Financial Crime Apprenticeship Programme 2023

Your role at a glance

Are you looking for an exciting opportunity to earn while you learn?

The L&G Apprentice programme has been designed to help you reach your potential. You will develop your skill set, gain valuable work experience and complete a fully funded professional qualification, all whilst earning a competitive salary with access to outstanding employee benefits.

With support every step of the way and access to core skills training, you will contribute to the success of a team and be supported by a dedicated line manager. As part of a cohort of apprentices, you will also have the opportunity to connect with your peers and colleagues though networking opportunities and social events.

Joining L&G is the beginning to a future that will be anything but familiar. So take a closer look, get involved, be curious and find out how we will enable you to be at your best no matter who you are.

Please note, we recruit on a rolling basis so the role may close earlier than advertised.

The start date for the programme will be September 2023.

What you'll be doing

Financial Crime Apprentices will join Legal & General’s Financial Crime Operations team which consists of two specialist teams: Central Screening Function and the Enhanced Due Diligence team. These teams work to protect Legal & General from possible financial crime matters. Services these teams perform include:

• Conducting in-depth reviews and investigations into new and existing relationships
• Determining if relationships could be harmful to L&G and escalating as required
• The screening of customers at onboarding stage, identifying if there is or is a risk presented
• Review of true matches to potential or known criminals, terrorists or sanctioned individual or entities.
• Review of alleged Bribery cases, Money Laundering alerts, Enforcement alert reviews, Politically Exposed Persons (PEPs) and Sanctioned individuals/entities

As a Financial Crime apprentice analyst, no working day is the same, so if you like variety within a safe environment (e.g. industry standards, guidelines and best practice) and you love to ask questions to delve deeper and understand why something does (or doesn’t) work – then a career in risk is for you.

Join us on a 24 month programme in which you will complete a Level 3 Risk and Compliance qualification. You’ll receive on the job training and coaching from your line manager to help you gain the professional, personal, social, and methodical skills needed to succeed in a business analysis career. Practical on the job learning will include:

• Seeing, via shadowing, observation
• Assisting, via active participation and working with your team
• and lastly, “going solo” with support of your manger as your confidence and skills grow

Alongside this you’ll complete training workshops and assignments, delivered by a leading apprenticeship training provider. Combined, these will fully equip you to be successful in your role, with the knowledge and skills required to apply to real world business challenges.

During your apprenticeship you will:

• Develop your investigative techniques to use existing and/or publicly available information to conduct risk-based Customer Due Diligence (CDD) or Enhanced Due Diligence (EDD)
• Review screening alerts to identify and assess to identify and risk assess matches supporting the team to complete necessary risk assessments
• Review Legal & General systems with support from your team to assist Financial Crime Consultants with their investigations into Internal Suspicious Activity referrals
• Capture information to support a risk based decision in the specified documentation format.
• Ensure accurate entry of data in the CDD & EDD records or systems. Identify and escalate any issues or risks that require further assistance from financial crime advisory specialists or management
• Have the opportunity to support the team in production of MI data.
• Assist members of the team in the production of reports suitable for senior management and external bodies, including FCA, Action Fraud and the National Crime Agency (NCA).
• Through investigations and screening you will develop your stakeholder analysis and management skills.
• Develop and enhance personal skills such as confidence, assertiveness, focus, adaptability, curiosity
• Develop methodical skills such as problem solving, creative thinking, time management
• Apply the knowledge and skills that you’ve learnt from your training into the role

What we're looking for

The person who would most benefit and enjoy this programme is hungry to learn and eager to get started in the world of work. We’re not expecting prior industry experience, but we’ll want to see that you have the aptitude, potential and desire which will ultimately lead to you being successful. We’ll teach you the rest!

To qualify for the programme, you will need:

• 5 x GCSE’s at grade 4-9 (A-C) or above (or equivalent) including Maths and English
• Minimum 96 UCAS points from your Level 3 Qualifications e.g. A 'levels or equivalent
• To not currently be on a government funded training course, e.g. on apprenticeship
• The right to work in the UK and have lived in the UK or EEA for the past 3 consecutive years.

Benefits

When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.

About L&G

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

About the business area

Helping over ten million people around the world manage their savings, retirement plans and life insurance requires a lot of people behind-the-scenes. It’s up to us in L&G Group functions – which includes our tech and digital teams, Group Finance, HR, Risk and Corporate Comms to provide the essential support services that all areas of the business need, here in the UK and overseas. Simply put, we enable everyone at Legal & General to do what they do best. That means we’re helping to improve our customers’ lives, and contributing to the success of the business every day.

Our commitments to you

Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

How to find out more

If this opportunity excites you but you’re not sure you meet all the requirements, or you’d like to know a bit more, please email futuretalentrecruitment@landg.com.

If you’d like to be considered for this role, please submit your application through our careers website as we’re not accepting email applications.