33-6 Consultancy Limited London, UK
My client, who have a significant presence in the London Insurance market are looking for a Sanctions Officer to help improve their end clients sanction decisions, controls and procedures. You must have significant experience working in a Sanctions role within insurance industry and Lloyds of London Markets. Experience: Experience of working within Insurance industry and Lloyds of London markets. Significant experience of sanctions related roles, and providing sanctions advice. An understanding of the legal and regulatory framework relating to sanctions. An understanding of the external reporting requirements for sanctions and financial crime. Responsibilities: Support the Sanctions team and Compliance Director, in respect of ensuring that the business is supported to assist with compliance with all aspects of sanctions. Responsible for sanctions decisions for the business after appropriate review. Conduct first line investigations, to fully understand sanctions issues and potential breaches Review and create policy, procedure and process documents related to sanctions Train or present sanction matters to employees at all levels within the organisation Assist with the day to day identification and management of sanctions related risks and the creation and implementation of applicable controls. Help raise awareness of relevant regulatory and legislative obligations and requirements in respect of sanctions compliance Act as a senior member of the Compliance team and interact effectively with other members of the team Ensure proactive engagement regarding the sanctions prevention and detection programme eg screening of systems, subsequent internal reporting process, leading of projects and tasks as required.