hosting regulatory inspection visits.  This role reports into the Head of Financial Crime who is also the UK Money Laundering Reporting Officer.

 

Your key responsibilities

You will lead the Financial Crime Team, currently seventeen staff onshore, covering the risks arising from money laundering, sanctions, tax evasion, fraud and bribery and corruption.

You will ensure business as usual processes operate effectively and that projects undertaken are managed efficiently and concluded in the agreed time. Work will include:

  • Co-design of the annual strategy with the Head of Financial Crime including proactive identification of issues requiring improvement
  • Leadership of the implementation of the annual strategy across all sub-teams
  • Oversight and leadership of:
    • Monitoring and reporting
    • Execution of the control framework
    • Regulatory inspections
    • Internal audit inspections
  • Provision of technical advice across all financial crime topics, and acting as the Deputy Money Laundering Reporting Officer for the firm
  • Leadership of the financial crime due diligence relating to acquisitions and resolution of any improvement plans arising
  • Development and oversight of the financial crime training strategy and course development
  • Leadership of the technology and automation strategy for financial crime
  • Leadership of any special projects
  • Monitor annual reviews of financial crime policies

 

Skills and attributes for success

A director role within Central Business Services (CBS) is a senior leadership role requiring:

  • Specialised financial crime technical compliance experience at Director or similar senior level in a sophisticated, multi-service line business environment.
  • Ability to act as a trusted advisor to partners and leadership and an expert in financial crime both internally and externally
  • Ability to provide strategic direction to the firm and regularly engage and influence leadership
  • Ability to influence revenue protection, risk avoidance and regularly engage and influence leadership
  • Team leadership experience
  • Advanced analytical and problem solving
  • Proven ability to proactively devise and implement appropriate system and process improvements
  • Strong personal communication skills, capable of dealing with a wide range of staff
  • Strong written communication skills – ability to create high quality documents with little rework  
  • Proven programme management skills – ability to successfully lead a number of projects at the same time
  • Ability to take difficult decisions and provide substantiated arguments
  • Ability to remain calm under pressure

 

To qualify for the role, you must have

  • At least 10 years’ experience of financial crime control management
  • Proven ability to establish a high degree of credibility, respect and trust at all levels, but particularly with external stakeholders and regulators
  • Effective planning and organising skills to prioritise key areas of responsibility, tasks and projects

 

Ideally, you’ll also have

  • Degree-level education and subsequent professional qualification, such as a qualified accountant, lawyer, or other regulatory compliance qualification would be an asset

 

What we look for

We are looking for a seasoned financial crime professional with experience working in a large, matrixed environment at a senior level.

 

What we offer

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:

  • 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.

 

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.

 

Apply now.

 

About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

Please note

Prior to finalizing your application, you will be asked to provide personal information across several dimensions of diversity and inclusiveness. The information you provide is kept entirely confidential and will not be used to evaluate your candidacy. We collect this data to help us analyse our recruitment process holistically and implement actions that promote diversity and inclusiveness. While optional, we encourage you to provide this information to hold us accountable towards our goal of building a better working world. We ask because it matters!

Job Overview
  • Region
  • Industry

  • Receive job alerts:
    Your subscription could not be saved. Please try again.
    Your subscription has been successful.

    By subscribing below, you acknowledge that your email address will be transferred to Sendinblue for processing in accordance with their terms of use

Receive job alerts:

Your subscription could not be saved. Please try again.
Your subscription has been successful.

We use Sendinblue as our marketing platform. By Clicking below to submit this form, you acknowledge that the information you provided will be transferred to Sendinblue for processing in accordance with their terms of use