Job Description

About the role

Key responsibilities and accountabilities will include but are not limited to:

Advisory and oversight

Deliver high-quality and timely regulatory and compliance advice to the business in a practical and commercially focused way in relation to financial prevention and all relevant matters that reduce risk and resolve issues.
Lead the analysis of complex sanctions cases across UK, EU, US, Canadian and Australian regimes.
Oversee any suspected financial crime-related regulatory and policy breach or incident investigations, escalating findings and recommendations to the UK Head of Compliance.
Support the Money Laundering Reporting officer (MLRO) in the performance of their full range of duties, including undertaking a preliminary screening and analysis of Suspicious Activity Reports (SARs) submitted by employees, advising the MLRO on whether disclosures should be passed on to external authorities.
Lead on the Compliance review of broker additional commission arrangements.
Perform horizon scanning for any relevant financial crime matters and communicate key changes at the Regulatory Horizon Scanning meeting.
Manage personal workload proactively to support both the UK Compliance Team and International Compliance colleagues as required.
Review and approve all escalations of screening alerts from the Compliance Operations team.
Perform financial crime related monitoring activity.

Governance

Responsible for maintaining financial crime-related framework, policies, procedures and guidance documents.

MI and Reporting

Prepare external financial crime and sanctions-related reports (such as licence applications, SARs, and Frozen Assets Report).
Support with the management of any financial crime projects for the Group.
Prepare financial crime related content/reports for Risk Committee, Boards and other meetings as required.
Responsible for developing and enhancing existing financial crime-related MI, KPIs and KRIs.

Training

Support the development of junior members of the team.

About you

A highly experienced second line compliance professional with strong expertise in financial crime systems and controls within the Lloyd's, Coverholder or UK company market insurance environment.

Skilled at analysing, interpreting and communicating complex regulatory matters to varied audiences, with excellent written and verbal communication, report writing and attention to detail.

Builds strong, collaborative relationships with internal and external stakeholders and has a solid understanding of international financial crime laws and regulations, sanctions, delegated authority arrangements, and the design and implementation of effective financial crime controls.

Employment Type: Fixed Term - Full Time
Location: UK - London
Workplace type: Hybrid
Reporting To: Alex Kasparian
Department: Governance

About the Company

About CFC

CFC is a specialist insurance provider, pioneering emerging risk and market leader in cyber. Our global insurance platform uses cutting-edge technology and data science to deliver smarter, faster underwriting and protect customers from today's most critical business risk.

Headquartered in London with offices in New York, Melbourne, Sydney, Austin, Madrid, Brussels and Brisbane, CFC has over 1200 staff and is trusted by more than 100,000 businesses across 90 countries.

At CFC, insurance isn't just about underwriting. From data science to software development, and digital marketing design, we've got something for everyone. We're passionate about pushing boundaries, thinking differently and building the insurance company of the future.

CFC is committed to the principles of equal opportunities and creating an environment in which all individuals are always treated with dignity and respect. We encourage a diverse corporate culture of openness and appreciation to create an environment in which your talent can be developed in the best possible way.

Core Values

Love what you do:

We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.

Challenge everything:

We're never afraid to question the way that things are done and we constantly challenge ourselves and others to makes things better.

Have fun, be good:

Insurance is a serious business, but we don't take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.

Similar Jobs