Compliance Officer

Posted 16 April by Arthur

Salary negotiable

City of London , London

Permanent, full-time

Arthur are working with a Lloyd's Managing Agent that require a Compliance Officer to join their growing team.

Reporting into the Compliance Manager, you will be in a generalist advisory position with a specific focus on financial crime.

Main Duties

Advising in relation to licensing and financial crime.
Acknowledging and advising on all KYC requests from third parties and produce a standard compliance KYC response document.
Managing the review of the daily sanctions alerts via the various screening systems.
Contributing towards the execution of the annual risk assessment of every key area’s exposure to and control over financial crime, evaluating their controls and their understanding of the company-wide controls in place, ensuring the follow-up of any recommendations.
Helping with the implementation of any findings arising from the historic financial crime risk assessments.
Certifying that all financial crime training modules remain up-to-date, providing effective training to staff, as required.
Aiding in the completion of new licensing applications and renewals of licences across all worldwide entities of the business, sustaining relationships with numerous overseas regulators.
Helping the team with the completion of the monitoring activities that make up the compliance monitoring programme and recognise and aid the implementation of improvements to this programme as necessary.
Supporting as required and perform tasks requested such as horizon scanning; regulatory returns; compliance projects etc.

Key Skills

Impeccable knowledge and experience of the application of UK, EU, USA and UN sanctions in the insurance sector as well as international licensing requirements.
Demonstrating a high level of problem solving skills and the application of a risk-based methodology to resolve issues.
Excellent interpersonal skills, able to communicate effectively with a wide range of people face to face and over the telephone, Teams etc.
Good written communication skills in order to respond to correspondence in a professional and concise way.

Reference: 52483723

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