AML Manager

Introduction

At Artex, we reimagine what risk management can be and we do it with bold thinking, deep expertise, and an unwavering belief in what’s possible. As part of our global team, you’ll help clients navigate complex risks through creative, forward-looking solutions that go beyond the expected. This is a place where innovation is encouraged, ideas are welcomed, and no two days look the same. We’re a community of confidently curious problem-solvers, opportunity seizers, and collaborative thinkers, working together to challenge convention and shape the future of our industry. Here, you’ll be supported to explore your potential, grow your expertise, and make a meaningful impact on a global scale.

Overview

The AML Manager will assume responsibilityfor all compliancematters including anti-money laundering and anti-terroristfinancing (AML/ATF),governance and risk and anyother aspectsoflegislation relevantto theprovision of services providedbytheArtex Bermudabusiness,includingInsuranceLinked Securities(ILS),Captiveand Commercial,Fund,InvestorandCorporateservices andotherregulated entities.

ProvideclientsoftheBermudaoffice,withriskandcompliancerelatedservices. Contributing to the continued enhancement of the Compliance framework and promoting a strong compliance culture. This role will act as a key point of contact for Compliance-related matter in Bermuda and provide support on critical regulatory topics. Developrelationshipswiththe compliancefunctionsacrossvariousArtexjurisdictions,andensure best practices are shared and implemented.

How you'll make an impact

Reportstoandassiststhe SVP, Headof Risk & Compliance,Bermuda & Cayman.

Supports the SVP, Head of Risk & Compliance, Bermuda & Cayman in developing, and application of a Compliance Monitoring Program, ensuring adequate review and testing is conducted within jurisdictions that the company operates.

Supports the SVP, Head of Risk & Compliance, Bermuda & Cayman to maintain an effective control framework and to ensure compliance with all relevant external laws and regulations, internal codes and policies and good practices.

Ensureadequateandtimelyreporting,escalationandremediationof

Provideguidanceontheapplicationoflegal andregulatoryrequirementsincludingAML& ATF, economic sanctions, data privacy and customer due diligence (CDD).

EnsurethecompanyoperatesincompliancewiththeProceedsofCrime(Anti-MoneyLaundering andAnti-Terrorist Financing) Regulations 2008, Insurance Act 1978, applicable codes of conduct and all other relevant regulations, in the management of all the Bermuda office’s regulated

Work with the wider Compliance and Operations teams within Artex globally, in developing and implementing new global and local compliance tools and

LiaisingwiththeBusinessDevelopmentteamtoensurethatallnewbusinessmeetsonboarding processes and controls and that all new business forms are

ConductclientandinvestorAML/ATFreviewsas part ofprocessingsubscriptions,redemptions and

PreparationofriskandcompliancereportstotheBoardand

Review,updateand implement compliancepolicies, procedures, internalchecklistsandtemplate documents, governance and risk frameworks, economic sanctions and CDD to meet Cayman Islands and Bermuda’s regulatory and Gallagher/Artex International requirements.

Liaise with internal and external clients as required, for problem resolution and appropriate relationship management,

Respond to compliance queries providing guidance and advice on matters relating to KYC and CDD for new and existing clients/investors and perform general AML/ATF activities for clients across all levels and client service teams.

Maintenance of the Artex/clients’ Risk Appetite Statements, Business Risk Assessments and internal risk management system Rhiza, in respect of applicable risks and identify any changes or gaps for consideration by their respective boards/committees.

ConductscheduledmonitoringandupdateofClient RiskProfiles resetting next review dates, and maintain the Client Risk Matrix.

CompletionofEnhancedDueDiligence (EDD) Reviews, and complex structure

OversightofgatheringCDD for accepted new business, revision and final sign-off of Client Risk Profiles, that fall under Artex Capital Solutions and Artex Risk Solutions (Bermuda)

Reviewandoversightofscreening/sanctionsreviews(DowJones,LexisNexis )fornew business, trigger events (change of directors, controllers etc.), new payees, beneficiaries, instructions from BMA etc. (to include reviewing and clearing of all alerts, liaising with MLRO/DMLRO when appropriate).

Assistthe SVP, Headof Risk & Compliance,Bermuda & Cayman tosupportandprovideguidanceandtrainingtoallstaff including Board level, as well as clients where

Support the SVP, Head of Compliance, Bermuda & Cayman with horizon scanning to address any new local and international AML/ATF compliance risks as well as any changes to the legal/regulatory landscape that may impact the company and its clients.

ProvideClientServiceTeams(CST)withsupportinthecompletionofBMA DataCalls, clientDue Diligence Questionnaires and AML Comfort letters

Maintenanceofregisters,includingdeclined,closedandlostbusiness,Complaints, Gifts, Incident and ISARs/SAR’s.

Reporterrors andomissionissuesandpotential mattersas they arise to the SVP, Head of Risk & Compliance, Bermuda & Cayman and oversee any remediation

FacilitatecomplianceInternal

Support the SVP, Head of Risk & Compliance, Bermuda & Cayman as point of contact for Bermuda Monetary Authority (BMA) thematic and ad-hoc reviews and on-site

Developastrongcompliance

Conductanyothercomplianceadhocwork/projectsas

Project Work

OverseeKYCremediationofrelevantclient

• Reconcileindividualandentitynameswithin KYC360 againstcompanyclientlists,and address any gaps identified.
• Reviewnewbusinesstake-onandtriggereventprocesses(newdirector,changeincontroller) as required to reflect any updates applied to relevant policies and procedures.
• Review and update scheduled Client Risk Profile

Business managementresponsibilities

AdheretoArtexPoliciesandProceduresatall

AttendanceasamemberoftheRisk???

Undertakeallactivitiesinaprofessionalandethical

Attendandactivelyparticipateininternalmeeting

Contributetotheoverallpositiveworkingenvironmentwithimpeccableb

About you

• Experience with compliance onboarding and ongoing monitoring of alternative risk transfers, captive and commercial, segregated accounts, fund services and ILS clients
• Demonstratedcomprehensiveunderstanding andapplicationof Bermuda compliance, Sanctions and Anti-Bribery legislation requirements
• Be knowledgeable with international sanctions, financial crime (money laundering, bribery, corruption, insider trading and fraud), counterparty due diligence and risk management as well the regulatory regime of offshore jurisdictions
• 5years’ experience at mid-senior level in similar Compliance role
• Advanced Certificate/Diploma level ICA, CAMS or equivalent –GRC, Financial Crime Prevention/Compliance

Ahighlevelofcomputerliteracy

Integrity

Provenleadershipskills

• Confident, strong communicator and presenter (written and verbal) with influencing skills
• Abilitytoworkunderpressure,workwell within a team and under own initiative as required
• Flexible enough to maintain high quality work with attention to detail in a demanding environment, with ability to meet short deadlines and changing

UnderstandingofCaymanIslandsregulationswouldbeanasset

Able to apply strategic thinking and sound judgement to support business objectives.

Strong communication, written and collaboration skills, with the ability to build effective relationships across diverse teams and regions.

Compensation and benefits

At Gallagher, we believe supporting our colleagues goes far beyond the role itself. For more information, visit our Benefits page.

Competitive compensation

Comprehensive benefits programs designed to support your well-being

Career development opportunities and ongoing learning

A collaborative, people-first culture with accessible leadership

The opportunity to do meaningful work with global reach and local impact

At Gallagher, we are dedicated to building an inclusive and authentic workplace. If your past experience doesn’t align perfectly, we encourage you to join our Talent Community to stay connected to additional career opportunities. At times, we will consider transferable skills from previous roles.

Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)