Financial Crime Officer

Lockton Companies; Peacehaven; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance and risk management firm in the UK is seeking a Financial Crime Officer to support compliance objectives. The role involves mentoring junior team members, advising on Financial Crime matters, and leading projects to ensure adherence to regulations. Ideal candidates will have experience in Financial Crime, strong strategic thinking, and effective communication skills. This role offers a collaborative environment focused on compliance and risk management.

Qualifications

• Prior experience in Financial Crime is preferred.
• Proven ability to manage multiple priorities independently.
• Demonstrate sound judgment and a proactive work ethic.

Responsibilities

• Assist in maintaining the sanctions screening system.
• Provide timely advice on Financial Crime matters.
• Lead Financial Crime projects and initiatives.
• Deliver training content on Financial Crime matters.
• Monitor regulatory landscape and assess emerging issues.

Skills

Strategic thinking

Analytical thinking

Leadership skills

Stakeholder engagement

Effective communication

Attention to detail

Cross-functional collaboration

Commercial awareness

Education

ICA Certificate or Cert CII

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.

Role 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.

Candidate Profile

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.

• 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

Desirable Qualifications and Knowledge:

Professional qualification such as ICA Certificate or Cert CII