Job Overview

Financial Crime & Sanctions officer

Location: City of London, London Salary: Up to £100000 per annum
Type: Permanent Contact: Tara Robinson
Posted: 8 days ago

Global insurer are seeking a seasoned financial crime & sanctions professional to join their collaborative team. Reporting into the Head of Compliance & MLRO you will be required to take ownership of all international sanctions and financial crime issues across the UK Branch. In addition, the role holder will be required to deliver specific objectives to enhance and embed the financial crime framework across the UK Branch, as well as being the primary 2nd Line of Defence representative for managing international sanctions and financial crime activities.

Key Accountabilities include:

  • To provide support to the UK Branch on international sanctions, including escalations to the Group Financial Crime function, monitor and advise on the constantly changing environment, ensure controls are appropriate and tested regularly.
  • Support the implementation of the Group Standards related to international sanctions and financial crime as required by the various Group policies, guidelines and technical measures.
  • Verify the design of the 2nd Level Controls Financial Crime Monitoring Programme, including identifying gaps, actions needed and driving implementation / monitoring.
  • Finalise the rollout of the new UK Branch Standards, as identified in the actions set out in the compliance work plan that includes the following:

- Embed new standards including the provision of 2nd Line of Defence support, advice and the remediation activities in respect of the Group and Discontinued Portfolios.

-Work with senior stakeholders to finalise new standards to be adopted. Provide support to operationalise the new standards and deliver appropriate training to support.

-Review the activities of other departments in Shared Services to ensure adherence to the new financial crime standards.

  • Provide support, where required, to help define the international sanctions and financial crime training for the UK Branch in relation to all areas of financial crime.
  • Provide practical training to business areas to support the rollout and embedding of the new financial crime standards.
  • Ensure adequate and timely reporting to Head Office relating to AML and other areas of financial crime.
  • Ensure that appropriate corporate governance is in place in relation to international sanctions and financial crime reporting and decision making. This will include the role holder being the central contact for the Financial Crime Group function with respect to reporting through the relevant Group platform.


Key skills & attributes required:

  • Minimum of 7 years' experience dealing with all areas of financial crime, preferably in the insurance industry, including monitoring experience.
  • The ability to analyse and take the lead in providing succinct and pragmatic advice on complex issues.
  • Excellent writing and communication skills.
  • Good stakeholder engagement skills across all levels of the business and different geographies.
  • Excellent IT skills with the ability to use tools such as Excel and PowerPoint etc.
  • Delivery of practical training and coaching.
  • Educated to degree level legal background highly desirable
  • Financial crime qualifications desirable.

Eames Consulting is acting as an Employment Agency in relation to this vacancy.