At a Glance
- Tasks: Conduct sanctions screening, risk assessments, and provide advisory support in the insurance sector.
- Company: Join a growing compliance function within a leading insurance market.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Fast-paced environment with opportunities for career growth and collaboration.
- Why this job: Make a real impact on financial crime compliance while working with industry experts.
- Qualifications: Experience in the insurance sector, particularly in sanctions advisory and risk assessments.
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.
What We’re Looking ForWe 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 Slough employer: Nashrock Insurance Recruitment
Join a dynamic and supportive team as a Senior Financial Crime Analyst in the heart of the London insurance market, where your expertise in sanctions compliance will be valued and nurtured. Our company fosters a collaborative work culture that prioritises employee growth through continuous learning opportunities and professional development, ensuring you can thrive in your career while making a meaningful impact in the financial crime compliance landscape. With a focus on innovation and integrity, we offer a unique environment that encourages proactive engagement and provides the resources needed to excel in this critical role.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Crime Analyst in Slough
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance sector, especially those familiar with 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 regimes and financial crime regulations. We recommend having real-life examples ready to showcase your analytical skills and how you've tackled complex issues in the past.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Senior Financial Crime Analyst in Slough
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. Mention specific experiences that demonstrate your analytical skills and ability to provide practical guidance on sanctions matters. Let us know why you’re excited about joining StudySmarter!
Showcase Relevant Experience:Don’t forget to showcase your previous experience in the Lloyd’s and London Market environments. If you've worked with marine insurance or have dealt with complex sanctions risks, make sure to highlight those experiences. We love seeing candidates who understand our industry!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it shows us you’re keen to join 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 specific examples of how these regulations impact the insurance sector will show that you’re not just familiar with the theory but can apply it practically.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical capabilities by discussing past experiences where you conducted financial crime risk assessments or resolved complex sanctions alerts. Use real-life scenarios to illustrate your problem-solving skills and sound judgement.
✨Engage with Stakeholders
Think about how you’ve effectively communicated with various stakeholders in previous roles. Be ready to share examples of how you provided practical guidance to business units, especially in high-pressure situations. This will highlight your stakeholder management skills.
✨Stay Updated on Industry Trends
Familiarise yourself with recent developments in the insurance market, particularly around marine insurance and sanctions compliance. Showing that you’re proactive about staying informed will impress interviewers and demonstrate your commitment to the role.
