Financial Crime Manager

Key Responsibilities:

• Develop and implement financial crime processes and procedures tailored to the insurance industry.
• Ensure that the business can demonstrate adherence to the Financial Crime Policy, ensuring appropriate actions are taken to mitigate against a variety of Financial Crime risks.
• Conduct risk assessments to identify potential and changing financial crime threats and vulnerabilities within the organisation.
• Oversee the investigation and resolution of financial crime incidents.
• Collaborate with internal and external stakeholders, including regulatory bodies, law enforcement, and industry associations, to ensure alignment and compliance with best practices and legal requirements.
• Stay abreast of emerging trends, techniques, and regulatory changes in the field of financial crime and proactively adapt strategies to address new challenges.
• Prepare and present regular reports to senior management on financial crime risks, incidents, and mitigation efforts.
• Develop and deliver training programs to enhance the awareness and capabilities of staff in identifying and preventing financial crime.
• Foster a culture of vigilance and proactive risk management within the organisation.
• Resource management – assess and manage resource to ensure targets and deadlines are achieved. 

Required Skills/Experience:

• Proven financial crime or fraud prevention, investigation, and compliance, working in an FCA regulated financial services environment.
• Strong knowledge of relevant laws, regulations, and best practices in financial crime.
• Excellent analytical and problem-solving skills.
• Experience of proactive engagement with Senior Managers as well as experience of working with different departments across the group
• Exceptional communication and interpersonal skills.
• Ability to think creatively whilst developing and delivering solutions.
• Proven leadership skills with the ability to inspire and motivate a team is desirable

Our Benefits

• Hybrid working – 2 days in the office and 3 days working from home
• 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
• Discretionary annual bonus
• Pension scheme – 5% employee, 6% employer
• Flexible working – we will always consider applications for those who require less than the advertised hours
• Flexi-time
• Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
• Electric vehicle – salary sacrifice scheme
• 100’s of exclusive retailer discounts
• Professional wellbeing, health & fitness app - Wrkit
• Enhanced parental leave, including time off for IVF appointments
• Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
• Life Assurance - 4 times your salary
• 25% Car Insurance Discount
• 20% Travel Insurance Discount
• Cycle to Work Scheme
• Employee Referral Scheme
• Community support day
• Christmas and Summer parties

Working at SBG

At Somerset Bridge Group we aim to build a sustainable and innovative business focused on underwriting, broking and claims handling of UK motor insurance, offering transparent products and an efficient and fair service to our policy holders.

We are very proud to have been awarded a Silver Accreditation from Investors in People! We recognise that all of our people contribute to our success. That's why we are always looking for talented people to join our team - people who share our vision, who are passionate about what they do, and who want to be part of something special. 

Equal Opportunity Employer

Somerset Bridge Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. We prohibit discrimination or harassment of any kind based on race, colour, religion, national origin, sexual orientation, gender, gender identity or expression, age, pregnancy, physical or mental disability, genetic factors or other characteristics protected by law. SBG makes hiring decisions based solely on qualifications, skills and business requirements.