Financial Crime Officer

New Financial Crime Officer role!

Key info:

• Salary: 60-70k + bonus
• Permanent role 3 days in office, 2 from home
• Insurance industry experience highly regarded but not essential
• Previous sanctions experience needed

As a Financial Crime Officer, you will play a key role in supporting the UK and International business in achieving its Financial Crime compliance objectives. Working closely with senior stakeholders and the wider Financial Crime Team, you will provide subject matter expertise, oversee projects, and contribute to the development of frameworks and strategies to ensure ongoing compliance with all relevant regulations.

You will also take a proactive role in mentoring junior team members and fostering a collaborative compliance culture across the business.

Role Responsibilities:

• Assist in the maintenance of the sanctions screening system for the UK and International Business Units, reviewing and clearing alerts in a timely manner.
• Provide expert, consistent, and timely advice and guidance on Financial Crime matters to operational staff and business leaders.
• Represent the Financial Crime function at meetings, contributing to issue resolution and risk management.
• Lead or manage Financial Crime projects and initiatives, working independently or in collaboration with others.
• Deliver and develop training content tailored to business units on specific Financial Crime matters, ensuring alignment with current regulations and best practices.
• Identify and investigate potential breaches of G&E policy and support appropriate remediation actions.
• Conduct and oversee third-party and producing due diligence, including international reviews.
• Mentor junior team members, providing guidance, knowledge-sharing, and support for professional development.
• Monitor the regulatory landscape, identify emerging issues, and assess implications for the business.
• Contribute to the production and analysis of management information and reporting.

Person requirements:

An insurance background is advantageous but not absolutely essential. This role is ideal for candidates with prior Financial Crime experience.

Key Competencies:

• Strong knowledge of Financial Crime legislation, including, but not limited to, OFAC, EU, and HMT Sanctions

Desirable Qualifications and Knowledge:

• Professional qualification such as ICA Certificate or Cert CII