Financial Crimes Compliance - Manager - Consulting

$113,700 - $208,500/Yr

Ernst & Young - Boston, MA

Full-time - Mid Level

Boston, MA

Professional, Scientific, and Technical Services

About the position

This position at EY involves defining the evolution of financial crimes compliance, specifically focusing on anti-money laundering, sanctions compliance, and counter-terrorist financing for Wealth Management and Asset Management clients. The role requires collaboration with a diverse team of professionals to develop compliance programs and respond to regulatory changes, all while fostering an inclusive environment and mentoring junior colleagues.

Responsibilities

• Fostering an innovative and inclusive environment while counselling and mentoring junior colleagues.
• Driving high quality work products within expected timeframes and budget.
• Monitoring progress, managing risks, and ensuring key stakeholders are kept informed on progress and outcomes.
• Building and growing relationships with wealth and asset management clients and throughout the financial crimes compliance industry.
• Developing relationships across all EY practices to serve client needs.
• Analyzing key aspects of anti-money laundering, sanctions, and other financial crimes regulations.
• Collaborating across all three lines of defense to bring relevant compliance solutions to clients.

Requirements

• A bachelor's degree and around 5 years of work experience with financial crimes issues from industry or a regulator; or a graduate degree and 4 years of related experience.
• A degree in political science, economics, finance, accounting, business, or a related discipline.
• Functional understanding of broker-dealer and registered investment advisor compliance.
• Experience with investment management, fund management or other related competency.
• Analytical skills understanding money laundering trends, sanctions risk, and other financial crimes.
• Strong proven communication skills demonstrated through effective writing and presentations to clients and internal stakeholders.
• Effective leadership, project management, and teamwork skills.
• An understanding of financial products and services related to broker/dealers, wealth managers and asset managers.
• A willingness to travel up to 100% to meet client needs.

Nice-to-haves

• Experience related to the operations of asset managers, wealth managers and/or broker/dealers.
• Experience with transaction monitoring, Know Your Customer, or sanctions screening technology systems.
• Understanding of investor and client onboarding for wealth and investment management.
• Demonstrated experience managing business development opportunities initiatives.

Benefits

• Comprehensive compensation and benefits package based on performance.
• Medical and dental coverage.
• Pension and 401(k) plans.
• Wide range of paid time off options including flexible vacation policy.
• Time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence.