Role Responsibilities

• Keep abreast of regulatory and legislative changes and assisting in advising on the impact of any applicable FCA Consultative Papers, Policy Statements, Rule changes and any other guidance/ requirements relating to the UK regulatory environment and financial crime, in particular sanctions. 
• Maintain knowledge of on-going changes in legislation, policies, procedures and practices in the EU and in other related geographies, identifying how these changes will impact the business.
• Undertake enhanced due diligence and screening checks as part of the take-on of new business entities, researching various sources of publicly available data via the
• Internet and purchased software in order to be satisfied the entity can be traded with.
• Review, investigate, authorise or escalate alerts raised as a result of sanction screening.
• Proactively communicate issues which may impact policies; business processes; management and compliance risk management controls.
• Assist with the development, documentation and maintenance of Miller’s Financial Crime policies and procedures, ensuring that the requirements of external legislation and regulations (e.g. FCA, Lloyd’s legislation, Money Laundering/Proceeds of Crime, Data Protection) are appropriately incorporated. 
• Provide sanctions advice and guidance to the business in a timely manner.
• Monitor business activity against Miller’s sanctions policies and procedures to identify incidents of non-compliance, investigating and responding as appropriate and assisting in the provision of management information to the business units and Compliance Committee. 
• Support the advisory role provided by the department by responding to queries and issues from business units and overseas entities, principally from internal sources, relating to licensing requirements.
• Assist, where required, with the preparation of information requests from the FCA and Lloyd’s (and any other relevant regulatory or legislative body).
• Assist, where required, in the undertaking of regulatory risk assessments across Miller, and determine the on-going adequacy of systems and controls.
• Assist, where required, with the preparation of timely and accurate meeting packs, registers, reports and notifications for the Company relating to regulatory policy, sanctions and high risk screening.
• Perform assigned responsibilities as delegated routinely or from time to time.
• Adhere to and meet fully the expectations of Miller, as set out in its policies and procedures, training material, and embedded in its systems and controls. Our policies and procedures are written to encapsulate the compliance, legal and financial crime related legislation and regulations which apply to Miller.
  
  

Qualifications

• CII qualifications desirable, but not essential
  
  

Knowledge

• Good understanding of the insurance industry is highly desirable, including the regulatory environment within which Miller operates and the sanctions and financial crime related requirements it must meet.
• Proven understanding of and experience in making business decisions based on applicable sanctions regimes (in particular sanctions expectations under EU, HM Treasury,
• OFAC, UN and the export control order 2008, and the awareness of the risks associated with Politically Exposed Persons). 
• General awareness of applicable financial crime requirements and their application to financial services firms, including but not limited to, expectations under FCA regulations, Bribery Act, Criminal Finances Act, Data Protection Act, Lloyd’s legislation and Money Laundering/Proceeds of Crime.
• Good understanding of the financial crime and know your client expectations that Miller is expected to comply with.
  
  

Experience

• Experience working within a Compliance role within the financial services sector is essential
• Experience working within a sanctions role preferred (experience in insurance broking / consultancy providing advisory services to broking firms is ideal)
• Good interpersonal skills, allowing effective interaction with individuals across all seniority levels, and experience in being able to influence others. 
• Good judgement and ability to arrive at accurate decisions in a timely manner.  
• Strong attention to detail and precision in deliverables. 
• Good report writing skills and experience in producing reports using Microsoft Word and Excel. 
• Ability to work well within a team but also be self-driven, organised and self-motivated to deliver planned activities in a timely manner
  
  

Benefits

• On top of a competitive salary we offer a fantastic benefits package including:
• 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
• Private Medical Insurance
• Medicare cash plan
• Minimum of 25 days annual leave (with flexibility to buy more)
• Life Assurance
• Income Protection
• Critical Illness cover
• Enhanced Maternity, Paternity Adoption and Shared Parental Leave

** Miller is committed to providing equal opportunities to all applicants and to creating an inclusive working environment for all.