Financial Crime Analyst

Davies; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading company in the professional services and technology sector is looking for a Financial Crime Analyst to handle sanctions referrals and support broader financial crime activities. The role involves ensuring regulatory compliance, conducting risk assessments, and delivering training on financial crime topics. Ideal candidates will have a strong background in financial regulations, experience in risk management, and excellent analytical skills. Join a growing team that values innovation and supports professional development as they help clients manage risks effectively.

Qualifications

• Experience in sanctions risk management, especially complex referrals.
• Strong understanding of UK, US, and EU financial crime regulations.
• Ability to form good working relationships and communicate effectively.

Responsibilities

• Handle sanctions referrals and conduct financial crime monitoring.
• Provide high-quality sanctions advice to managed clients.
• Deliver financial crime training and assist in onboarding processes.

Skills

Analytical skills

Attention to detail

Communication

Teamwork

Education

Degree level education preferable

ACII qualification or working towards it

Tools

Microsoft Office

Job description

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Main purpose of job:
As a Financial Crime Analyst, you will primarily handle sanctions referrals, including complex cases, ensuring regulatory compliance and mitigating risks. You will also support broader financial crime activities, such as risk assessments, control improvements, deep dives and training for Asta’s clients.

Key tasks
| 1 | Assist the Financial Crime function in responding to syndicate queries, primarily related to sanctions referrals, complex cases, and broader financial crime risks, including AML, fraud, and bribery and corruption.
| 2 | Provide high-quality sanctions advice to managed clients within established SLAs, ensuring regulatory alignment and effective risk management.
| 3 | Conduct financial crime monitoring of syndicate activities, assessing sanctions compliance, AML/CTF risks, and regulatory obligations, while providing detailed analysis and commentary.
| 4 | Prepare financial crime-related regulatory returns for submission, ensuring accuracy and compliance with relevant frameworks.
| 5 | Provide reliable financial crime analysis, insights, and guidance to the Financial Crime Manager and other staff at Asta and its syndicates to support effective risk mitigation.
| 6 | Deliver online and face-to-face financial crime training to Asta staff and managed clients, covering sanctions compliance, client due diligence checks, and emerging financial crime threats.
| 7 | Assist the Financial Crime Manager in the on-boarding process for new Asta clients and the migration process for exiting clients, ensuring robust financial crime controls.
| 8 | Participate in financial crime-related projects and initiatives, adapting to emerging risks and regulatory developments.

Key personal skills:

Key personal skills
1 | Accurate and analytical, with good attention to detail.
2 | Flexibility with the ability to apply a compliance perspective to complex operational situations.
3 | Ability to form good working relationships with internal and external stakeholders and work as part of a team.
4 | Excellent communication skills, both written and verbal.
5 | Displays initiative and an ability to work without close supervision.
6 | Positive attitude and willingness to learn

Key Skills, Knowledge and Expertise

1 | Strong understanding of UK, US and EU financial crime regulations within the insurance sector, with experience working in a Lloyd’s managing agent preferable.
2 | Proven ability to apply financial crime regulatory knowledge within an insurance business, particularly in areas such as sanctions.
3 | Direct experience in sanctions risk management, including complex referrals, would be highly advantageous.
4 | Degree level education preferable and ACII qualified, or working towards this.
5 | Competent user of Microsoft Office (including Outlook, Word, Excel and PowerPoint).

We are a specialist professional services and technology firm, working in partnership with leading insurance, highly regulated and global businesses.

We help our clients to manage risk, operate their core business processes, transform and grow. We deliver professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation & risk, customer experience, human capital, digital transformation & change management.

Our global team of more than 8,000 professionals operate across ten countries, including the UK & the U.S. Over the past ten years Davies has grown its annual revenues more than 20-fold, investing heavily in research & development, innovation & automation, colleague development, and client service. Today the group serves more than 1,500 insurance, financial services, public sector, and other highly regulated clients.