Job Overview

Financial Crime Specialist

Location: City of London, London Salary: £51,000 - £60,000
Type: Permanent Contact: Tara Robinson
Posted: 4 months ago

Our client is a trusted global provider of speciality lines insurance and reinsurance. Service orientated in their approach, they maintain an entrepreneurial, disciplined and ethical corporate culture.

Their established Compliance function is seeking an experience financial crime specialist to join the team. This opportunity will cover a variety of compliance tasks and projects in order to support the business.

The role is predominantly sanctions focused with a remit to grow a more rounded financial crime role.

Key Responsibilities include:

  • Advise the business on all elements of financial crime - Sanctions, Anti-Money Laundering, Bribery & Corruption, Fraud, Market Abuse, Insider Training.
  • Read and Interpret new rules and legislation from relevant regulators and financial crime authorities and advise the business of the implication to their business activities and assist the business in implementing any required changes
  • Creation and review of financial crime policies and procedures and update on an annual basis
  • Provide and present quantitative and qualitative reports to Board's and Committees on financial crime
  • Create and deliver financial crime training via face to face or e-learning
  • Review and clear all post-bind sanction queries
  • Participate in financial crime compliance monitoring including leading, preparing, executing, report writing and follow-up as well as collecting and analysing routine MI.
  • Support the maintenance of the Compliance Risk framework
  • Support interaction with regulators
  • Contribute to the annual Compliance Plan
  • Willingness to travel to offices and operations where business is outsourced.
  • Use formal reporting mechanisms to promptly notify relevant parties of any perceived new risks or failures of existing control measures.
  • At all times consider the effect of any actions taken on our customers with the intention of improving their experience.

Required Qualifications and Experience:

  • Educated to degree level and/or relevant insurance qualifications
  • Experience of insurance ideally including the Lloyd's market
  • Previous sanctions experience is essential
  • Ability to work independently and within a team environment
  • Ability to demonstrate strong verbal communication and interpersonal skills, building relationships across all levels of the business.
  • Strong attention to detail and a commitment to accuracy.
  • Ability to develop innovative and pragmatic solutions to problems.
  • Analytical and can think conceptually
  • Ability to multi-task and manage conflicting priorities
If you are interested in this role, please apply below or contact me for more information.

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