Compliance Analyst - Financial Crime

Overview

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

Job Description: Compliance Analyst, Financial Crime

How does this role contribute to our collective success?

As part of AXIS Compliance Team, you will support the Senior Compliance Manager and Financial Crime Specialist in delivering second line financial crime compliance support across multiple legal entities within the AXIS Capital Group. This role sits within the transversal Compliance function, providing oversight and guidance across jurisdictions.

Your key responsibilities will include supporting the development and implementation of our Financial Crime Framework, covering key financial crime compliance pillars of Sanctions, Anti Bribery & Corruption, Anti-Money Laundering and Counter Terrorist Financing.

You will play a vital role in reviewing sanctions screening matches, investigations, internal/external escalations. Additionally, you will support the preparation of reporting to our regulators, Boards and local committees. You will build strong relationships with stakeholders across all AXIS entities. Your expertise will help ensure adherence to Financial Crime Policies and Procedures, enhance controls and support ongoing due diligence processes related to Anti-Bribery, Sanctions, and AML functions.

What will you do in this role?

• Support the Senior Compliance Manager by assisting with the maintenance, implementation and development of the Financial Crime Framework at AXIS covering Sanctions, Anti–Money Laundering and Counter Terrorist Financing, Anti-Bribery and Corruption.
• Support with advising the business on all aspects of Financial Crime, with a focus on sanctions.
• Perform the review of the matches arising from AXIS’s sanction screening and participate in Sanctions Alerts management.
• Review and respond to sanctions queries from across the business, logging all queries and the creation of Financial Crime management information.
• Maintain relevant compliance/financial crime related logs.
• Support with the preparation of reporting provided to UK, European, Group, local Boards and Committees and regulators.
• Support the horizon scanning process, including completion of gap analyses, across all our regulators, jurisdictions and legal entities to provide guidance to the business on Financial Crime and international sanctions regulations and legislation.
• Support the production of an annual Financial Crime risk assessment and Annual MLRO report.
• Assist and support the Financial Crime Specialist to co-ordinate and undertake any disclosures to law enforcement agencies.
• Participate in compliance monitoring/fact finds, including preparing, executing, report writing and follow-up as well as collecting and analysing routine MI, if required.
• Identify opportunities for operational efficiency and provide solutions to streamline existing compliance processes and procedures.
• Use formal reporting mechanisms to promptly notify relevant parties of any perceived new risks or failures of existing control measures.
• Interaction and engagement with the Compliance Operations Team and wider Compliance Team.
• Promote a compliance culture by proactively identifying and addressing compliance risks, raising awareness of compliance matters and encouraging adherence to applicable laws and regulations.
• Build and maintain relationships with all entities within the first line of defence.

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You

About You:

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have

• Knowledge and understanding of UN, US, UK and EU sanctions and export control orders.
• 2-3 years’ experience in Compliance roles within General Insurance and/or Lloyd’s/London Market with exposure to Financial Crime.
• Knowledge and understanding of both FCA and PRA regulations. Awareness of CBI, European and US regulations would be beneficial.
• Educated to degree level and/or relevant insurance qualifications
• Must have an understanding/experience in all aspects of anti-financial crime legislation, regulations and practices, in particular a strong knowledge regarding, sanctions, fraud, and anti-bribery and corruption;
• Familiarity with sanction and PEP screening tools and official sanction databases.

What we prefer you to have

• Self-driven and naturally curious.
• Good relationship building and networking skills.
• Ability to build trust by operating with integrity and professionalism.
• Strong organisation and time management skills
• Exceptional attention to detail.
• Excellent verbal and written communication.
• Ability to multi-task and manage conflicting priorities
• Influencing skills
• Excellent team working skills
• Systems knowledge including Finscan, Outlook, PowerPoint, Word, Excel

Role Factors

In this role, you will be required to be in the office 3 days per week

You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, an