Sanctions Analyst

Arthur J. Gallagher • Chicago, IL

322d • $72,500 - $141,500

About The Position

Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting-edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you'll be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before. We believe that every candidate brings something special to the table, including you! So, even if you feel that you're close but not an exact match, we encourage you to apply. We are seeking a dedicated Financial and Trade Sanctions Compliance Specialist to join our global Centre of Excellence for Financial Crime and International Trade (CoE). The successful candidate will provide expert compliance support related to financial and trade sanctions, export control, and anti-boycott measures for Gallagher Re globally. This role involves ensuring adherence to company, regulatory, and legal requirements while considering commercial impacts and fostering effective communication with colleagues and stakeholders.

Requirements

• Minimum 10 years experience in a relevant role.

Nice To Haves

• Basic understanding of UK, EU, and US financial and trade sanctions and export control regulations or a strong understanding of the (re)insurance sector.
• Hands on experience of working with insurance sanctions legislation is required.
• Excellent organizational skills and ability to work under pressure.
• Commitment to client service as a core discipline.
• Practical problem-solving approach and ability to foster the right business culture and behaviours.
• Ability to handle uncertainty and ambiguity constructively.
• Exceptional verbal and written communication skills, including the ability to distill complex issues into succinct messages.
• Present confidently and concisely to various stakeholders.
• Deliver clear and persuasive messages.
• Engage in robust dialogue.
• Ability to evaluate the adequacy and effectiveness of financial, operational, regulatory, and technology controls.
• Capability to work independently in diverse and challenging environments, recognizing when to seek guidance.
• Proactive approach, always considering the bigger picture.
• Pragmatic/commercial approach to understanding and applying regulatory requirements.
• Ability to quickly learn new subjects and deliver high-quality output within tight deadlines.

Responsibilities

• Collaborate with the Sanctions Manager and CoE colleagues to provide guidance on financial crime, particularly sanctions, helping the business identify, assess, and manage risks.
• Assist in reporting to the Sanctions Manager on sanctions and AML processes, acting as a point of escalation within the CoE.
• Offer specialist sanctions advice, considering business needs, best practices, and regulatory requirements.
• Support financial crime projects and provide work stream support on business-led and M&A integration projects.
• Conduct research and provide policy advice on sanctions-related issues, including legal and regulatory developments.
• Respond to complex inquiries, ensuring clarity and understanding for the business.
• Help embed and maintain a sanctions framework to support compliance with applicable laws.
• Serve as an escalation point for resolving sanctions screening alerts.
• Perform duties in accordance with internal policies, procedures, and applicable laws, prioritizing client service.

Benefits

• Medical/dental/vision plans, which start from day one!
• Life and accident insurance
• 401(K) and Roth options
• Tax-advantaged accounts (HSA, FSA)
• Educational expense reimbursement
• Paid parental leave
• Digital mental health services (Talkspace)
• Flexible work hours (availability varies by office and job function)
• Training programs
• Gallagher Thrive program - elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
• Charitable matching gift program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities