At a Glance
- Tasks: Lead the Financial Crime team and enhance risk frameworks globally.
- Company: Global Insurance organisation with a focus on compliance and risk management.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Work in a dynamic environment with a strong emphasis on compliance and teamwork.
- Why this job: Make a significant impact in financial crime prevention on a global scale.
- Qualifications: Leadership experience in financial crime assurance and oversight, with insurance broking knowledge.
The predicted salary is between 80000 - 100000 £ per year.
Location: London, 2 days per week
We are exclusively partnering with a Global Insurance organisation to appoint a Head of Financial Crime to lead the function. Responsible for management and enhancement of the Financial Crime Risk Framework for the Group worldwide, lead the Financial Crime team and report quarterly to the Financial Crime Committee and Risk & Compliance Committee.
Main Responsibilities:- Develop, implement, and maintain robust systems and controls to ensure effective oversight of financial crime compliance across international operations, in line with applicable laws and regulations.
- Draft, maintain, and enforce financial crime policies, procedures, and standards.
- Monitor regulatory developments and emerging guidance, assess their impact on the organisation, and provide recommendations to senior compliance leadership and relevant governance committees.
- Support senior compliance leadership with internal and external reporting obligations.
- Oversee the identification, investigation, escalation, and reporting of sanctions‑related matters.
- Lead the investigation of financial crime incidents, ensuring appropriate escalation, remediation, and documentation.
- Develop and maintain the financial crime risk assessment, ensuring risks are identified, controls are implemented, and both are reviewed on an ongoing basis.
- Design financial crime monitoring plans and oversee their execution by monitoring teams.
- Recent experience in a financial crime assurance and oversight leadership role
- Sanctions and Marine experience essential
- Insurance broking required
- Management of teams
Head of Financial Crime employer: Lutine Bell
Joining this well-established UK bank as a Compliance Manager offers an exceptional opportunity to thrive in a supportive and collaborative work culture. With a focus on employee growth, the bank provides comprehensive training and development programmes, ensuring that you can advance your career while enjoying the benefits of hybrid working in the vibrant Birmingham area. The role not only allows you to make a meaningful impact through regulatory guidance but also fosters strong relationships with stakeholders, making it a rewarding environment for professionals seeking to excel in compliance.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Financial Crime
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial crime sector and let them know you're on the hunt for a new role. You never know who might have the inside scoop on opportunities or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on the latest trends in financial crime compliance. We recommend creating a cheat sheet of key topics and questions that might come up, so you can impress the hiring managers with your knowledge and insights.
✨Tip Number 3
Showcase your leadership skills! When discussing your experience, focus on how you've led teams and managed financial crime risk frameworks. Use specific examples to demonstrate your impact and how you can bring that expertise to the new role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Head of Financial Crime
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Financial Crime role. Highlight your experience in financial crime assurance and oversight, especially any relevant sanctions and marine experience. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've developed and implemented financial crime policies or led teams in the past. Let us know what makes you tick!
Showcase Your Leadership Skills:As a Head of Financial Crime, leadership is key. In your application, emphasise your management experience and how you've successfully led teams. We want to hear about your approach to mentoring and developing talent within your team.
Apply Through Our Website:We encourage you to apply directly 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 us you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Lutine Bell
✨Know Your Financial Crime Framework
Make sure you’re well-versed in the financial crime risk frameworks relevant to the insurance sector. Brush up on the latest regulations and compliance standards, as this will show your potential employer that you’re not just familiar with the basics but are also proactive about staying updated.
✨Showcase Your Leadership Skills
As a Head of Financial Crime, you'll be leading a team. Prepare examples of how you've successfully managed teams in the past, particularly in high-pressure situations. Highlight your ability to mentor and develop others, as well as how you’ve driven results through effective leadership.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to solve hypothetical financial crime incidents. Think through your approach to identifying, investigating, and reporting these matters. Practising your responses can help you articulate your thought process clearly during the interview.
✨Demonstrate Your Strategic Thinking
Be ready to discuss how you would enhance the financial crime risk framework for the organisation. Share your insights on emerging trends and how they could impact the company. This shows that you’re not only focused on compliance but also on strategic development.
