Location: London
Salary Range: £65,000
Type: Permanent
The Senior Compliance Specialist will play a key role in identifying, assessing, and mitigating financial crime and regulatory risks across the business. The role supports the Compliance function in embedding and promoting a transparent, positive and proportionate culture of compliance. This position involves close collaboration with internal stakeholders and external regulatory bodies, ensuring strong governance, effective oversight and adherence to regulatory standards.
Financial Crime & Sanctions
- Monitor and assess financial crime risks including money laundering, bribery and corruption.
- Conduct sanctions screening and escalate potential matches for review.
- Support the implementation and maintenance of AML policies and procedures.
- Liaise with internal stakeholders and relevant external bodies on financial crime matters.
- Identify, assess and report on conduct risks across the business.
- Support frameworks that drive ethical behaviour and good customer outcomes.
- Assist in embedding the FCA Conduct Rules and SM&CR requirements.
- Monitor regulatory developments and assess their impact on business operations.
- Support regulatory reporting and ensure timely submissions.
- Assist in preparation for regulatory inspections and audits.
- Conduct compliance monitoring reviews and thematic assessments.
- Produce reports outlining findings and recommendations.
- Track and follow up on remediation actions and compliance issues.
- Contribute to the development and review of compliance policies and procedures.
- Deliver training on topics such as financial crime, conduct risk and regulatory obligations.
- Provide day-to-day compliance guidance to business units, particularly underwriting and claims teams.
- Support new product and business initiatives from a compliance perspective.
- Strong understanding of compliance systems and procedures.
- Ability to monitor business activity for regulatory adherence.
- Skilled in preparing and presenting compliance reports.
- Understanding of underwriting documentation and relevant regulatory requirements.
- Ability to build effective relationships with regulators and internal stakeholders.
- Clear written and verbal communication skills, tailored to the audience.
- Ability to promote and embed a compliance-driven culture.
- Strong analytical and problem-solving capabilities.
- Experience within insurance firms, preferably across both Lloyd’s syndicates and the company market.
- Strong knowledge of UK regulatory frameworks (FCA, PRA) and Lloyd’s market rules.
- Experience with AML, KYC, sanctions screening and transaction monitoring systems.
- Familiarity with SM&CR, Consumer Duty and Conduct Risk frameworks.
- Strong investigative and analytical skills.
- Ability to interpret complex regulations and provide practical guidance.
- Competency in compliance monitoring/reporting tools such as Excel, Power BI or GRC platforms.
The organisation offers specialist risk solutions across Property, Casualty and Specialty lines, including Reinsurance. Their approach is underpinned by disciplined risk selection, strong technical expertise and collaborative engagement with broking partners and clients to deliver sustainable, long-term outcomes.