At a Glance
- Tasks: Conduct sanctions screening, risk assessments, and provide practical guidance to stakeholders.
- Company: Join a growing compliance function in the dynamic insurance market.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Ideal for those passionate about compliance and financial crime prevention.
- Why this job: Make a real impact on financial crime risk management in a fast-paced setting.
- Qualifications: Experience in the insurance sector, particularly within Lloyd’s or London Market.
The predicted salary is between 55000 - 70000 £ per year.
We are seeking an experienced Senior Financial Crime Analyst to join a growing compliance function within the insurance market. This role has a strong focus on sanctions compliance and requires an individual with proven experience providing sanctions advisory support, conducting financial crime risk assessments, and managing complex sanctions matters within the insurance sector. This is not purely an operational screening role. The successful candidate will be expected to demonstrate strong analytical capability, sound judgement, and the ability to provide practical sanctions guidance to business stakeholders across complex insurance activities.
Please note: Previous insurance market experience is essential. Experience within the Lloyd’s and/or London Market insurance environment is required. Experience supporting marine insurance business lines and assessing sanctions risks arising from marine insurance placements is highly desirable. Sponsorship is not available for this position. Applicants must already have the right to work in the UK.
The successful candidate will support the ongoing operation and enhancement of the financial crime framework, with a particular focus on sanctions compliance. The role combines sanctions investigations and screening activity with broader advisory responsibilities, risk assessment work, and ongoing enhancement of financial crime controls and governance.
Key Responsibilities
- Conduct sanctions screening and enhanced due diligence for clients, counterparties, and transactions.
- Review, investigate, and resolve sanctions alerts, escalating complex or high-risk matters where appropriate.
- Assess sanctions-related referrals and provide clear, practical, and commercially focused guidance to business stakeholders.
- Conduct sanctions and financial crime risk assessments across business activities, clients, jurisdictions, and transactions.
- Support the business in identifying, understanding, and mitigating sanctions-related risks.
- Maintain accurate records of sanctions investigations, assessments, and decisions.
- Support monitoring activities relating to sanctions and financial crime controls, identifying potential risks, breaches, or control weaknesses.
- Assist with investigations into potential sanctions or financial crime issues.
- Contribute to management information and reporting for governance committees and senior stakeholders.
- Monitor developments in UK, EU, US (OFAC), UN, and other relevant sanctions regimes and assess their impact on the business.
- Support updates to policies, procedures, and controls in line with regulatory developments and emerging risks.
- Assist with sanctions licensing considerations and regulatory engagement where required.
- Contribute to financial crime risk assessments and periodic control effectiveness reviews.
- Support responses to internal audit and regulatory requests.
- Promote a strong compliance culture through effective stakeholder engagement, challenge, and advisory support.
Skills & Experience Required
- Essential experience working within the insurance sector, specifically within the Lloyd’s and/or London Market environment.
- Strong experience in sanctions advisory work and financial crime risk assessments, not solely sanctions screening operations.
- Experience assessing complex sanctions risks and providing clear, practical guidance to stakeholders.
- Strong knowledge of sanctions regimes including UK, EU, US (OFAC), and UN sanctions.
- Experience conducting sanctions investigations and enhanced due diligence.
- Good understanding of financial crime regulations including AML requirements, FCA expectations, and relevant UK legislation.
- Experience supporting marine insurance business lines and understanding sanctions considerations within marine insurance placements is highly desirable.
- Strong analytical and investigative skills with excellent attention to detail.
- Strong written communication and reporting skills.
- Ability to manage competing priorities in a fast-paced environment.
- Effective stakeholder management skills across varying levels of seniority.
Desirable Qualifications
- Professional qualifications in insurance or financial crime are advantageous, including: ICA, ACAMS, CII.
What We’re Looking For
We are looking for a collaborative and commercially aware compliance professional who demonstrates integrity, sound judgement, and a proactive approach to sanctions and financial crime risk management. The ideal candidate will be comfortable operating in a fast-paced insurance environment and capable of balancing regulatory requirements with practical business support.
Senior Financial Crime Analyst in City of London employer: Nashrock Insurance Recruitment
As a Senior Financial Crime Analyst in our dynamic compliance function within the insurance market, you will thrive in a supportive work culture that prioritises integrity and collaboration. We offer robust employee growth opportunities, including professional development in sanctions compliance and financial crime risk management, all while working in the heart of London’s vibrant insurance sector. Join us to make a meaningful impact in a role that combines analytical challenges with practical business support, ensuring a rewarding career path in a leading insurance environment.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Crime Analyst in City of London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Nashrock Insurance Recruitment looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Financial Crime Analyst in City of London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Nashrock Insurance Recruitment. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Nashrock Insurance Recruitment’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
