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 collaboration with various teams to enhance financial crime processes and reporting. This is a 6-month contract based in London, with a hybrid working arrangement. The role is classified as inside IR35.
Key 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.
Key Skills:
- 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.
Salary (Rate): undetermined
City: London
Country: UK
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.
Guidant, Carbon60, Lorien & SRG - The Impellam Group Portfolio are acting as an Employment Business in relation to this vacancy.
