Financial Crime Advisor

Title:

Financial Crime Advisor

Company:

Everest Advisors (Uk), Ltd.

Job Category:

Compliance Oversight

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

The Financial Crime Advisor will be part of the wider Everest Insurance compliance function, currently based in Dublin, London, Paris and Milan.  Working closely with the Financial Crime Manager and with the wider Compliance Function the successful candidate will be involved with all aspects of building out the Financial Crime framework across our European business.

This role requires a dynamic, adaptable and well organised individual who is comfortable engaging with all aspects of Financial Crime that may impact our business which has Branches in the UK (London), Netherlands (Rotterdam), Germany (Düsseldorf), France (Paris), Spain (Madrid) and Italy (Milan). This role will focus on providing comprehensive advice and support to the business whilst also future proofing relevant sanctions systems and controls as our business continues to expand. The role will also support our Syndicate at Lloyd’s.  

This role can be based in our Madrid or London office and has a hybrid schedule of working two days remotely each week.

Role & Responsibilities (include but not limited to):

• Supporting the Financial Crime Manager across all business and product lines, exercising technical expertise and knowledge of the laws and regulations that underpin the organisation’s AML, CFT, sanctions and fraud compliance programme. 

• Providing support in developing and enhancing comprehensive AML, CFT, sanctions and fraud related systems and controls ensuring they remain fit for purpose with a particular focus on ensuring alignment and cohesiveness across the various offices.

• Identifying gaps and/or areas for improvement in oversight of our third-party business partners via the established delegated underwriting and claims audit programmes.

• Conduct monitoring assurance reviews of first line procedures in accordance with the Compliance Function Monitoring Plan, escalating any area of concern or non-compliance as appropriate, ensuring that remedial action is taken.

• Developing and providing staff training, advocating best practices to the business through attendance at committees and divisional team meetings.

• Ensuring AML, CFT, sanctions and fraud expertise is maintained by continually monitoring global/jurisdictional political movements and highlighting potential emerging risks including how they may affect the various business lines.

Qualifications:

• Appropriate professional qualification, e.g. ACAMS, ACOI, ACII, ICA Diploma or similar.

Knowledge, Skills & Competencies:

• Comprehensive compliance experience working with international financial crime and sanctions regulations, ideally within a general insurance context – company, managing agent or managing general agent.

• Strong technical skills and practical understanding of regulations and their application across the business.

• Proficient technical knowledge in financial crime risk domains (KYC, CDD, AML, sanctions including EU, UK, US and UN regimes, fraud, bribery, corruption, and/or tax evasion).

• Experience in reviewing processes and controls, suggesting improvements, and identifying inadequate or ineffective controls.

• Understanding of relevant sanctions risks relating to Marine, Energy and Aviation insurance business is highly desirable.  There will be dedicated support provided to build expertise in these classes as part of the development programme for this role.

• Collaborative in approach with strong emphasis on delivery and execution.

• Exhibits a positive proactive attitude with excellent problem-solving skills.

• Articulate and confident when dealing with stakeholders, both internal and external.

• Highly organised with attention to detail.

• Flexibility to adapt to changes in an evolving company and market.

• Ability to manage a busy workload independently.

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.  

• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

Type:

Regular

Time Type:

Full time

Primary Location:

Madrid, Spain

Additional Locations:

London