Financial Crime Prevention Manager

Job Overview

As a FCP Manager, you will report into the Head of Financial Crime Prevention and support the Global Compliance function in delivering programmes to ensure compliance and regulatory requirements across the regulated entities. You will be expected to combine your understanding of the operational and commercial complexities of the organisation and assist in delivering high quality support, advice and assurance services to the function’s stakeholders, assisting in the delivery of the function’s objectives.

To ensure compliance with all applicable financial crime provisions, including sanctions, anti‑money laundering, anti‑bribery and corruption. The FCP Manager will provide expert advice, guidance and training with respect to applicable financial crime matters, including assessment of the applicability of sanctions prior to remittance of funds.

What you will be doing:

• Pro‑actively contribute to the work of the Financial Crime Prevention (‘FCP’) function working on your own initiative.
• Consistently demonstrate high levels of professional conduct, embracing the functions ‘whys’ and ‘hows’ with a positive attitude and setting an example to others.
• Understand and drive the further development of functional procedures, using them to analyse and solve problems, providing challenge and solutions where they could be improved.
• Work towards and meet deadlines, delivering high quality work on a consistent basis.
• Identify and assess inherent and residual financial crime risks faced by the business and mitigate how these are managed through control identification and implementation.
• Lead the FCP approach in applying specific regulatory knowledge to novel business situations, as well as the horizon scanning and regulatory monitoring processes.
• Coach and train other members of the function as required.
• Provide support to the Compliance Senior Leadership Team in training Senior Analyst, Analyst and Administrator level staff in technical skills and firm processes and procedures as required.
• Assist the on‑going development of the Compliance function across all pillars (Advisory, Assurance, Operations and FCP).

Key Accountabilities & Deliverables

• Ownership of broad elements regarding collaboration and integration of FCP amongst the other lines of defence, Compliance pillars and across the organisation and how this impacts controls effectiveness.
• Ownership of broad contributions to FCP policies and procedures across the organisation.
• Ownership of broad FCP trainings and communication channels across the organisation.
• Lead the FCP approach in applying specific regulatory knowledge to novel business situations, as well as the horizon scanning and regulatory monitoring processes.
• Ownership of broad FCP advice to the business.
• Management and refinement of the group’s sanctions screening solution and associated processes.
• Operate as the group’s Financial Crime Subject Matter Expert, researching and providing advice to ensure compliance with international regulations and sanctions regimes.
• Responsible for the group’s sanctions screening solution, processes, and technology.
• Oversee any suspected financial crime‑related regulatory and policy breach investigations, escalating findings and recommendations to the Group Head of Compliance.
• Preparation of external law enforcement and regulatory reports (such as sanctions licence applications and Suspicious Activity Reports) and liaison with responsible bodies where appropriate in association with General Counsel and Group Head of Compliance.
• To oversee the maintenance, development and distribution of financial crime‑related policies, procedures, guidance, and controls.
• Responsibility for the financial crime & fraud risk & controls analysis for the group & regional Boards.
• Develop, maintain and deliver financial crime training across the group.
• Refine internal processes and controls to enhance financial crime prevention and sanctions management.
• Develop and enhance Management Information and Key Performance Indicators.
• Preparation of periodic reports to Boards and the Executive Team.
• Ability to develop and maintain strong working relationships with Group Compliance, Risk Management, Internal Audit, Underwriting, Claims, Finance, Legal and other relevant key stakeholders.

What You Will Bring

• Minimum of 4‑6 years of experience in financial crime prevention, AML, fraud investigations and sanctions compliance.
• Demonstrated experience in reviewing, updating, operationalising and maintaining financial crime systems and controls within a globally operating business.
• Experience using data analytics and technology in a variety of ways to support control design, provide assurance and insights is highly desirable.
• Experience of working on financial crime‑related change programmes.
• Proven experience of undertaking financial crime reviews, with a robust understanding of the different approaches and best practice.
• Strong technical knowledge of international financial crime laws and regulations (especially sanctions), reporting requirements and regulatory expectations for the insurance sector in multiple jurisdictions.
• In‑depth understanding of financial crime risks and how to mitigate and manage these through control identification and implementation.
• Thorough understanding of the different components of a modern and effective financial crime framework, and the different ways that the components are connected and interact.
• Knowledge of and experience with working in Financial Service and within the Lloyd’s and London Market, is preferred.
• Excellent oral and written communication skills, including previous evidence of preparing training, presentations, and board reports that are appropriate and relative to the recipient audience.
• Excellent analytical and problem‑solving skills, with strong attention to detail.
• Ability to analyse, interpret and communicate complex issues appropriately to a range of target audiences.
• Ability to build strong relationships across the business and to challenge, negotiate with, influence and persuade stakeholders at all levels.
• Ability to work with a degree of independence and autonomy.
• Strong organisational skills, ability to prioritise and work on range of tasks simultaneously.
• Carry‑out duties in accordance with internal policies and procedures and applicable laws, rules, regulation, good governance and Enstar’s shared values, including putting clients at the heart of our business.
• Act with integrity.
• Act with due skill, care, and diligence.
• Be open and co‑operative with all regulators.
• Take reasonable steps to ensure that the business of the firm for which you are responsible is monitored and controlled effectively.
• Take reasonable steps to ensure that the business of the firm for which you are responsible complies with the relevant requirements and standards of the US regulatory system.
• Take reasonable steps to ensure that any delegation of your responsibilities is to an appropriate person and that you oversee the discharge of the delegated responsibility effectively.
• Disclose appropriately any information of which the regulators would reasonably expect to have notice.
• When exercising your responsibilities, you must pay due regard to the interests of current and potential future policyholders in ensuring the provision by the firm of an appropriate degree of protection for their insured benefits.

Benefits

• Pension (Enrolment is automatic on joining with a 10% employer contribution)
• Dental Insurance (This is an optional taxable benefit available to employee, spouse, and dependents)
• Medical Insurance (This is an optional taxable benefit available to employee, spouse, and dependents through a private health network)
• Travel Insurance (As an employee you are automatically enrolled with business and leisure travel insurance with single, couple, family, or single parent family coverage options.)
• Eligible company funded annual 360 Health Assessment.
• Voucher for free annual eye examination.
• Option to loan a bicycle and safety equipment tax free.
• Wellness Reimbursement program (up to £700 annual reimbursement for wellness related expenses, i.e., gym memberships, massage, etc.).
• Tusker – Electric Vehicle (A fixed monthly amount is taken directly from your gross salary and, in return, you get the use of a brand new electric car).
• Optional Critical Illness coverage

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