Compliance Officer - Sanctions Risk Framework Owner (Hybrid; 80-100% working degree)
Are you passionate about navigating the complex world of global sanctions compliance? Join our dynamic team at Swiss Re where you'll play a pivotal role in designing and implementing strategies that control our exposure to the sanctions risk while enabling compliant business operations worldwide.
We are open to considering candidates based in other locations.
About the Role
As our Sanctions Risk Framework Owner, you'll be the driving force behind Swiss Re's global sanctions compliance strategy. You'll design, oversee, and continuously enhance our global sanctions risk framework, combining your deep technical knowledge of sanctions regimes and their application to the insurance industry, with a strategic mindset.
Key Responsibilities
- Own and enhance the global Sanctions Risk Framework, including policies, standards, and processes that form the foundation of our sanctions risk management approach.
- Monitor and assess sanctions developments from relevant authorities, determining their impact on our business.
- Develop responses to sanctions developments, coordinating approvals, communication and implementation across the company.
- Provide ongoing oversight of the design and effectiveness of the sanctions control environment.
- Provide expert advisory support to senior stakeholders on sanctions topics and develop position papers to enable consistent guidance across business units.
- Own and drive the implementation and ongoing effectiveness of sanction controls in screening and related tools.
- Lead training and awareness by developing comprehensive training material for employees, conducting trainings, and supporting the growth of sanctions expertise within Compliance teams.
- Drive continuous improvement of our compliance processes and controls, contributing to the broader financial crime risk management strategy.
About the Team
The Compliance Financial Crime Risk Frameworks (FCR) team is responsible for global Compliance frameworks covering four key financial crime risks: Fraud, Bribery and Corruption, Money Laundering and Terrorist Financing, and Economic Sanctions. We develop, maintain, and implement global policies, standards, processes, and supporting technology to manage these risks effectively. Our diverse team spans New York, Bratislava, and London, working collaboratively to monitor emerging risks and regulatory developments across all jurisdictions where Swiss Re operates.
About You
You're a detail-oriented compliance professional with deep sanctions expertise and excellent communication skills. You thrive in a collaborative environment while being capable of working independently on complex sanctions matters. Your analytical mindset enables you to translate regulatory requirements into practical frameworks and solutions.
Requirements
- Strong compliance experience, including at least 5 years focused on Sanctions topics, ideally within the insurance industry.
- Deep technical expertise in financial, economic and trade sanctions, including regulatory compliance, sanctions screening, and due diligence processes.
- Sound experience in risk frameworks, particularly in drafting policies, standards, and processes, and maintaining a Compliance Risk framework.
- University or equivalent qualification with fluency in English (written and spoken); legal training would be beneficial.
- Strong communication and stakeholder management skills with the ability to engage effectively with colleagues across all seniority levels.
Plus Skills
- Certified Global Sanctions Specialist (CGSS) or another professional sanctions certification
- Knowledge of other financial crime risks (Fraud, Money Laundering and Terrorist Financing, and Bribery and Corruption)
- Additional languages, especially German
- Experience developing and delivering compliance training programs
- Strong project and change management skills
Compensation & Work Model
For the United Kingdom, the base salary range for this position is between 76,000 GBP and 114,000 GBP for a full-time role.
The specific salary offered considers:
- the requirements, scope, complexity and responsibilities of the role
- the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience
In the situation where you do not meet all the requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus.
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
#J-18808-Ljbffr