Senior Financial Crime Officer

Job Title: Senior Financial Crime Officer (Governance & Training)

Location: London

Position Type: Full time, permanent

Hybrid working: 3 days in the office

Why
Tokio Marine HCC?

Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.

Job Purpose:

This role presents a unique opportunity to make an impact in an expanding Financial Crime team.

The Senior Financial Crime Officer (Governance & Training) will be responsible for critical elements of TMHCCI’s Financial Crime Framework including supporting the delivery of a robust Governance and Training framework that provides senior leadership and the business with awareness and visibility across:

• All pillars of financial crime (Sanctions, Anti-Money Laundering (AML)/ Counter-Terrorist Financing (CTF), Anti-Bribery and Corruption (ABC), Fraud, Market Abuse and Anti-Tax Evasion Facilitation) and,

• TMHCCI’s Licensing compliance, as necessary.

Reporting to the Head of Financial Crime, this role will focus on maintaining, enhancing and implementing financial crime policies and procedures, conducting risk assessments, and ensuring that company controls support adherence to all relevant laws and regulations applicable to THMCCI (UK and International) and across the jurisdictions that Tokio Marine Europe S.A. (TME) operates in Europe.

Key Responsibilities:

• Develop and lead a team to deliver a robust Financial Crime and, as necessary, Licensing Governance control framework including identifying and implementing enhancements as necessary.

• Ensure senior management and relevant Committee visibility of key risks and the appropriate escalation and resolution of financial crime and regulatory matters.

• Deliver the annual risk assessment exercise, ensuring the mapping of each division’s exposure to and control over financial crime, evaluation of controls, forming recommendations, and the follow-up of any remediation activities.

• Annual review of all financial crime related policies, procedures, and guidance (including the Financial Crime Framework, Sanctions, ABC, AML, Anti-Fraud and, where required Tax Evasion, Policies)

• Review and maintenance of the High-Risk Business Approval List.

• Delivery of key financial crime related MI and Committee reports.

• Manage the delivery of key financial crime controls including the quarterly Segregation of Duty reviews and Gifts & Entertainment registers.

• Promote a culture of compliance through ongoing horizon scanning across relevant financial crime and licensing developments and acquiring and sharing knowledge to support compliance with applicable laws and regulations.

• Perform impact assessments on financial crime regulatory changes, as necessary.

• Deliver communications to the business to ensure awareness of contemporary financial crime and licensing issues, trends or risks.

• Oversee and deliver annual and bespoke training, ensuring modules remain current and provide specialist training to staff as required.

• Manage, coach and develop team members including ensuring comprehensive understanding of all financial crime pillars, and where required, TMHCC’s licensing authorisations and permissions.

• Support the Financial Crime team on other matters such as regulatory returns; regulatory relationships; business queries; financial crime projects and other work streams of the broader International Compliance…