Job Title: Sanctions Compliance Officer
Location: London, U.K.
Department: Financial Crime, Compliance
Employment Type: 9 Months Fixed Term Contract
Work Pattern: Full-Time 

Overview:

Working in the 2LoD London Sanctions Advisory Team (LSA), the role holder will be required to provide support in numerous areas. This will include providing research and analysis into referrals and investigations received by the team to conduct timely and accurate due diligence.

The role holder will be expected to collate data to support management information for committee meetings.

There will be an ongoing requirement to review sanctions alerts and the role holder must have experience in doing this. Ongoing research into risk assessments, audits, Quality Assurance and Compliance Monitoring reviews will be required.

The Sanctions Compliance Officer will be part of a small team and will be expected to actively contribute to the enhancement of the sanctions control framework of the Bank, and also undertake tasks as assigned by the line manager.

Overall the role holder must be confident in their understand of sanctions and their application.

What You Will Be Doing:

• Assist in the sanctions risk assessment process.
• Must have an understand of Trade Finance in the context of financial crime.
• Undertake and support QA and other reviews as required.
• Transactional analysis – undertake a look-back of customer account activity as part of the investigative process.
• Sanctions screening and alert review – to conduct a review of alerts generated in relation to sanctions and provide support to the team in the collation of material and research.
• Assist in the collations and preparation of MI for senior stakeholders.
• Support the policy review process by conducting research into latest industry, legal and other relevant guidance.
• Keep abreast of changes to the geo-political global sanctions landscape, and review updates to sanctions Directives / laws / best practice and ensure that the team are aware. Conduct research on sanctions lists.
• Training – research changes in sanctions compliance and ensure that the internal sanctions training is reflective of this. Draft training material under the guidance of the line manager. Participate in the training as required.
• To support systems testing in relation to sanctions.

Candidate Specification:

• Understanding of global sanctions risks. 
• Understanding overlap of sanctions compliance and wider financial crime. 
• Knowledge of Trade Finance. 
• Understanding of sanctions and legislations and Directives. 
• Knowledge of the risk assessment process (and other reviews). 
• It is highly desirable if you have a Bachelor’s degree or Masters degree in a relevant subject. Relevant industry qualifications preferred. 
• Must have worked in a sanction’s compliance team in a bank. 
• Minimum 2-3 years’ experience in sanctions compliance. 
• Motivated and driven.
  Very strong written and verbal skills. 
• Adept as conducting research work. 
• Confidence with good presentation skills.

Equal Employment Opportunity

Bank ABC is committed to the principles of equal employment opportunity for all employees and applicants and, in accordance with applicable laws, does not discriminate on the basis of sex, gender identity, gender expression, race, color, religion, national origin, ancestry, age, marital status, disability, medical condition, sexual orientation, or on any other basis prohibited by law.

We welcome applications from people with disabilities and are committed to providing reasonable adjustments, where necessary, to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process, require any reasonable adjustments or an application to Access to work please contact the recruitment lead on: michael.williams@bank-abc.com