At a Glance
- Tasks: Lead financial crime compliance initiatives and enhance policies for a top insurer.
- Company: Market-leading specialty insurer in the Lloyd’s Market.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Join a collaborative team focused on compliance and risk management.
- Why this job: Make a real impact in financial crime compliance and shape industry standards.
- Qualifications: 4+ years in Financial Crime/Compliance, preferably in (re)insurance.
The predicted salary is between 60000 - 80000 £ per year.
Financial Crime Officer opportunity working with a market leading specialty insurer operating within the Lloyd’s Market. You will focus on maintaining, enhancing and implementing financial crime policies and procedures, supporting financial crime risk assessments, and ensuring that company controls support adherence to all relevant laws and regulations applicable.
Key Responsibilities
- Promote a strong compliance culture and ensure adherence to financial crime regulations.
- Support and enhance the Financial Crime and Licensing Governance control framework.
- Maintain up-to‑date knowledge of AML/CTF, fraud, and UK, EU, US, and UN sanctions developments.
- Assist with annual financial crime risk assessments, including control evaluation and remediation follow-up.
- Review and update financial crime policies, procedures, and framework documentation.
- Maintain the High‑Risk Business Approval List.
- Prepare financial crime MI and committee reports, ensuring appropriate escalation of key risks.
- Manage key controls (e.g., Segregation of Duties reviews and Gifts & Entertainment registers).
- Conduct regulatory impact assessments and support business communications on emerging risks.
- Deliver and maintain financial crime training (annual and bespoke).
- Support wider Financial Crime and International Compliance projects, advisory work, investigations, and governance activities.
Skills & Experience
- 4+ years’ experience in Financial Crime/Compliance within the (re)insurance sector.
- Experience in financial crime functions, including risk assessments.
- Knowledge of UK, EU, US, and UN sanctions frameworks.
- Licensing experience within (re)insurance (desirable).
Financial Crime Compliance Lead for Insurance in London employer: Edenbrook
Join a market-leading specialty insurer within the Lloyd’s Market, where you will thrive in a dynamic work culture that prioritises compliance and integrity. Our commitment to employee growth is evident through tailored training programmes and opportunities for professional development, ensuring you stay at the forefront of financial crime compliance. With a focus on collaboration and innovation, we offer a supportive environment that values your contributions and fosters a strong sense of community.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Compliance Lead for Insurance in London
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance and compliance sectors on LinkedIn. Join relevant groups and engage in discussions to get your name out there and show off your expertise.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of AML/CTF regulations and recent developments in financial crime. We want you to be the go-to person for compliance questions during your interview!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings that match your skills, especially in financial crime compliance.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows your enthusiasm and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Financial Crime Compliance Lead for Insurance in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Crime Compliance Lead role. Highlight your experience in financial crime and compliance, especially within the (re)insurance sector. We want to see how your skills match what we're looking for!
Showcase Relevant Experience:In your cover letter, showcase your relevant experience with AML/CTF and sanctions frameworks. We love seeing specific examples of how you've implemented policies or conducted risk assessments in your previous roles.
Be Clear and Concise:When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read through your qualifications and achievements. We appreciate a straightforward approach!
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 StudySmarter!
How to prepare for a job interview at Edenbrook
✨Know Your Financial Crime Regulations
Make sure you brush up on the latest AML/CTF regulations and sanctions frameworks. Being able to discuss recent developments in UK, EU, US, and UN sanctions will show that you're not just knowledgeable but also proactive about staying informed.
✨Showcase Your Experience
Prepare specific examples from your 4+ years in Financial Crime/Compliance. Highlight your involvement in risk assessments and how you've contributed to enhancing compliance culture. Real-life scenarios can make your experience more relatable and impactful.
✨Demonstrate Your Analytical Skills
Be ready to discuss how you've conducted regulatory impact assessments or managed key controls in previous roles. Employers love candidates who can think critically and provide solutions, so share your thought process and outcomes.
✨Engage with Questions
Prepare thoughtful questions about the company's financial crime policies and governance framework. This shows your genuine interest in the role and helps you assess if the company aligns with your values and career goals.
