Job Description

• 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.