At a Glance
- Tasks: Lead compliance efforts in financial crime and build strong stakeholder relationships.
- Company: Join a global leader in insurance at Lloyd's of London.
- Benefits: Competitive salary of £70,000 and a collaborative work environment.
- Why this job: Make a real impact in a high-performing team while enhancing your compliance skills.
- Qualifications: 4+ years in Financial Crime compliance with strong UK and international expertise.
- Other info: No sponsorship available; apply quickly for this exciting opportunity!
The predicted salary is between 42000 - 84000 £ per year.
Job Description
Miryco Consultants are working with a global market leading Lloyd’s of London insurer to add a Financial Crime Manager to their Compliance team. This is a great opportunity to make an impact by joining a high-performing and collaborative team, operating both within Lloyd's of London and globally.
Responsibilities:
- Staying updated on regulatory changes relating to relevant financial crime legislation as well as, PRA, FCA, Lloyd’s and other regulations.
- Build out and maintain Financial Crime control frameworks and support regular risk assessments.
- Take a proactive approach to compliance risk management across to identify, monitor and report on compliance risk exposures and relevant controls.
- Act as a key point of contact for Financial Crime, building strong stakeholder relationships.
- Provide Compliance training to existing staff and new joiners.
Experience:
- 4+ years’ experience in a Financial Crime compliance role.
- Strong expertise in Financial Crime and sanctions, both in relation to the UK and insurance cover internationally.
- Lloyd’s Market experience desirable.
Location: City of London
Salary: £70,000 +
Please note, our client is unable to offer sponsorship for this opportunity. Finally, should you not be contacted within five working days of submitting your application, then unfortunately you have not been shortlisted for the opportunity. We will however, be in touch should there be any other opportunities of potential interest that are suiting to your skills.
For similar roles, please visit www.miryco.com.
Financial Crime Manager - Insurance - Lloyd\'s of London employer: Miryco Consultants Ltd
Contact Detail:
Miryco Consultants Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Crime Manager - Insurance - Lloyd\'s of London
✨Tip Number 1
Make sure to stay updated on the latest regulatory changes in financial crime legislation. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance and risk management.
✨Tip Number 2
Network with professionals in the Lloyd's of London market. Building relationships with key stakeholders can give you insights into the company culture and expectations, which can be invaluable during the interview process.
✨Tip Number 3
Prepare to discuss your experience in building and maintaining Financial Crime control frameworks. Be ready to share specific examples of how you've proactively managed compliance risks in your previous roles.
✨Tip Number 4
Consider brushing up on your training skills. Since the role involves providing compliance training, being able to articulate your approach to educating others on financial crime compliance will set you apart from other candidates.
We think you need these skills to ace Financial Crime Manager - Insurance - Lloyd\'s of London
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Financial Crime Manager position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to emphasize your 4+ years of experience in Financial Crime compliance. Include specific examples of your expertise in financial crime and sanctions, particularly in relation to the UK and international insurance.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of regulatory changes and your proactive approach to compliance risk management. Mention your ability to build strong stakeholder relationships and provide training, as these are crucial for the role.
Follow Application Instructions: Ensure you submit your application through the specified channels on the Miryco website. Double-check that all documents are included and formatted correctly before hitting 'submit'.
How to prepare for a job interview at Miryco Consultants Ltd
✨Understand Financial Crime Legislation
Make sure you are well-versed in the latest financial crime regulations, including those from the PRA, FCA, and Lloyd's. Being able to discuss recent changes and their implications will demonstrate your expertise and commitment to compliance.
✨Showcase Your Risk Management Skills
Prepare examples of how you've previously identified, monitored, and reported on compliance risks. Highlight your experience in building and maintaining control frameworks, as this is crucial for the role.
✨Build Strong Stakeholder Relationships
Be ready to discuss how you've successfully built relationships with stakeholders in past roles. This is key for a Financial Crime Manager, so share specific instances where your communication skills made a difference.
✨Prepare for Compliance Training Questions
Since providing compliance training is part of the job, think about your approach to training others. Be prepared to discuss how you would engage staff and ensure they understand financial crime compliance effectively.