Senior Financial Crime Officer
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job Title: Senior Financial Crime Officer (Governance & Training)
Location: City of London
Direct Reports: 2
Position Type: 35 hours per week Permanent
Hybrid working: 3 days in the office
Overview:
Why Tokio Marine HCC
Standing still is not an option in the current world of Insurance. TMHCC are one of the worlds leading Specialty Insurers. With deep expertise in our chosen lines of business our unparalleled track record and a solid balance sheet TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit empowering our people and delivering on our commitments are at the core of our customer values and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose:
This newly created role presents a unique opportunity to make an impact in an expanding Financial Crime team.
The Senior Financial Crime Officer (Governance & Training) will be responsible for critical elements of TMHCCIs Financial Crime Framework including supporting the delivery of a robust Governance and Training framework that provides senior leadership and the business with awareness and visibility across:
- All pillars of financial crime (Sanctions Anti-Money Laundering (AML)/ Counter-Terrorist Financing (CTF) Anti-Bribery and Corruption (ABC) Fraud Market Abuse and Anti-Tax Evasion Facilitation) and
- TMHCCIs Licensing compliance as necessary.
Reporting to the Head of Financial Crime this role will focus on maintaining enhancing and implementing financial crime policies and procedures conducting risk assessments and ensuring that company controls support adherence to all relevant laws and regulations applicable to THMCCI (UK and International) and across the jurisdictions that Tokio Marine Europe S.A. (TME) operates in Europe.
Key Responsibilities:
- Develop and lead a team to deliver a robust Financial Crime and as necessary Licensing Governance control framework including identifying and implementing enhancements as necessary.
- Ensure senior management and relevant Committee visibility of key risks and the appropriate escalation and resolution of financial crime and regulatory matters.
- Deliver the annual risk assessment exercise ensuring the mapping of each divisions exposure to and control over financial crime evaluation of controls forming recommendations and the follow-up of any remediation activities.
- Annual review of all financial crime related policies procedures and guidance (including the Financial Crime Framework Sanctions ABC AML Anti-Fraud and where required Tax Evasion Policies)
- Review and maintenance of the High-Risk Business Approval List.
- Delivery of key financial crime related MI and Committee reports.
- Manage the delivery of key financial crime controls including the quarterly Segregation of Duty reviews and Gifts & Entertainment registers.
- Promote a culture of compliance through ongoing horizon scanning across relevant financial crime and licensing developments and acquiring and sharing knowledge to support compliance with applicable laws and regulations.
- Perform impact assessments on financial crime regulatory changes as necessary.
- Deliver communications to the business to ensure awareness of contemporary financial crime and licensing issues trends or risks.
- Oversee and deliver annual and bespoke training ensuring modules remain current and provide specialist training to staff as required.
- Manage coach and develop team members including ensuring comprehensive understanding of all financial crime pillars and where required TMHCCs licensing authorisations and permissions.
- Support the Financial Crime team on other matters such as regulatory returns; regulatory relationships; business queries; financial crime projects and other workstreams of the broader International Compliance team.
- Participate in all departmental activities (training controls maintenance and reporting) as required.
Skills and Experience Specification:
- Senior Financial Crime Officer with 6 years experience in financial crime in the (re)insurance industry.
- Demonstrable experience leading and managing a team.
- Proven experience in developing and implementing financial crime compliance programs leading and conducting risk assessments and delivering training.
- Knowledge and experience of the application of UK EU US and UN sanctions in the (re)insurance sector.
- Demonstrate a high level of analytical and problem-solving capability and the ability to resolve issues.
- An instinct to be proactive identifying improvements to the departments ways of working reporting and communications.
- Demonstrate a risk-based methodology in work methods and reporting.
- Ability to manage own workload and that of direct reports prioritising tasks appropriately and ensuring that agreed delivery dates are achieved.
- Excellent interpersonal and presentation skills with the ability to communicate effectively with a wide range of people.
- Good written communication skills and proven track record of delivering clear and fit-for-purpose documents including procedures and guidance.
What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit for more information about our companies.
#LI-BU1 #LI-Hybrid
Required Experience:
Senior IC
Key Skills
- Internal Audit
- Financial Performance
- Financial Goals
- Financial Policies
- Journal Entries
- Accounting
- General Ledger Accounts
- Financial Statements
- Financial Transactions
- Financial Procedures
- Annual Budget
- Ensure Compliance
- Powerpoint
- CPA
- Financial Management
About Company
Tokio Marine HCC - Surety Group is a leading provider of surety bonds that help businesses and individuals provide their customers with confidence and security.
