At a Glance
- Tasks: Lead financial crime framework and manage sanctions across UK regulated entities.
- Company: Optio, a dynamic player in the insurance sector with a focus on compliance.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Exciting role with opportunities to attend industry events and collaborate across teams.
- Why this job: Make a real impact in financial crime management while working with industry experts.
- Qualifications: Minimum two years' experience in financial crime, especially marine sanctions.
The predicted salary is between 59400 - 72600 £ per year.
Optio is looking for a Financial Crime Manager to lead the day-to-day financial crime framework across our UK regulated entities and support the wider group. This is a hybrid role with a London base, with occasional travel between offices and attendance at meetings and industry events when required. The successful candidate will also act as Deputy MLRO, working closely with the Head of Compliance and the wider business.
The role covers sanctions, money laundering and terrorist financing, bribery and corruption, and fraud. Marine sanctions experience is a mandatory requirement.
Candidates must have direct, hands-on experience of marine sanctions, including:
- Vessel screening
- Sanctions alert adjudication and escalation
- Advising on marine and specialty risks
- Working across OFSI, OFAC, EU and UN sanctions regimes
- Assessing dual-use exposure and the reach of US sanctions on dollar-denominated business
Applications from candidates without practical marine sanctions and vessel-screening experience will not be progressed.
Key responsibilities include:
- Owning financial crime policies, procedures, risk assessments and controls
- Managing sanctions screening, list updates, alerts, escalations and decision records
- Advising underwriters and the wider business on complex sanctions matters
- Overseeing financial crime risk across delegated authority arrangements, coverholders and brokers
- Monitoring premium and claims flows for financial crime indicators
- Deputising for the MLRO and supporting SAR and DAML decision-making
- Managing screening and case-management systems
- Producing financial crime management information for senior stakeholders
- Tracking FCA, Lloyd’s and sanctions developments
We are looking for someone with at least two years’ relevant financial crime experience in insurance or financial services. London Market, MGA or delegated authority experience is strongly preferred. You will need strong knowledge of the UK financial crime framework, practical experience of name and vessel screening, and the confidence to advise and challenge stakeholders across the business. A recognised qualification such as ICA or ACAMS would be an advantage.
Financial Crime Manager in City of London employer: Optio
Optio Group is an exceptional employer, offering a dynamic work environment in London that fosters innovation and collaboration within the insurance sector. With a strong commitment to employee growth, Optio provides comprehensive training and development opportunities, ensuring that team members can thrive in their careers while contributing to meaningful projects. The company promotes a culture of respect and inclusivity, making it a preferred choice for professionals seeking a rewarding and impactful career in underwriting.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Manager in City of London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Optio. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Crime Manager in City of London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Optio.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Optio's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Optio
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Optio.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Optio will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Optio employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
