Compliance Officer, Financial Crime
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Job Summary
In good company.
Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty Hamilton Select and Hamilton Re each with dedicated and experienced leadership provide access to diversified and profitable business around the world.
Headquartered in Bermuda Hamilton has over 600 employees with key underwriting operations in London Bermuda the US and work collaboratively we share a passion for the service and results we deliver and we know that what we do each day is meaningful to our customers and our business. We believe we are In good company. with everyone we interact with.
Were looking for a
Compliance Officer Financial Crime
Based in London and reporting into the Compliance Manager Financial Crime this is an important role within the Global compliance function supporting the culture of compliance and good governance across a range of Hamilton group companies (including a Lloyds managing agent an Irish insurance company a Bermudan reinsurer US surplus lines carrier and a US MGA).
The role holder will be well-organised and proactive using their knowledge experience and skills to support Hamiltons Financial Crime doing so the capability to see the big picture beyond the task at hand as well as a strong detail orientation will be crucial to success
What you will do
Assist the Compliance Manager Financial Crime in the following areas:
- Provide compliance and procedural advice across all Financial Crime subject areas (Sanctions AML Fraud Bribery & Corruption Gifts & Entertainment Market Abuse Terrorist Financing and Tax Evasion) based on relevant international and jurisdictional specific regulatory requirements / laws and Hamilton group policy
- Review and determine the appropriate course of action in respect matters flagged by Hamiltons Financial Crime screening tools (e.g. Economic Sanctions PEPs Beneficial Owners Adverse Media etc)
- Review and determine the appropriate course of action in respect of matters referred to the Compliance team regarding business transactions involving High Risk Jurisdictions (e.g. Economic Sanctions AML etc)
- Develop implement and maintain Hamiltons Financial Crime framework policies procedures and record keeping
- Carry out the annual Financial Crime Risk Assessment propose required changes to the Financial Crime Framework and prepare the MLRO and other status reports
- Respond to referrals questions and information requests from business stakeholders concerning all aspects of Financial Crime
- Maintaining company records relating to Financial Crime including Gifts & Entertainment Conflicts of Interest registers etc
- Co-ordinate the reporting of Financial Crime matters to relevant regulators and other government agencies including breaches and suspicious activity reporting
- Assist with the preparation of requests for licenses e.g. economic sanctions and embargos
- Assist in the creation of SARs and internal and external investigations relating to financial crime.
- Conduct monitoring of High risk jurisdictions and prepare MI relating to risk written in those jurisdictions
- Review and aid in the development of financial crime procedures applicable to multiple jurisdictions.
Conduct Standards
- You must act with integrity
- You must act with due skill care and diligence
- You must be open and cooperative with the CBI FCA the PRA and other regulators
- You must pay due regard to the interests of customers and treat them fairly
- You must observe proper standards of market conduct
- You must act to deliver good outcomes for retail customers
What you require for the role
- A working knowledge of relevant Financial Crime laws and regulations (specifically UK US and Europe)
- Relevant experience in a Financial Crime related role in a Lloyds managing agent or a general insurer
- Report writing skills
- Good interpersonal and communication skills with the ability to build effective working relationships at all levels
- Ability to think critically identify and analyse problems and develop effective solutions
- Proven track record of working to deadlines and delivering assignments on time
- Adaptability and a willingness to learn and improve processes
- Self-motivated proactive collaborative and helpful to colleagues; following up tasks appropriately and keeping the team up to date on activities and progress
- Open innovative and inclusive mindset
- Collaborative spirit
- Results-oriented and growth mindset
What you can expect from us
We offer a vibrant entrepreneurial and collaborative culture guided by our values: Be Smart Be Sensible Be Open and Be More.
Our employees consistently say they would recommend Hamilton as a great place to work a testament to the inclusive supportive and empowering culture weve built together. We embrace individuality value diverse perspectives and recognise the unique contribution each person makes to our continued success.
Hamilton offers a competitive salary with an annual performance-based target bonus and a comprehensive benefits package which includes:
- Hybrid working
- Non-contributory pension
- Private medical cover
- Generous time off (including parental leave)
- Continued support for professional development
- My day (additional days leave for personal interests/wellness/charity work etc)
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
Hamilton Insurance Group, Ltd. is a Bermuda-headquartered company that underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries.
