Financial Crime Monitoring Analyst
- Bridgend
- Permanent
- Full-time
- To provide support for the financial crime and advisory monitoring activities and quality assurance activities in line with the Compliance Monitoring and Quality Assurance Programme / Framework.
- To assist with the production of regular reports to key stakeholders, including the relevant Committees, on the output of the monitoring and assurance activities as well as high risk business. Ad hoc reports to be produced as required.
- To assist with the review and update of the financial crime Compliance Monitoring and Assurance Procedures Framework, and any other relevant supporting documentation comprising the Monitoring and Assurance Framework on a regular basis.
- To provide input and ideas to continually enhance our monitoring and assurance programme from a controls and operational efficiency perspective, including using data analytics to enhance management information and risk insights
- To provide input on the monitoring and assurance sections of the annual Compliance Plan and produce the financial crime sections of the annual Compliance Monitoring and Assurance Plan.
- To update, as necessary, the financial crime sections of the Compliance Intranet pages.
- To support and assist with training, as necessary, the 1LOD Financial Crime Operations Team.
- To support the Compliance Department as required and perform tasks requested by the Senior Financial Crime Officer (Monitoring & Assurance), Head of Financial Crime or other Compliance Senior Manager.
- To providing co-ordination support for internal audit reviews and regulatory visits, as necessary.
- To promote a culture of compliance by raising awareness of compliance and regulatory matters through the monitoring activities and ensure adherence to applicable laws and regulations.
- To support the Financial Crime team on other matters falling within the overarching Financial Crime Framework, such as initiatives to enhance key financial crime controls, review and updates to policies and procedures, financial crime risk assessments, screening, business queries, financial crime projects, training and communications, and other workstreams of the broader International Compliance Department.
- To participate in all departmental activities (training, controls, maintenance and reporting) as required.
- Strong communication skills – written and verbal - with the ability to communicate effectively with a wide range of people.
- Well-organised and proactive with the ability to self-motivate, prioritising tasks appropriately and ensuring that agreed delivery dates are achieved.
- Strong attention to detail.
- 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 department’s ways of working, reporting and communications.
- Collaborative and helpful to colleagues, following up tasks appropriately, keeping the team up-to-date on activities and progress
- Experience within an insurance company, the Lloyd’s market or other financial institution.
- Experience of similar responsibilities in a compliance or internal audit role within an insurance company, the Lloyd’s market or other financial institution preferable.
- Recognised financial crime qualifications.