At a Glance
- Tasks: Conduct sanctions screening, risk assessments, and provide practical guidance to stakeholders.
- Company: Join a leading insurance firm focused on compliance and financial crime prevention.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Previous insurance market experience is essential; right to work in the UK required.
- Why this job: Make a real impact in the fight against financial crime within the insurance sector.
- Qualifications: Proven experience in sanctions compliance and financial crime risk assessments.
The predicted salary is between 55000 - 65000 £ 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.
Senior Financial Crime Analyst employer: Nashrock Insurance Recruitment
As a leading player in the insurance market, our company offers an exceptional work environment for Senior Financial Crime Analysts, characterised by a strong commitment to compliance and employee development. We foster a collaborative culture that encourages analytical thinking and provides ample opportunities for professional growth, particularly within the dynamic Lloyd’s and London Market. Our focus on sanctions compliance not only enhances your expertise but also allows you to make a meaningful impact in a vital sector.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Crime Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector, especially those with experience in financial crime compliance. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of sanctions compliance and financial crime risk assessments. We recommend practising common interview questions and scenarios related to the insurance market to show off your expertise.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that match your skills and experience in the insurance sector, especially those involving marine insurance.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for their team.
We think you need these skills to ace Senior Financial Crime Analyst
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 any relevant work within the insurance market, especially if you've dealt with marine insurance. We want to see how your background fits our needs!
Showcase Your Analytical Skills:In your application, emphasise your strong analytical capabilities and sound judgement. Provide examples of how you've tackled complex sanctions matters or conducted financial crime risk assessments. This will help us see your problem-solving skills in action!
Be Clear and Concise:When writing your application, keep it clear and to the point. Use straightforward language to explain your experience and how it relates to the responsibilities outlined in the job description. We appreciate a well-structured application that gets straight to the heart of your qualifications.
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 you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Nashrock Insurance Recruitment
✨Know Your Sanctions Inside Out
Make sure you brush up on the latest sanctions regulations, especially those relevant to the UK, EU, and US. 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 from your past experience where you've successfully conducted financial crime risk assessments or resolved complex sanctions matters. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your analytical capabilities.
✨Understand the Insurance Landscape
Familiarise yourself with the specific challenges and nuances of the insurance market, particularly within the Lloyd’s and London Market. Be ready to discuss how your previous experience aligns with these aspects and how you can contribute to enhancing the financial crime framework.
✨Engage with Stakeholders
Think about how you can effectively communicate practical sanctions guidance to business stakeholders. Prepare to discuss strategies you've used in the past to promote a strong compliance culture and how you can apply those strategies in this new role.
