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Financial Crime Apprenticeship (London) Lockton Companies LLP

This is an exciting opportunity to start your career in the International Risk and Compliance division of Lockton, as part of our ‘earn as you learn’ apprenticeship programme.

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Closing date: 26 Aug 2022

Apprenticeship summary

  • Annual wage

    £19,500.00

    plus benefits package.

  • Working week

    Monday- Friday 09:30-17:30

    Total hours per week: 35.0

  • Expected duration

    18 Months

  • Possible start date

    05 Sep 2022

  • Date posted

    28 Jun 2022

  • Apprenticeship level

    Advanced
    Level 3 (A level)

  • Reference number

    VAC1000059186

  • Positions

    1 available

What will the apprentice be doing?

The Financial Crime Apprentice’s primary objective, under the supervision of the Financial Crime Officer, will be to assist the Lockton UK and International business in implementing their Financial Crime objectives. This role will be the main point of contact for sanctions screening alert clearance and maintenance of screening system(s) within the Lockton business.

The Risk and Compliance function continues to grow and develop, meaning there will always be scope for progression, which will be based upon the performance and motivation of the successful candidate.

What’s in it for you?

  • Knowledge development via a mix of skills workshops, self-guided study and on-the-job training
  • Hands-on experience, mentored by industry specialists.

The key tasks and responsibilities in the role include:

  • Maintain the Lockton sanctions screening system for the UK and International Business Units, clearing alerts under guidance of the Financial Crime Officer.
  • Working with Business Units and Financial Crime Team to provide accurate, timely and consistent advice and guidance to operational staff.
  • Undertaking and managing (either personally or with others) financial crime projects or tasks.
  • Co-ordinating the gifts and entertainment returns and management of queries for all Business Units.
  • Identifying breaches of company policy surrounding the G&E returns.
  • Administer the sanctions screening system for the UK and International Business.
  • Act as approver for low risk third party payments.

Working with the Financial Crime Officer to:

  • Ensure policies, guidance and training providing consistency across Lockton.
  • Assist in the production of management information required to build reports for the Financial Crime Committee.
  • Help to identify any areas of concern or areas for review/update to Financial Crime Policies, business procedures, training initiatives and the like and escalate/action accordingly.
  • Through research of rules and supporting literature, maintain own knowledge of Financial Crime standards appropriate to the general insurance industry.

What training will the apprentice take and what qualification will the apprentice get at the end?

You will work towards your:

  • Compliance Risk Officer L3 (Financial Crime).
  • Cert Level CII.
  • Functional Skills in Maths and English (if required).

What is the expected career progression after this apprenticeship?

Permanent position from day one.

Once the apprenticeship programme is competed, we’ll support and encourage career development within your division, or elsewhere in the wider Lockton business.


Requirements and prospects

Desired skills and personal qualities

Communication skills, IT skills, Attention to detail, Organisation skills, Problem solving skills, Administrative skills, Team working, Initiative

Qualifications

GCSE or equivalent 5 subjects including Maths & English (Grade C/4 and above or equivalent) Essential
A Level or equivalent 3 subjects (Grade Pass) Essential

About the employer

Lockton is a leading, global insurance broker with a focus on exceptional client service and expertise across insurance, employee benefits consulting and risk management. The entrepreneurial culture of the business is reflected in empowering associates to act quickly, learn fast and provide the right solutions for their clients.

Employer

Lockton Companies LLP

Address

The St Botolph Building

138 Houndsditch

London

EC3A 7AG

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Training

Training provider

DAVIES LEARNING SOLUTIONS LIMITED

Contact

Aysar Kalkanel

dls.recruitment@davies-group.com

Apprenticeship standard

Compliance and risk officer

Level 3 (A level)


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