Global Sanctions Operations & Project Lead

Overview

Welcome to Gallagher – a global leader in insurance, risk management, and consulting services. With a growing team of more than 52,000 professionals worldwide, we empower businesses, communities, and individuals to thrive. At Gallagher, you can build a career whether it’s with our brokerage division, our benefits and HR consulting division, or our corporate team. Experience The Gallagher Way, a culture fueled by shared values and a collective passion for excellence.

Join one of our dynamic teams, where you'll play a pivotal role in shaping Gallagher's future and unlocking unparalleled opportunities for both clients and yourself.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Gallagher is now hiring for a Global Sanctions & AML Screening, Operations and Projects Lead
.

Primarily focused on assisting in the operation and management of the Company's sanctions and anti-money laundering (AML) compliance program tools and controls, focused on sanctions screening operations.

• Collaboration with key business and technology stakeholders to assist with global screening organization project execution, support initiatives to improve the screening program, protocols and training, and screening automation.
• Evaluation of screening requirements based on, and maintenance of, specific product/services risk identified during sanctions screening risk assessments.
• Implementation of AML risk assessment; coordination with local compliance and operations on analysis and implementation of AML plans to mitigate the Company’s risk.
• Coordination with IT and screening organization on both implementing and progressing screening from the Company’s source systems, including testing new screening feeds for system acceptance.
• Identification of opportunities for improvement in screening processes including in coordination with IT, Operations and business colleagues.
• Conduct periodic reconciliations of the Company’s application inventory to help assure all systems have been considered for screening.
• Performance of periodic monitoring reviews of screening tools.
• Design and implementation of periodic test plan with screening vendor and internal technology team to measure the effectiveness of the Company’s screening programs.
• Provide input into the tuning methodology and implementation for the Company’s AML and sanctions screening systems.
• Take the leading role in understanding the functionality of the Company’s screening systems, and work with vendors and internal screening and sanctions team to identify and assist with internal project management for implementation of enhancements.
• Responsible for designing/setting configuration of screening fuzzy logic within the screening system.
• Provide project management for global sanctions projects, including enhancements to systems, processes and procedures.
• Assist with the development of new and innovative techniques which will provide greater certainty in the Sanctions/Financial Crime screening ability to detect and report any potential sanctions/ Fin. Crime touch point.
• Maintenance of internal screening watch lists, and review of government watch list configurations in screening tools.
• Assumption of Quality Assurance (QA) role of sanction screening alert processing, evaluating the conduct of Quality control functions.
• Identification, development of testing for, and implementation of ongoing controls of heightened risk scenarios within the screening system alerts.
• Evaluation and analysis of sanctions screening production metrics, partnering with production staff to improve processes.

Required:

• Bachelors degree and 7 years related compliance experience

Preferred:

• 5+ years of experience
• Previous sanctions compliance experience in the financial services sector, with AML experience preferred
• Working knowledge of Lexis Nexis Bridger or comparable screening tool
• ACAMS or ACSS certification
• Fundamental understanding of US sanctions laws, with understanding of UK and EU sanctions laws preferred
• Experience in the insurance, reinsurance,…