At a Glance
- Tasks: Support compliance in financial crime matters and conduct investigations.
- Company: Join a leading firm in the (re)insurance industry with a focus on compliance.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on continuous learning and development.
- Why this job: Make a real difference in combating financial crime while developing your career.
- Qualifications: 4+ years in financial crime compliance, strong analytical skills, and excellent communication.
The predicted salary is between 50000 - 60000 £ per year.
The Financial Crime Officer (Advisory & Investigations) will be part of an essential team within International Compliance – the Financial Crime Advisory & Investigations team who support and advise the business and internal functions in matters relating to:
- All pillars of financial crime (Sanctions, Anti-Money Laundering (AML)/ Counter-Terrorist Financing (CTF), Anti-Bribery and Corruption (ABC), Fraud, Market Abuse and Anti-Tax Evasion Facilitation) and TMHCC’s Licensing and authorisations compliance.
This role will involve the timely response to all queries, referrals and escalations from the business, and working within a team to ensure regulatory compliance with relevant financial crime and licensing laws and regulations, and support the resolution of any required investigations.
Key Responsibilities- Assess, review and prepare timely responses to financial crime related referrals and business queries, ensuring adherence with regulatory expectations.
- Promote a culture of compliance by raising awareness of financial crime and compliance considerations, ensuring adherence to applicable laws and regulations.
- Develop and maintain current knowledge on relevant financial crime regulatory developments particularly in relation to UN, UK, EU and US sanctions, Fraud, and AML/ CTF.
- Support the timely provision of advice to support adherence to TMHCC’s licensing and authorisation permissions and applicable conditions.
- Support the process for AML related verifications including preparing responses to all KYC requests from third parties.
- Review, assess and timely closure of financial crime screening alerts which have been escalated to 2LOD.
- Support the annual, and as necessary ad hoc reviews, of financial crime related policies, procedures and contribute input into other documentation that comprises the Financial Crime Framework.
- Maintain the Licensing & Financial Crime Schedule ensuring financial crime indicators and licensing permissions and conditions are up to date.
- Support the review of all financial crime or licensing related exceptions or escalations that may arise across THMCCI.
- Support the investigation of all notified financial crime related incidents including (as applicable) all required reporting to Action Fraud, NCA, OFSI and FCA.
- Support the input into regular reports to key stakeholders, including the relevant Committees, on the output of the monitoring and assurance activities as well as high risk business.
- Maintain all internal logs and records of advice, investigations, and issues to ensure an accurate audit trail.
- Support the Financial Crime team where necessary on other matters falling within the overarching Financial Crime Framework, such as horizon scanning, initiatives to enhance key financial crime controls, review and updates to policies and procedures, financial crime risk assessments, screening, financial crime projects, training and communications, and other workstreams of the broader International Compliance team.
- Financial Crime /Compliance Officer with 4+ years experience in the (re)insurance industry.
- Previous experience within a financial crime advisory and investigation function.
- Good knowledge and experience of the application of UK, EU, US and UN sanctions in the (re)insurance sector.
- Demonstrate a high level of analytical and problem-solving capability and the ability to convey complex messages in a clear manner.
- Demonstrate a risk-based methodology in work methods and reporting.
- Ability to prioritise and manage own workload, ensuring tasks are completed within delivery dates.
- Excellent interpersonal skills with the ability to communicate effectively and build relationships with a wide range of people.
- Excellent written communication skills to allow the job holder to deliver clear and fit-for-purpose documents including procedures and guidance.
- Experience advising on licensing matters within the (re)insurance sector.
- Strong knowledge and experience in investigating fraud suspicious and involvement in implementing anti-fraud control frameworks.
Financial Crime Officer (Advisory) employer: Dormont Manufacturing Co
As a Financial Crime Officer (Advisory) at TMHCC, you will join a dynamic and supportive team dedicated to maintaining the highest standards of compliance in the financial crime sector. Our hybrid work model promotes a healthy work-life balance, while our commitment to employee development ensures you have ample opportunities for growth and advancement within the company. With a culture that values collaboration and innovation, TMHCC is an excellent employer for those seeking meaningful and rewarding careers in compliance.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Officer (Advisory)
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Dormont Manufacturing Co looking for candidates who are engaged and informed.
We think you need these skills to ace Financial Crime Officer (Advisory)
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Dormont Manufacturing Co. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Dormont Manufacturing Co
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Dormont Manufacturing Co’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
