The opportunity

We are looking for a Senior Compliance Consultant who will assist and support the implementation of the compliance programs focusing on the area of financial crime prevention and act as Deputy Money Laundering Prevention Officer (DMLRO).

The Compliance function is an assurance function responsible for supporting Zurich’s management in promoting an ethics-based culture advancing compliance and, as part of the second line of defence providing assurance to management that compliance risks within the function’s scope are appropriately identified and managed across the retail and corporate business lines.

The financial crime prevention team supports the first line teams in managing financial crime risk, providing advice and supporting projects as required.

This is a shared service role supporting ZILL, ZIBS and ZIPAL.

Key responsibilities

• Support the implementation of the compliance plans by undertaking / assessing high risk client reviews as well as reviewing escalated screening alerts e.g., PEP, adverse media and fraud enquiries acting as a sign off person to reviews.
• Act as DMLRO for ZILL reviewing suspicious activity reports, sanctions and adverse media and drafting appropriate external submissions.
• Conduct data analytics and draft reports to executive management and completing group and regulatory statistical returns.
• Actively contribute towards regulatory inspections and other interactions where these have a focus on AML.
• Ensure restricted accounts are administered in accordance with regulatory and business risk considerations.
• Provide advice and support to first line of defence in the development and maintenance of appropriate controls and procedures to ensure compliance with AML, CTF and Sanctions regulations.
• Provide support in the development and delivery of relevant financial crime related training initiatives, including face to face.
• Undertaking oversight of ZILL regional branches covering financial crime risks.
• Provide support to establish, enhance and implement relevant compliance policies and procedures.
• Support and where appropriate lead the delivery of Compliance and Business projects, providing AML advice and guidance to working groups, making decisions with clear rationalisation.

• Have excellent working knowledge of IOM AML/CFT Code and FSA AML Handbook as well as relevant sector guidance.
• Ideally hold the ICA International Diploma Anti Money Laundering, Financial Crime Prevention or equivalent or be willing to work towards achieving.
• Demonstrate the ability to interpret and apply regulatory requirements to multiple lines of business.
• Demonstrate an ability to make pragmatic decisions in cases of ambiguity and document clear reasoning to back up the decision.
• Have a sound working knowledge of financial crime prevention skills including anti money laundering / fraud detection / prevention and investigations, sanctions queries and research.
• Highly organised and motivated and be able to work in a collaborative multi-jurisdictional team environment.
• Self-motivated, innovative, enthusiastic, proactive and forward thinking.
• Demonstrate agility to adapt to change and see it as a positive challenge.
• Customer focused and act with a high level of integrity.
• Take action to manage own personal development.