Company:

MMC Corporate

Description:

We are seeking a talented Head of Financial Crime – Mercer & Marsh to join our Legal, Risk and Compliance Function at Marsh McLennan. This role will be based in our London office. This is a hybrid role that has a requirement of working at least three days a week in the office.

We are looking for a proactive, dynamic and experienced financial crime leader to lead our busy UK financial crime team for a fixed term, to cover a period of Maternity Leave.  You will work across a broad range of financial crime risks and will be responsible for maintaining and developing the Marsh McLennan UK’s financial crime framework whilst managing the team.    

This role reports to the global Marsh McLennan Head of Financial Crime, with a dotted reporting line to the Marsh McLennan UK Chief Risk Officer.  The Marsh McLennan UK Financial Crime team manages Marsh & Mercer UK’s financial crime framework and helps the UK entities meet its legal and regulatory requirements relating to Financial Crime prevention across the areas of Anti-Money Laundering, Customer Due Diligence, Fraud, Sanctions and Export Controls, Anti-Bribery & Corruption (ABC), including Third Party Providers (TPPs) and Gifts & Entertainment

We Will Count on You To:

• Develop and enhance the Marsh McLennan UK financial crime framework, policies and programmes, in line with external regulatory and legal developments and the broader Marsh McLennan financial crime framework;

• Produce regular and relevant financial crime reporting for the Risk Committees and the Board to enable Governance committees to provide appropriate oversight and challenge of our company’s framework and controls;

• Lead the UK Financial Crime team in providing timely and effective risk-based advice and guidance across the business and functions to help the company meet its regulatory and legislative requirements and protect our company from financial crime risk; 

• Lead and manage the UK Financial Crime Committee and UK Third Party Provider Risk Committee;

• Ensure the delivery of regular and risk-based financial crime training and communications to the Company; 

• Deliver the financial crime framework with risk-based controls, as applicable, to the different parts of the Marsh McLennan business, i.e. commercial, corporate, specialty and retail within Marsh and Mercer;

What You Need to Have:

• Subject matter expertise across all areas of financial crime, including excellent knowledge of the UK and international financial crime legislative and regulatory environment;  

• Experience providing advice on sanctions and export controls

• Experience managing third party risk

• Resilience to shifting priorities and to be comfortable managing them;

• Ability to make clear decisions on complex financial crime scenarios;

• Solid people management skills and experience of managing a professional team for high performance;

• Collaborative approach to business relationship management, proactively sharing “what works best” with others across the organisation;

• Proven experience of delivering training.

What Makes You Stand Out:

• Understanding of the insurance broking industry and of General Insurance

• Excellent knowledge of OFAC/EU/UK sanctions; UK Anti-Money Laundering regulations and guidance including POCA 2002 and JMLSG; UK Bribery Act, FCPA and experience managing anti-bribery and corruption controls including TPPs

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [email protected] McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.