At a Glance
- Tasks: Lead the Financial Crime Framework and manage compliance operations.
- Company: Reputable Insurance firm in London with a strong focus on financial crime prevention.
- Benefits: Competitive salary up to £70,000 and hybrid working options.
- Other info: Opportunity for significant exposure across the business and career growth.
- Why this job: Join a high-profile role that makes a real impact on financial crime management.
- Qualifications: Strong experience in financial crime within the insurance sector and excellent communication skills.
The predicted salary is between 70000 - 70000 £ per year.
Lutine Bell is partnering with a well-established Insurance firm in London that is looking to strengthen its Financial Crime function. Reporting to the Head of Compliance, this role will lead the day-to-day operation of the Financial Crime Framework, covering Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), Sanctions, Anti-Bribery & Corruption, and Fraud.
This is a broad and high-profile position with key responsibilities including:
- Ownership and ongoing development of the Financial Crime Framework and Risk Assessment
- Sanctions screening, oversight and advisory support
- Suspicious Activity Reporting (SARs) and Deputy MLRO responsibilities
- Oversight of financial crime systems, monitoring and management information
- Regulatory engagement, reporting and assurance activities
- Providing expert advice to the business on financial crime matters
- Supporting the enhancement of financial crime policies, procedures and controls
Experience Required:
- Strong Financial Crime experience within the Insurance sector
- Practical and hands-on sanctions experience
- Experience supporting or deputising for an MLRO
- Sound knowledge of AML, CTF, sanctions, anti-bribery and corruption requirements
- Strong stakeholder management and communication skills
- Experience working with regulators and senior leadership teams
This is an excellent opportunity to join a reputable organisation in a broad Financial Crime leadership role with significant exposure across the business.
Location: London
Salary: Up to £70,000
Working: Hybrid
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Manager in City of London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Lutine Bell). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Lutine Bell. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Financial Crime Manager in City of London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Lutine Bell.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lutine Bell. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Lutine Bell
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lutine Bell to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Lutine Bell, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Lutine Bell's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
