Summary: The Senior Financial Crime Analyst role involves providing strategic financial crime advice within the insurance sector, focusing on compliance and risk management. The position requires undertaking sanctions checks, conducting due diligence, and contributing to financial crime monitoring and reporting. The role is hybrid, requiring three days a week onsite in London, and is classified as inside IR35.
Key Responsibilities:
- Support Financial Crime Specialists and Compliance function with timely financial crime advice.
- Undertake sanctions checks and assess applicable sanctions regimes.
- Conduct robust financial crime due diligence for new and renewal business.
- Assist with strategic reviews of internal frameworks related to financial crime.
- Contribute to quarterly Financial Crime MI and reports for Boards and Committees.
- Support Compliance Business Partner with Financial Crime Horizon Scanning.
- Work with Risk and Compliance Transformation team to improve financial crime processes.
Key Skills:
- Understanding of global sanctions regulation and financial crime laws.
- Experience applying regulations across various insurance product types.
- Knowledge of financial crime risk management frameworks.
- Strong communication skills for complex topics.
- Relevant insurance experience, preferably in the London/Lloyd’s market.
Salary (Rate): undetermined
City: London
Country: United Kingdom
Working Arrangements: hybrid
IR35 Status: inside IR35
Seniority Level: undetermined
Industry: Other
Senior Financial Crime Analyst
We are currently recruiting for a Snr Financial Crime Analyst with Insurance experience to join one of our Insurance clients on a 6-month contract.
Inside IR35 Hybrid- 3 days a week onsite in London
Responsibilities
- Supporting the Financial Crime Specialists and the Compliance function in providing appropriate, timely and strategic Financial Crime advice to the business in a clear, effective, and efficient manner.
- Undertaking sanctions checks including detailed and strategic assessments of the application of applicable sanctions regimes and relevant export control measures to specific coverages.
- Conduct robust Financial Crime due diligence for new business opportunities and renewal business.
- Assisting the Financial Crime Specialists with conducting strategic reviews of internal frameworks relevant to financial crime systems and controls.
- Financial Crime Monitoring and Reporting
- Contributing to the creation of quarterly Financial Crime MI and reports for Boards and Committees.
- Supporting the Compliance Business Partner with Financial Crime Horizon Scanning.
- Work with Risk and Compliance Transformation and Change team to support the delivery of strategic Financial Crime process improvements, including new technology solutions.
Experience
- A good understanding of global sanctions regulation as well as wider financial crime laws and regulations with experience in applying them across a variety of Insurance product types
- An understanding of a financial crime risk management framework to mitigate financial crime risks faced by the business and meet regulatory and legal expectations.
- Ability to communicate complex topics in a simple and audience-sensitive way both verbally and in writing.
- Relevant insurance experience, preferably within the London/ Lloyd’s market.
