Financial Crime Compliance Analyst

About this role

RiverStone is seeking a proactive and delivery-focused Financial Crime Compliance Analyst to support the operation and continued development of RiverStone’s Financial Crime framework.

Working closely with the wider Compliance team, the role will support the identification, assessment and management of financial crime risks across RiverStone's UK and Australian insurance businesses.

The successful candidate will have hands-on responsibility across financial crime activities including sanctions, AML, fraud, bribery and corruption, tax evasion, due diligence, screening, referrals, risk assessment, monitoring, reporting and training. The role will also support financial crime considerations arising from acquisitions, delegated arrangements and third-party relationships.

This is a broad financial crime role suited to someone with experience in regulated financial services who is keen to develop deeper expertise within the insurance sector and take ownership of key processes.

Job Responsibilities

Role in the Target Operating Model

The Financial Crime Compliance Analyst will support the UK and Australian businesses in:

• Operating the Financial Crime framework.
• Identifying and assessing financial crime risks.
• Maintaining effective financial crime policies, procedures and controls.
• Performing and overseeing financial crime screening and due diligence.
• Managing financial crime referrals and escalations.
• Supporting financial crime monitoring and assurance.
• Producing management information and governance reporting.
• Providing advice and support to the business.
• Responding to regulatory change and emerging financial crime risks.
• Collaborating with both Local and Group Compliance functions throughout RiverStone

Key Responsibilities

Financial Crime Risk Assessment

• Support the annual Financial Crime Risk Assessment across sanctions, AML, fraud, bribery and corruption, tax evasion and other relevant risks.
• Analyse risk and control information, maintain supporting evidence and track remediation.
• Monitor changes that may affect RiverStone’s financial crime risk profile.

Sanctions & Screening

• Perform sanctions, PEP and adverse-media screening, including investigation and escalation of potential matches.
• Support periodic rescreening and maintain evidence of decisions.
• Monitor sanctions developments and support oversight of screening systems and providers.

Financial Crime Referrals & Investigations

• Manage financial crime queries and referrals, investigating and escalating material matters to relevant stakeholders.
• Maintain appropriate investigation records and support suspicious activity assessments.
• Assist with regulatory and law-enforcement information requests.
• Support financial crime due diligence relating to customers, claimants, suppliers, delegated authorities and other counterparties as applicable.

Fraud Prevention

• Support RiverStone’s fraud prevention framework, including Failure to Prevent Fraud requirements.
• Assess fraud risks and assist with investigations and referrals.
• Monitor the effectiveness of fraud prevention controls.

Financial Crime Monitoring & Testing

• Perform risk-based testing of financial crime controls and support thematic reviews.
• Document findings and track remediation to completion.
• Coordinate assurance activity with Compliance, Risk and Internal Audit where appropriate.

Governance, MI & Reporting

• Prepare financial crime MI and reporting for senior management, Committees and Boards.
• Support preparation of the annual MLRO Report and regulatory submissions.
• Prepare regulatory returns, including Lloyds Transactional Reporting (LITA) requests and Frozen Asset reporting requirements
• Identify and escalate material issues, trends and emerging risks.

Financial Crime Policy & Procedures

• Maintain the Financial Crime Policy and supporting procedures.
• Ensure requirements remain aligned with regulatory developments and RiverStone’s business.
• Support implementation of Group standards within Local entities.

Regulatory Change & Horizon Scanning

• Monitor financial crime regulatory, enforcement and industry developments.
• Assess impacts and support implementation of required changes.

Training & Awareness

• Support the development and delivery of financial crime training and communications.
• Coordinate targeted and refresher training and monitor completion.

M&A & Strategic Transactions

• Perform financial crime due diligence and risk assessment for acquisitions and transactions.
• Support screening, remediation and control requirements during portfolio onboarding.
• Support post-acquisition integration into RiverStone’s Financial Crime framework.

Job Requirements

Essential Experience

The successful candidate will demonstrate

• Experience within Financial Crime, Compliance or a related control function in regulated financial services.
• Practical understanding of financial crime risks and controls, including sanctions, AML and fraud.
• Experience undertaking screening, due diligence, financial crime referrals or control reviews.
• Strong analytical and investigative skills.
• Ability to interpret regulatory requirements and apply them practically.
• Experience maintaining accurate records and audit trails.
• Strong written and verbal communication skills.
• Ability to manage multiple activities and deadlines.
• Strong attention to detail.
• A proactive approach and willingness to take ownership of processes.

Desirable Experience

Preference will be given to candidates with experience of

• UK insurance, reinsurance or the Lloyd's market.
• FCA/PRA-regulated firms.
• Sanctions and financial crime screening platforms.
• Financial Crime Risk Assessments.
• Financial crime monitoring and testing.
• Fraud prevention frameworks.
• Compliance with Failure to Prevent Fraud requirements.
• Delegated authority or third-party oversight.
• M&A or acquisition due diligence.
• Preparing MLRO, Committee or Board reporting.
• Regulatory change and horizon scanning.
• Financial crime technology and data analytics.

Personal Attributes

The successful candidate will be

• Proactive and comfortable taking ownership.
• Analytical, curious and detail-oriented.
• Comfortable investigating and challenging unusual activity.
• Pragmatic and able to apply regulatory requirements proportionately.
• Confident escalating concerns where appropriate.
• Able to build effective relationships with business stakeholders.
• Comfortable balancing BAU responsibilities with emerging issues and transactions.
• Interested in understanding RiverStone's business model and how financial crime risks arise across the insurance lifecycle.

Job Benefits

We believe in taking care of our team and helping our employees thrive both professionally and personally.

Our benefits include

• Private Medical and Dental cover – Comprehensive Private Medical and Dental Insurance schemes with Bupa
• Health and Wellness –including access to our Employee Assistance Programme, Headspace
• subscription, Mental Health First aiders at each site, up to five funded counselling sessions per year,
• annual health check-up and eye test voucher
• Wellbeing Allowance – Can be used towards either physical or mental health wellbeing activities
• 25 days’ holiday per year – plus bank holidays and office closure on Christmas Eve.