Sanctions Analyst with Banking /Fintech  Domain

Overview

-Must

Must

Must

Role Purpose

Key Accountabilities

• Investigate potential sanctions alerts as Level 1/Level 2 reviewer in line with Sanctions policies and Procedures.
• Make decisions on whether to clear or block transactions based on investigations.
• Make decisions on whether to close the Name screening alert as false or true match based on investigations.
• Ensure review and disposition are adequately documented.
• Operate within agree SLA’s and maintain highest quality standards.
• Prepare and submit process related reports.
• Stay updated with changes in sanctions regulations and guidelines.
• Review the response to RFIs received and take decision based on further investigation in line with policies and procedures.
• Perform investigations and analysis based on correspondent bank and regulatory inquiries as and when required. Thoroughly document and maintain related investigation files.
• Work closely with Sanctions manager and Senior officers to ensure timely reporting of true matches or breaches.
• Ensure escalation of significant Sanctions related matters to the Sanction Management.
• Participate and support Senior Sanctions Officer, Managers and Head of Sanctions in the delivery of training on Sanctions and other activities to enhance the effectiveness of Sanctions Compliance Program.
• Specialist Skills / Technical Knowledge Required for this role:
• Good understanding of UN, EU, UK and US (OFAC) / Export Controls Sanctions regulations.
• Good knowledge and experience reviewing of Payments, Trade transactions and Name screening.
• Proficient in writing with Strong communication and interpersonal skills

• Report Writing Skills

• Ability to multi-task, prioritize workload and meet deadlines.
• Able to work independently as well as in a team.
• Ability to work on MS Office (Word, Excel and PowerPoint)
• Fluent in English (Ability to read and communicate in Arabic Language will be an added advantage) Additional Skills
• Experience in using Compliance screening systems. Previous experience:
• Minimum Bachelor’s degree from university in any relevant field.
• Minimum 3 years of experience in banking or financial services sector of which a minimum of 2 years of experience in Sanctions Payments Screening Role.
• Relevant compliance certification such as ACAMS, CGSS,ICA etc Skills: fintech,screening,sanctions