At a Glance
- Tasks: Provide sanctions advice and support compliance for our dynamic UK Specialty business.
- Company: Join Marsh, a global leader in risk and insurance solutions.
- Benefits: Enjoy professional development, hybrid work, and a vibrant, inclusive culture.
- Other info: Fast-paced environment with excellent career growth opportunities.
- Why this job: Make an impact in financial crime prevention while working with talented colleagues.
- Qualifications: Experience in sanctions within financial services and strong analytical skills required.
The predicted salary is between 45000 - 55000 £ per year.
We are looking for a highly motivated and proactive Sanctions Officer to join the Marsh UK Financial Crime Team who will be a dedicated resource for our leading Marsh Risk UK Specialty business. The position can be based in either Norwich or London. We will also consider candidates who could be based in any of our other UK offices. This is a hybrid role, with a minimum requirement of working at least three days a week in the office.
This role will report to our UK Sanctions Lead and support our UK Specialty Business specifically. The successful candidate will provide sanctions advice and guidance to our exciting and versatile Specialty business. The Marsh UK Financial Crime Team manages the UK’s Financial Crime Framework and helps UK entities meet their legal and regulatory requirements. This includes Financial Crime prevention, detection and investigation across the areas of Anti-Money Laundering and Counter Terrorist Financing, Sanctions and Export Controls, Anti-Bribery & Corruption (ABC) including Third Party Providers (TPPs) and Gifts & Entertainment, Fraud, Tax Evasion and Market Abuse.
Our UK Specialty business helps clients navigate complex and evolving risks across a range of specialist industries and insurance markets. Combining deep technical expertise, market knowledge, and strong relationships with insurers and global trading partners, our Specialty business design and place tailored insurance solutions for challenging and highly specialised risks.
In this role, you will be working in a fast-paced environment, collaboratively with UK Financial Crime and UK Specialty to deliver outstanding service throughout the insurance lifecycle for clients facing complex sanctions and international trade risks. Combining regulatory knowledge, technical expertise, and deep insurance-market relationships, our teams work together to understand client’s exposures, navigate a changing geopolitical landscape, and operate with confidence and compliance.
In this role you will be able:
- To join a truly global organisation that offers opportunity and excellent benefits
- To become part of a highly skilled Financial Crime Team that works to ensure the business is compliant with applicable laws and regulations
- Work in a fast-paced environment, an exciting workload with variety within the role
We will count on you to:
- Provide sanctions advice to support the UK business’ compliance with applicable UK and international economic and trade sanctions and export controls
- Build key relationships so you can provide ongoing support and advice to the business in respect of sanctions referrals and enquiries
- Respond to sanctions-related enquiries, referrals and escalations
- Develop subject-matter expertise so you can respond to complex cases and draft reports for internal and external use
- Keep up to date on relevant sanctions developments
- Draft communications to the business following legal, regulatory and/or business developments
- Provide training to the business as and when required
What you need to have:
- Sanctions experience within the financial services sector, with an understanding of UK and international economic and trade sanctions legislation including UK, EU, UN and US sanctions.
- Proven sanctions advisory experience
- Willingness to continually learn and upskill your knowledge of UK and international economic and trade sanctions legislation and export controls
- An ability and desire to read relevant laws and regulations and consider how they are, or will be, applied in practice
- An ability to build and maintain good working relationships with teams and individuals across the company
- Strong analytical skills, allowing you to assess whether sufficient information has been obtained prior to responding on cases
- A good work ethic with a proactive attitude, with willingness to step in and support a busy team when required
- Highly-motivated and enthusiastic self-starter with the ability to prioritise workload and to work under pressure
- Ability to work effectively at all levels and pick up procedures/processes quickly
- Strong written and verbal communication skills
- Excellent organisational skills and attention to detail
- Experience of delivering training
What makes you stand out:
- An excellent knowledge of economic and trade sanctions and export controls
- Experience of working in the insurance sector with a good understanding of regulatory requirements
- Excellent communication and stakeholder management skills
- Good working knowledge of Excel and PowerPoint with experience analysing data, creating reports and training presentations
- University Degree or recognised industry accreditation (for example, ICA Qualification)
Why join our team:
We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer.
We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.
Sanctions Officer in London employer: Marsh McLennan
Marsh Commercial is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. With a strong focus on employee growth, you will have access to ongoing professional development opportunities while working in a hybrid environment that balances flexibility with in-office teamwork. Join us to make a meaningful impact in insurance and risk management, all while being part of a supportive and forward-thinking team.
StudySmarter Expert Advice🤫
We think this is how you could land Sanctions Officer in London
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Marsh McLennan. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Marsh McLennan.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Marsh McLennan. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Sanctions Officer in London
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Marsh McLennan and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Marsh McLennan how you can be a team player!
How to prepare for a job interview at Marsh McLennan
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Marsh McLennan.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Marsh McLennan's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
