At a Glance
- Tasks: Lead financial crime framework and ensure compliance with regulations.
- Company: Fast-growing MGA in the dynamic Lloyd's market.
- Benefits: Competitive salary, career growth, and a chance to make a difference.
- Other info: Join a collaborative team focused on innovation and compliance.
- Why this job: Be at the forefront of combating financial crime in a thriving industry.
- Qualifications: 3+ years in financial crime within insurance; MLRO support experience preferred.
The predicted salary is between 59400 - 72600 £ per year.
New Financial Crime Manager role working with fast-growing MGA operating within the Lloyd’s market. You will lead the day-to-day financial crime framework for UK regulated entities and wider group. The role covers money laundering and terrorist financing, sanctions, bribery and corruption, and fraud.
Key Responsibilities:
- Own the firm's financial crime framework, policies and procedures, ensuring alignment with FCA, Lloyd's and regulatory expectations.
- Lead the enterprise-wide financial crime risk assessment and maintain proportionate controls across AML, sanctions, fraud, bribery & corruption and terrorist financing.
- Oversee sanctions screening, transaction monitoring and case management, including complex specialty risks, alert adjudication, escalation and control effectiveness.
- Oversee financial crime risks within delegated authorities, including coverholder due diligence, binder requirements and ongoing oversight.
- Act as Deputy MLRO, managing internal suspicion reporting, SARs/DAML submissions, escalation and associated record keeping.
- Provide financial crime advice, MI and training to the business; monitor regulatory developments, breaches and emerging risks and report to senior management.
- Support audits, assurance and regulatory engagement, ensuring financial crime remediation is delivered through to completion.
Key Skills and Experience:
- Minimum three + years' relevant financial crime experience within the insurance industry.
- London Market/ MGA experience is highly desirable.
- Experience deputising for or supporting an MLRO is highly desirable.
Discipline(s): Audit, Risk & Compliance
Job type: Permanent
Financial Crime Manager employer: Edenbrook
Edenbrook is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals in the financial reporting sector. With a strong commitment to employee development, we offer numerous growth opportunities and support for continuous learning, all while working in a dynamic environment that values integrity and excellence. Located in a vibrant area, our team enjoys a balanced work-life experience alongside competitive benefits tailored to enhance both personal and professional well-being.
