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 chance to make a real impact.
- Other info: Opportunity for career growth and to promote a strong compliance culture.
- Why this job: Be at the forefront of financial crime prevention in a fast-paced environment.
- Qualifications: Experience in the insurance sector and strong analytical skills required.
The predicted salary is between 60000 - 75000 £ 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.
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.
- 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.
- Professional qualifications in insurance or financial crime are advantageous, including: ICA, ACAMS, CII.
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 London employer: Nashrock Insurance Recruitment
Join a dynamic and supportive team within the insurance sector, where your expertise as a Senior Financial Crime Analyst will be valued and nurtured. Our company fosters a collaborative work culture that prioritises employee growth through continuous learning opportunities and professional development, all while being at the heart of the vibrant Lloyd's and London Market. With a strong commitment to compliance and ethical practices, we offer a rewarding environment for those looking to make a meaningful impact in financial crime risk management.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Crime Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector, especially those familiar with sanctions compliance. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of current sanctions regimes. Be ready to discuss how you’ve tackled complex financial crime issues in the past. We want to see your analytical skills in action!
✨Tip Number 3
Showcase your experience with marine insurance placements if you have it. This niche knowledge can set you apart from other candidates. Make sure to highlight any relevant projects or challenges you've faced in this area.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our platform.
We think you need these skills to ace Senior Financial Crime Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Financial Crime Analyst role. Highlight your experience in sanctions compliance and financial crime risk assessments, especially within the insurance sector. We want to see how your background aligns with what we're looking for!
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 your experience with sanctions advisory work and how you've tackled complex issues in the past. We love a good story!
Show Off Your Analytical Skills:Since this role requires strong analytical capabilities, make sure to showcase your problem-solving skills in your application. Provide examples of how you've assessed risks or provided practical guidance in previous roles. We want to see that you can think critically!
Apply Through Our Website:Don't forget to apply 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 the StudySmarter team!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Sanctions Inside Out
Make sure you brush up on the latest UK, EU, US (OFAC), and UN sanctions regimes. Being able to discuss recent changes and their implications for the insurance sector will show that you're not just knowledgeable but also proactive in staying updated.
✨Showcase Your Analytical Skills
Prepare examples of how you've conducted financial crime risk assessments or managed complex sanctions matters in the past. Use specific scenarios to demonstrate your analytical capability and sound judgement, as these are key traits for the role.
✨Engage with Stakeholders
Think about how you've effectively communicated with business stakeholders in previous roles. Be ready to share instances where you provided practical sanctions guidance or resolved complex issues, highlighting your stakeholder management skills.
✨Familiarise Yourself with Marine Insurance
If you have experience in marine insurance, be prepared to discuss it in detail. If not, do some research on the unique sanctions risks associated with marine placements. This will show your commitment to understanding the nuances of the role and the industry.
