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Date Added: Wed 11/09/2024

Head Of Sanctions & Financial Crime

London, UK
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Company: BCT RESOURCING

Job Type: Permanent, FullTime

Salary: £0 per annum

Head of Sanctions & Financial CrimeCity of LondonJob Opportunity:As a leading recruitment agency, we are pleased to present a stellar opportunity for a seasoned professional in the Compliance industry. Our client, an esteemed company in the Insurance sector, is seeking a dedicated and experienced Head of Sanctions & Financial Crime to lead their department. This is a permanent position based at the heart of their operations.Role & Responsibilities * Develop, implement and oversee the company's sanctions and financial crime compliance programs.* Ensure all compliance policies and procedures meet the regulatory requirements and align with industry best practices.* Lead and mentor a team of compliance professionals, fostering a culture of continuous improvement and high ethical standards.* Monitor changes in relevant legislation and regulatory advisories to ensure the company's practices remain compliant.* Coordinate with senior management to report on risks, progress, and the effectiveness of compliance strategies.* Handle complex investigations into potential breaches of compliance and implement corrective measures when necessary.* Engage with external regulators and advisers to ensure the company maintains a strong compliance posture.Key Skills* Profound knowledge of insurance laws, sanctions, anti-money laundering regulations, and financial crime prevention.* Strong leadership skills with the ability to manage and inspire a team.* Excellent analytical, organizational, and decision-making skills.* Effective communication and interpersonal skills.* Proficiency in risk assessment and risk management strategies.* Experience with compliance software tools and applications within the insurance industry.
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