Financial Crime Unit (FCU)

For our clients - banks and other financial market participants  - it is becoming increasingly important to exercise due diligence and learn more about their customers, identify the beneficial ownership of the funds and assess the risk of using services and products for illicit purposes. Our knowledge and experience helps our clients in coping with this burden and comply with both their regulatory and social responsibilities. An effective AML program means not only tangible financial savings in the form of avoided regulatory fines for a bank. It is primarily a means toward a more secure and stable business environment and the knowledge, that the institution is safeguarded against criminal activity.

The project delivered in the FCU are very diverse - we assist both large, global banks and smaller, local institutions. Our teams have performed an array of tasks, including creating "Know-Your-Client" (KYC) procedures for the purposes of  high-risk client review, performing analysis of the clients' transactional activity scanning for red flags, assessing and documenting instances of politically exposed persons in the client population, as well as working on streamlining, improving and automating processes already in place. 

We are searching for those, who allow nothing to get past them…

In the ever-changing landscape of the financial market, countless transactions, numerous types and structures of legal entities, complex legislation and the unyielding creativity of fraudsters in their attempts to circumvent the law, the nature of the work carried out by the FCU specialists is best described by an analogy to the detective work. Actively searching and securing information from various sources, performing thorough analyses of complex data sets, picking up patterns of suspicious behavior and other red flags in the intricate mosaic of client data, collecting evidence and acting on the in line with the relevant regulations - all of this constitutes an essential part of every PwC Financial Crime Unit specialist.

You don't have to be a graduate of economy or finance. In the PwC Financial Crime Unit we look for both specialists with ample experience as well as graduates and students of law, linguistics or IT. Working in the FCU is an interdisciplinary affair, connecting finance, law, politics and culture, allowing people with disparate backgrounds to align and excel in our firm. Analytical thinking skills and a very good knowledge of English are our fundamental requirements.