Overview
Gallagher Bassett is seeking a Financial Crimes Specialist. This role is crucial for ensuring adherence to all relevant regulations, with a particular focus on advising our newly acquired Marine business, WK Webster. As Gallagher Bassett continues to expand throughout EMEA, this position will play a key role in integrating future acquisitions and scaling the Compliance team and there will be opportunities to progress. How you'll make an impact Sanctions Compliance: Manage and implement sanctions procedures and screening processes, ensuring alignment with current regulations and effective risk mitigation. Conduct audits and reviews of business activities to identify potential sanctions violations, providing expert advice on screening results. Serve as the key compliance contact for our Marine business, collaborating with the global Gallagher Sanctions team to ensure consistent compliance efforts. Financial Crime Prevention: Oversee financial crime aspects of the compliance framework, including money laundering, fraud, and bribery, developing robust policies and procedures. Conduct risk assessments to identify vulnerabilities and recommend mitigation strategies, while investigating and reporting suspicious activities. Provide guidance and training to employees on financial crime prevention strategies, enhancing awareness and adherence to best practices. General Compliance Matters: Co-manage the compliance mailbox, ensuring timely and accurate responses to queries, and developing a knowledge base for streamlined handling. Triage and prioritise compliance queries to ensure efficient resolution, maintaining high standards of service and support. Assist with complaints and data-related matters during team members’ leave, ensuring continuity of service and seamless operations. Mergers & Acquisitions (M&A): Assist with compliance-related due diligence for acquisition targets, ensuring thorough evaluation and integration of compliance frameworks. Integrate new acquisitions from a compliance perspective, addressing unique business types and jurisdictional requirements. Expand compliance frameworks, policies, and procedures to accommodate new acquisitions, ensuring seamless integration and adherence to regulations. Other Responsibilities: Prepare regular reports on compliance activities, including detailed analyses of sanctions and financial crime prevention efforts. Maintain comprehensive documentation of compliance processes, investigations, and outcomes, ensuring records are accurate and accessible. Perform additional duties as required by Gallagher Bassett, contributing to the overall success and growth of the compliance team. About You Extensive experience in compliance, with a focus on sanctions and financial crime prevention, and a strong understanding of global regulations and laws. Preferred experience in the Marine insurance market, demonstrating excellent analytical, communication, and problem-solving skills. Ability to work both independently and collaboratively in a fast-paced environment, with proficiency in compliance management software and tools. Strong organisational skills, attention to detail, and the ability to handle sensitive information with discretion and integrity. #LI-PH1 Compensation and benefits On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve: Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days Defined contribution pension scheme, which Gallagher will also contribute to Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x Income protection, we’ll cover up to 50% of your annual income, with options to top up Health cash plan or Private medical insurance Other benefits include: Three fully paid volunteering days per year Employee Stock Purchase plan, offering company shares at a discount Share incentive plan, HMRC approved, tax effective, stock purchase plan Critical illness cover Discounted gym membership, with over 3,000 gyms nationally Season ticket loan Access to a discounted voucher portal to save money on your weekly shop or next big purchase Emergency back-up family care And many more…