Financial Crime Officer

Lockton; City of Westminster; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading insurance firm is seeking a Financial Crime Officer to support compliance objectives across its UK and International business. The role involves overseeing projects, mentoring junior team members, and ensuring adherence to relevant regulations. Candidates should have a background in Financial Crime, strong analytical and communication skills, and the ability to manage multiple priorities effectively. This position offers an opportunity to contribute to a collaborative compliance culture within a dynamic environment.

Qualifications

• Prior experience in Financial Crime roles with strong compliance focus.
• Ability to handle regulatory requirements effectively.
• Experience in mentoring and developing junior staff.

Responsibilities

• Manage sanctions screening system and clear alerts.
• Provide timely advice on Financial Crime to staff.
• Lead Financial Crime projects and initiatives.
• Develop and deliver training on Financial Crime matters.
• Conduct due diligence and investigate policy breaches.
• Monitor regulatory changes affecting the business.

Skills

Financial Crime compliance

Strategic and analytical thinking

Effective communication and presentation skills

Leadership and mentoring capability

Influencing and stakeholder engagement

Job description

As a Financial Crime Officer, you will play a key role in supporting the UK and International business in achieving its Financial Crime compliance objectives. Working closely with senior stakeholders and the wider Financial Crime Team, you will provide subject matter expertise, oversee projects, and contribute to the development of frameworks and strategies to ensure ongoing compliance with all relevant regulations. You will also take a proactive role in mentoring junior team members and fostering a collaborative compliance culture across the business.

Responsibilities

• Assist in the maintenance of the Lockton sanctions screening system for the UK and International Business Units, reviewing and clearing alerts in a timely manner.
• Provide expert, consistent, and timely advice and guidance on Financial Crime matters to operational staff and business leaders.
• Represent the Financial Crime function at meetings, contributing to issue resolution and risk management.
• Lead or manage Financial Crime projects and initiatives, working independently or in collaboration with others.
• Deliver and develop training content tailored to business units on specific Financial Crime matters, ensuring alignment with current regulations and best practices.
• Identify and investigate potential breaches of G&E policy and support appropriate remediation actions.
• Conduct and oversee third‑party and producing broker due diligence, including international reviews.
• Mentor junior team members, providing guidance, knowledge‑sharing, and support for professional development.
• Monitor the regulatory landscape, identify emerging issues, and assess implications for the business.
• Contribute to the production and analysis of management information and reporting.

An insurance background is advantageous but not absolutely essential. This role is ideal for candidates with prior Financial Crime experience. You will demonstrate sound judgment, a proactive work ethic, strong attention to detail, and the ability to manage multiple priorities with minimal supervision.

Key Competencies

• Strategic and analytical thinking
• Leadership and mentoring capability
• Influencing and stakeholder engagement
• Effective communication and presentation skills
• High data handling accuracy and attention to detail
• Ability to build a strong internal and external network
• Commercial awareness and understanding of business context
• Cross‑functional collaboration and project delivery
• Strong knowledge of Financial Crime legislation, including, but not limited to, OFAC, EU, and HMT sanctions