Financial Crime Prevention Manager

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 function\’s ‘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 meets 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 ongoing development of the Compliance function across all pillars (Advisory, Assurance, Operations and FCP).

PILLAR KEY ACCOUNTABILITIES & DELIVERABLES

• Ownership of broad elements regarding collaboration and integration of FCP amongst the other lines of defence, Compliance pillars and across the organization and how this impact controls effectiveness.
• Ownership of broad contributions to FCP policies and procedures across the organization.
• Ownership of broad FCP trainings and communication channels across the organization.
• 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 provision of 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
• Strong organisational skills, ability to prioritise and work on range of tasks concurrently
• 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, due skill, care, and diligence.
• Take reasonable steps to ensure that the business of the firm for which you are responsible is monitored and controlled effectively and that the business of the firm for which you are responsible complies with the relevant requirements and standards of the US regulatory system.
• 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

Who we are

We are a trusted global re/insurance group and the leading provider of retrospective solutions, with specialist underwriting capabilities. We help our clients manage risk, unlock capital and create the financial freedom to grow. With operations across the world’s major insurance hubs and a global network of close to 800 talented professionals, we bring expertise and fresh thinking to some of the industry’s biggest challenges. For more information about Enstar, visit our website: www.enstargroup.com. For more information about careers at Enstar, visit our LinkedIn Life page or visit our careers site

Why Enstar

Learning and development are a fundamental part of every employee\’s career journey with Enstar. Supporting growth and career progression is key to how we engage our people – helping them to learn, grow and succeed at Enstar. We offer a range of initiatives and resources to support our people throughout their careers:

• Professional Qualifications and Study Support: We support employees who wish to take professional qualifications aligned to their role and career development.
• Training, Conferences & Seminars: As a global organisation, we work with many professional bodies to provide access to training programmes, conferences, seminars and continuing professional development (CPD) opportunities.
• Digital Learning Hub: Our digital learning hub, LinkedIn Learning, offers a wide range of self-serve resources, including courses, videos, eBooks, and audio books, to help employees build new skills and deepen their knowledge.

We also invest in physical, mental and financial wellbeing initiatives for our employees. Supportive teams, inspiring work and a positive working environment all contribute to our collective wellbeing. Beyond the workplace, we strive to make a positive influence in our communities and to continuously reduce our impact on the environment.

Enstar Inclusivity Policy

Our annual Inclusivity Index puts Enstar ahead of the industry in terms of promoting an inclusive and welcome working environment. We’re an equal opportunity employer and believe that our inclusive environment creates an authentic working culture. We don’t discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation. Enstar is committed in providing an accessible recruitment experience for all those interested in working with us. Please let your Enstar Recruitment Partner know if you require any reasonable accommodation during the application process due to a disability to enable you to fully participate in our recruitment process