Group Financial Crime Manager




Department: Governance




Employment Type: Permanent - Full Time




Location: UK - London




Reporting To: Alex Kasparian




Description




Join CFC's Compliance team and help protect our business and customers from financial crime. We're hiring a Group Financial Crime Manager (SM&CR Certified Function) to shape and strengthen our financial crime framework across the Group, working closely with senior stakeholders in a fast-paced, technology-led insurance environment.



You'll support the enhancement, delivery and implementation of CFC's financial crime framework and controls across the Group.



As a key SME within the second line Compliance team, you'll provide pragmatic, commercially minded advice to help prevent financial crime across CFC Underwriting and other Group entities, and ensure our policies, standards and approach meet legal and regulatory requirements.



You'll work closely with the wider Governance team and senior stakeholders across the business.




About the role




Key responsibilities



Your responsibilities will include but are not limited to:

• Provide pragmatic, commercially minded financial crime advice to the business.


• Support the MLRO, including screening and analysis of internal SARs and advice on onward disclosures.


• Oversee the Group's sanctions screening solution and approve escalations of screening alerts.


• Analyse complex sanctions cases across UK, EU, US, Canadian and Australian regimes.


• Support and oversee investigations into suspected financial crime incidents/breaches (including fraud), escalating findings and recommendations as needed.


• Review broker additional commission arrangements.


• Horizon scan for financial crime-related developments and communicate key changes at relevant governance forums.


• Develop, enhance and maintain financial crime policies, procedures, guidance and the wider framework, including completion of the annual Financial Crime Risk Assessment.


• Deliver internal/external reporting and strengthen MI, KPIs and KRIs (including monthly frozen funds reporting).


• Design and deliver tailored financial crime and sanctions training and communications; coach junior colleagues.


• Manage workload proactively and collaborate with UK and international Compliance colleagues as needed.

About you



To be considered for this opportunity you must have strong second line compliance experience (up to 8 years) in the UK insurance market (e.g Lloyd's managing agent / Cover holder or UK company market insurer). Other experience needed:

• Extensive knowledge of international financial crime regulation and expectations for insurers (especially sanctions)


• Excellent communication and report-writing skills, with strong attention to detail.


• Comfortable working autonomously at pace, using sound judgement and discretion.


• Strong stakeholder management skills and the ability to explain complex topics clearly.


• Experience working with delegated authorities, including understanding of binding authority agreements.

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.