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Senior Compliance Officer

Senior Compliance Officer

  • Location

    City of London

  • Sector:

    Compliance and Legal

  • Job type:

    Permanent

  • Salary:

    £70000.00 - £80000 per annum

  • Contact:

    Raj Basra

  • Contact email:

    r.basra@finitas.co.uk

  • Job ref:

    BBBH83501_1659698987

  • Published:

    10 days ago

  • Consultant:

    Raj Basra

Senior Compliance Officer | London Market Insurer | London / WFH | £70- 80,000 (doe)

Finitas are delighted to be working with an established London market insurer in their search for a Senior Compliance Officer to join their growing Compliance function. The position will be concentrating on Financial Crime and have one direct report.

Some responsibilities include:

  • Provide advice and expertise on Licensing and Financial Crime matters (Sanctions, AML, ABC, Conflicts of Interest, Gifts & Entertainment, Fraud, Tax Evasion, POCA, Market Abuse).
  • Complete new licensing applications and renewals of licences across the globe, maintaining relationships with overseas regulators
  • Annual review of the Financial Crime Manual and Conflicts of Interest Policy.
  • Perform an annual risk assessment of every division's exposure to and control over financial crime
  • Annual review of the Whistleblowing Policy and production of twice-yearly whistleblowing reports
  • Carry out the quarterly Segregation of Duty reviews

Experience required:

  • Minimum 5 years compliance experience
  • Must be from an insurance background - ideally London market
  • Strong knowledge and experience of the application of UK, EU, USA and UN sanctions in the (re)insurance sector.
  • Ability to manage own workload and that of direct report
  • Excellent interpersonal skills and communication skills

Please note they operate on a hybrid working model where you be required to work in the office 3 days a week.

This is a great time to be joining a dynamic team that have gone from strength to strength and have been described as a "compliance centre of excellence". There will be plenty of opportunity for further growth & development, so if you have the right experience, please apply now! Or alternatively, please get in touch with Raj on 02038079714 / r.basra @ finitas.co.uk