At a Glance
- Tasks: Shape and strengthen financial crime frameworks while advising on compliance.
- Company: Join a leading tech-driven insurance company focused on compliance.
- Benefits: Permanent full-time role with competitive salary and growth opportunities.
- Other info: Collaborate with senior stakeholders and enhance your career in compliance.
- Why this job: Make a real impact in preventing financial crime in a dynamic environment.
- Qualifications: Strong compliance experience in the UK insurance market is essential.
The predicted salary is between 60000 - 80000 £ per year.
Join CFC’s Compliance team and help protect our business and customers from financial crime. We’re hiring a Group Financial Crime Manager (SM&CR Certified Function) to shape and strengthen our financial crime framework across the Group, working closely with senior stakeholders in a fast‑paced, technology‑led insurance environment. You’ll support the enhancement, delivery and implementation of CFC’s financial crime framework and controls across the Group.
As a key SME within the second line Compliance team, you’ll provide pragmatic, commercially minded advice to help prevent financial crime across CFC Underwriting and other Group entities, and ensure our policies, standards and approach meet legal and regulatory requirements. You’ll work closely with the wider Governance team and senior stakeholders across the business.
Key responsibilities
- Provide pragmatic, commercially minded financial crime advice to the business.
- Support the MLRO, including screening and analysis of internal SARs and advice on onward disclosures.
- Oversee the Group’s sanctions screening solution and approve escalations of screening alerts.
- Analyse complex sanctions cases across UK, EU, US, Canadian and Australian regimes.
- Support and oversee investigations into suspected financial crime incidents/breaches (including fraud), escalating findings and recommendations as needed.
- Review broker additional commission arrangements.
- Horizon scan for financial crime‑related developments and communicate key changes at relevant governance forums.
- Develop, enhance and maintain financial crime policies, procedures, guidance and the wider framework, including completion of the annual Financial Crime Risk Assessment.
- Deliver internal/external reporting and strengthen MI, KPIs and KRIs (including monthly frozen funds reporting).
- Design and deliver tailored financial crime and sanctions training and communications; coach junior colleagues.
- Manage workload proactively and collaborate with UK and international Compliance colleagues as needed.
About you
To be considered for this opportunity you must have strong second line compliance experience (up to 8 years) in the UK insurance market (e.g. Lloyd’s managing agent / Cover holder or UK company market insurer).
Other experience needed:
- Extensive knowledge of international financial crime regulation and expectations for insurers (especially sanctions).
- Excellent communication and report‑writing skills, with strong attention to detail.
- Comfortable working autonomously at pace, using sound judgement and discretion.
- Strong stakeholder management skills and the ability to explain complex topics clearly.
- Experience working with delegated authorities, including understanding of binding authority agreements.
Group Financial Crime Manager employer: CFC Underwriting
CFC is an exceptional employer that prioritises a collaborative and innovative work culture, making it an ideal place for professionals looking to make a meaningful impact in the financial crime compliance sector. Located in the vibrant city of London, employees benefit from a dynamic environment that fosters personal and professional growth, alongside comprehensive training and development opportunities. With a commitment to employee well-being and a focus on technology-led solutions, CFC offers a unique chance to contribute to a forward-thinking organisation while advancing your career in a supportive setting.
StudySmarter Expert Advice🤫
We think this is how you could land Group Financial Crime Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial crime and compliance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its financial crime framework. Be ready to discuss how your experience aligns with their needs. We want you to showcase your knowledge of international regulations and your ability to provide pragmatic advice.
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex topics clearly, so consider doing mock interviews with friends or mentors. This will help you articulate your thoughts and demonstrate your stakeholder management skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company. Let’s get you that Group Financial Crime Manager role!
We think you need these skills to ace Group Financial Crime Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Group Financial Crime Manager role. Highlight your second line compliance experience and any relevant achievements in the UK insurance market. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about financial crime compliance and how your experience makes you the perfect fit for our team. Keep it engaging and personal, so we can get to know you better.
Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your application reflects that. Use clear, concise language and pay attention to detail. We love a well-structured application that’s easy to read!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at CFC!
How to prepare for a job interview at CFC Underwriting
✨Know Your Financial Crime Regulations
Make sure you brush up on the latest financial crime regulations, especially those relevant to the insurance sector. Being able to discuss specific regulations and how they impact the role will show that you're not just familiar with the basics but are genuinely invested in the field.
✨Prepare Real-World Examples
Think of specific instances where you've successfully navigated financial crime issues or implemented compliance measures. Having concrete examples ready will help you demonstrate your expertise and problem-solving skills during the interview.
✨Understand the Company’s Framework
Research CFC’s existing financial crime framework and be prepared to discuss how you can enhance it. Showing that you’ve done your homework will impress the interviewers and highlight your proactive approach.
✨Engage with Stakeholder Management
Since the role involves working closely with senior stakeholders, practice articulating complex topics clearly and concisely. Think about how you would explain financial crime concepts to someone without a compliance background, as this will showcase your communication skills.
