Interpret domestic and international sanctions (UAE, US, UK, EU, UN etc.) and maintain sufficient awareness and knowledge of Sanctions that impact the bank and/or its branches or subsidiaries.
Conduct investigation of complex and high-risk Sanctions alerts as per the regulatory requirements and in accordance with internal Compliance policies and procedures.
Ensure full adherence to Group Sanctions Policy, including but not limited to related Sanctions Guidance and operating procedures.
Support senior Compliance Manager in identifying Sanctions risk themes and trends and improve sanctions risk management capability.
Provide subject matter expertise to mitigate risks associated with Sanctioned entities and transactions.
Provide training to Compliance staff on Sanctions regulations and screening systems.
Review and disposition of Sanctions screening alerts through effective investigation and adherence to policies, standards and procedures.
Highlight concerns, trends and patterns to Compliance Manager.
Coordinate with the business units in relation to resolution of alerts and client information.
Handle Sanctions referrals as per Bank's policy, ensuring no breach of the applicable sanctions policies, standards and guidance.
Assist Compliance Manager in their responsibility for complying with all relevant Laws, Rules, Regulations and Group policies related to Sanctions.
Provide guidance, support and training to Compliance Operations alert review team and business colleagues on implementation of sanctions policies and procedures.
Provide effective support and maintain metrics as per internal procedures; prepare monthly and adhoc management reports.
Identify and escalate areas requiring attention or strengthening and recommend changes and improvements in line with industry standards and applicable regulations.
Experience
5+ years banking experience including 3 years compliance experience.
Clear understanding of relevant business and operations processes that support sanctions screening.
Good understanding of core banking and Sanctions screening systems and their interaction / use.
Compliance risk professional with experience in one or more risk compliance roles including relevant Sanctions experience.
Knowledge of Sanctions regulations and guidance.
Lateral thinker with an ability to interpret and solve complex issues.
Excellent communicator with strong inter-personal and influencing skills.
Proficiency in Microsoft Office and data analysis tools.
