At a Glance
- Tasks: Ensure compliance with US, EU, and UK Sanctions regulations while supporting the Sanctions Team.
- Company: Join Velonetic, a dynamic joint venture in the insurance and reinsurance sector.
- Benefits: Enjoy flexible working, competitive pay, and access to professional development opportunities.
- Other info: Be part of an inclusive culture that values diversity and personal growth.
- Why this job: Make a real impact in a role that supports innovation and compliance in a fast-paced environment.
- Qualifications: Strong numeracy, attention to detail, and a willingness to learn about sanctions and insurance.
The predicted salary is between 30000 - 40000 £ per year.
**LOCATION:** Remote UK Based Flexible working with the opportunity for hybrid working from Chatham
**TYPE**: Permanent, Full - time (37.5 hrs per week)
Velonetic represents the joint ventures between DXC Technology, the International Underwriting Association (IUA), and Lloyd’s of London. Processing over £101 billion worth of premium and claims transactions today, we are building a new digital platform and services that will enable our customers to move transactions and money through the processing lifecycle with greater efficiency and speed.
Job Overview
We have a fantastic new job opportunity for an individual who as a Sanctions Technician works under the direction of the Sanctions Team Leader and the role is central to ensuring that the Joint Venture is compliant with all US, EU, and UK Sanctions regulations. The overall Sanctions function consists of a Screening Team, Clearing Team, Sanctions Team, and Compliance Team. The Sanctions Technician is responsible for low complexity ‘L2’ Sanctions clearance and escalating more complex cases to an Advanced Sanctions Technician or Senior Sanctions Technician within the team.
What you will be doing
- Maintain Sanctions Quality Control
- Daily Audit of sensitive territory cases
- Daily Audit of high risk territory cases
- Sensitive territory checks (currency and banks)
- Maintenance of Sanctions User Group SharePoint site
- Sending Sanctions related queries to the market
- Applies technical knowledge (Sanctions and insurance)
- Supports Sanctions change in the business
- Acts as an ambassador for the Joint Venture & maximises the reputation
- Positively supports change initiatives & identifies new ways of doing things
- Supports continuous improvement activities within the team and department
- Communicates accurate, up-to-date information in a clear and timely manner
- Works co-operatively within and across teams to achieve objectives
- Effectively plans and organises own workload in order to meet business requirements and timescales
- Demonstrates flexibility by managing workload and determines urgency in a meaningful way
- Assists in resolving team problems in a positive manner
We're looking for people who have
- Strong numeracy, verbal, and literacy skills
- Computer literate with working knowledge of Outlook and MS Office
- Work to a high level of accuracy with attention to detail
- Strong organisational, personal and time management skills
- Ability to work independently and as part of a team
- Awareness of Sanctions
- Technical Insurance knowledge
- Analytical & problem solving skills
- Experience of IMR & Global Radar systems
- Able to analyse, investigate and interpret data and information
- Ability to prepare accurate and clear written correspondence
- Maintains quality standards despite pressing deadlines
- Continuously learns and develops
Investment In Training and Development
We offer a comprehensive range of training and career development opportunities, a structured induction programme, tailored job training as well as mentoring and support for relevant sponsored professional qualifications.
Our Culture
Here at Velonetic, we support with care and compassion. We are constantly evolving our initiatives around equality, diversity, and inclusion to ensure that everyone feels equally involved and supported in the workplace.
Employee Benefits
As part of our competitive remuneration package, flexible benefits are available. There is an option to “flex up and down” on specific benefits, for example buy or sell annual leave, Private Medical Benefit, Dental and Travel Insurance.
Sanctions Technician in Chatham employer: DXC Technology Inc.
At Velonetic, we pride ourselves on being an excellent employer, offering a supportive and inclusive work culture that prioritises employee growth and development. With flexible working arrangements, comprehensive training programmes, and a commitment to diversity, we empower our Sanctions Technicians to thrive in their roles while contributing to meaningful projects within the insurance and reinsurance sectors. Join us in a dynamic environment where innovation is encouraged, and your contributions are valued.
StudySmarter Expert Advice🤫
We think this is how you could land Sanctions Technician in Chatham
✨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 DXC Technology Inc. looking for candidates who are engaged and informed.
We think you need these skills to ace Sanctions Technician in Chatham
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 DXC Technology Inc.. 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 DXC Technology Inc.
✨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 DXC Technology Inc.’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
