Advisory Financial Crime Compliance amp Regulatory Advisory - Grant Thornton

Grant Thorntons Regulatory Advisory financial crime team supply a range of services to regulatory authorities licensed financial institutions and other relevant organizations. Partnering with our colleagues in Business Risk Services Forensics Business Consulting among others our work falls broadly into the following areas: Regulatory Compliance Advisory AML/CFT Reviews Transactions Sanctions Compliance Governance Data Analytics among others.

Job Description Summary:

The Consultant/ Senior Consultant will assist the Regulatory Advisory and Financial Crime Managers and Senior Managers to deliver financial crime projects to financial services clients and other institutions across the UAE and the GCC region. They will also be encouraged to take a key role in the development of new business relationships and opportunities.

We are looking for candidates with a genuine interest in our clients and a passion to help them navigate financial crime challenges. You must have strong technical knowledge of financial crime (across AML KYC sanctions compliance counter terrorist financing and fraud) and an awareness of current developments and issues. You should be focused on selfdevelopment and working part of a team. Our employees share our CLEARR values Collaboration Leadership Excellence Agility Respect and Responsibility.

As a service within Regulatory Advisory we are expanding our Financial Crime team to deliver bespoke solutions to our clients of all sizes by providing an exemplary service for their requirements by providing the advice they need to navigate complex financial crime risks and challenges including:

• Maintain awareness/knowledge of all applicable AML & CTF in the UAE and International Standards.
• Supporting an organizations response to identified regulatory / financial crime breaches (including the remediation of sanctions breaches or instances of money laundering bribery or or more general misconduct).
• Reviewing a firms financial crime framework (or specific elements within it) to assess regulatory compliance.
• Internal systems reviews combining review and industry insight to report on financial crime control design and effectiveness.
• Helping a firm to scope and carry out remediation activities in relation to core financial crime process (such as KYC CDD/EDD transaction monitoring and screening).
• Bringing leading international best practice and knowledge to local clients in the region working alongside Grant Thorntons global Financial Crime teams.
• Helping clients of all shapes and sizes from FS and nonFS regulated sectors as well as corporates providing solutions such as Recommend & Review Reasonable Assurance and Audit Opinion.
• Demonstrating agility and adaptability to work in line with changing client expectations and requirements.
• Focus on reviews driven by regulators in the context of Financial Crime Compliance programs.

What youll be doing:

Clients

• Build a trusted relationship with client employees manage client expectations undertake an assignment manager role for small and medium sized assignments and manage the dayto day aspects of these under Manager supervision.
• Engender trust and respect from the client by managing assignments accurately responding quickly to demands and delivering to deadlines.
• Deliver projects with colleagues and clients including day to day ownership of projects and client liaison and know when to escalate issues or areas of concern as and when they arise.
• Display judgment and an understanding of relevant risks and issues arising in an assignment offering potential solutions and seeking advice when necessary.
• Record Keeping Maintain assignment files and identify key issues early to discuss with the Engagement Manager keeping them informed of progress.
• Taking responsibility for meeting timelines & budgets and managing small teams.

Markets

• Utilize and build up a network of contacts and attend external networking events.
• Be aware of Grant Thornton services and is able to identify opportunities to sell those services to clients whilst articulating and promoting Financial Crime Compliance services to other departments.
• Be actively involved in office marketing events when appropriate and an ambassador of the firm.
• Seek to actively support and coordinate aspects of business development opportunities e.g. preparing proposals/bids supporting at pitch meetings organizing conferences/client events developing marketing materials.
• Identifying and developing new market opportunities for the firm and considering new capabilities which the market may require.

People

• Be an active contributor to internal and external meetings learning opportunities as directed.
• Work effectively with all members of the team building respect of peers and junior team members.
• Mentor and coach junior team members; appraise them giving regular feedback complete timely performance reviews and provide development opportunities.
• Actively seek and manage opportunities to develop own technical and consultancy skill attend workshops keep technical knowledge up to date develop senior managerial competencies through inhouse training opportunities and keep records for CPD purposes (where required).

Operations and results

• Take responsibility for assigned areas and/or small to medium sized projects including deliverable review process whilst monitoring time and budget progress.
• Have a good knowledge of technical matters relevant to financial crime including local legal and regulatory requirements and standards such as CBUAE ADGM DFSA and FATF guidance.
• Ensure compliance with internal procedures including the completion of takeon conflict checking and setting up charge codes.
• Proactively understand the firms potential liability on assignments.
• Adhere to the Firms risk management policies and be aware of changes in the firms approach to risk management.

What were looking for:

• Have a minimum 1 to 3 years of experience in financial crime role (consulting experience preferred).
• Good knowledge of regulatory requirements for Financial Crime Compliance locally and at an international standard level.
• Financial crime professional qualification are highly preferred including but not limited to ACAMS and ICA.
• Excellent power point excel skills MS Teams proficient.