Senior Manager, Sanctions Governance.
Role Overview
Senior Manager, Sanctions Governance is a bank leadership role responsible for bank-wide sanctions compliance and trade-based money laundering programmes.
Key Skills for This Role
Full Job Posting
About Commercial Bank of Qatar
Commercial Bank was founded in 1975 and is headquartered in Doha.
The bank provides personal, business, government, international, and investment services.
Role summary
Senior Manager, Sanctions Governance is a bank leadership role responsible for bank-wide sanctions compliance and trade-based money laundering programmes.
Leadership and sanctions advisory
- Lead sanctions alert decision-making and analysis, and manage, monitor, and test sanctions screening tools, including Firco systems.
- Handle correspondent banking queries concerning transactions affected by international sanctions.
- Track sanctions guidance and advise senior management and business divisions on trends, issues, remediation, and programme improvements.
- Advise on high-risk transactions, consult external legal advisers as needed, and provide guidance to Qatar financial intelligence and anti-money-laundering bodies.
- Identify sanctions issues in product approvals, recommend control improvements, and identify training needs.
Risk, controls, and reviews
- Analyze direct and indirect legal and reputational sanctions risks in high-risk transactions and client onboarding, including periodic reviews.
- Develop sanctions mitigation strategies, policies, and procedures, and maintain internal watchlists and programme records.
- Review agreements, policies, procedures, manuals, risk participation contracts, international deals, and high-risk account openings for compliance.
- Assess bank-wide exposure to TBML and financial sanctions violations, then develop appropriate strategies, policies, systems, and controls.
- Oversee payment screening and appropriate action on blocked-party payments while preventing unjustified blocks.
- Provide timely advice on payments with complex local or international sanctions implications.
Relevant expertise
- The role covers sanctions regimes including OFAC, EU, UK, UN, and NCTC.
- Screening systems named include Firco Continuity, Firco Trust, Firco Multi-Law System, and Firco List Management System.
Requirements
- Leadership role with functional responsibility for designing, developing, implementing, and monitoring bank-wide sanctions compliance and TBML programmes.
- Remain current with international sanctions laws and regulations, including OFAC, EU, UK, UN, NCTC, and other international sanctions.
- Provide sanctions advice on high-risk transactions and compliance issues to senior stakeholders.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Commercial Bank Qatar
Relationship Manager
, QAT
The bank is seeking a Relationship Manager to grow and retain a portfolio of Miqdam Banking customers through personalized banking and wealth advisory. The role includes customer acquisition, portfolio planning, cross-se
Relationship Manager
, QAT
The bank seeks a Relationship Manager to grow and manage a portfolio of Miqdam Banking customers through personalized banking, lending, investment, and wealth advisory services. The role requires customer relationship an
Relationship Manager-Government Relations
, QAT
Commercial Bank Qatar seeks a Relationship Manager to achieve sales and revenue targets as a single point of contact for enterprise banking customers. The role covers working capital finance, trade services, cash managem
Relationship Manager-Government Relations
, QAT
Commercial Bank Qatar seeks a Relationship Manager for Government Relations to achieve sales and revenue targets by serving as a single point of contact for enterprise banking customers, covering working capital finance,
Data Science Expert
, QAT
Commercial Bank of Qatar seeks a Data Science Expert to build advanced analytics, predictive models, and AI/ML capabilities for banking use cases. The role covers data mining, model design and testing, data visualization
Relationship Manager-Government Relations
, QAT
Seeking a Relationship Manager to achieve sales and revenue targets while serving as a single point of contact for enterprise banking customers. The role supports account opening, deposits, remittances, and advises on fi
Relationship Manager-Government Relations
, QAT
The bank seeks an experienced relationship manager to achieve sales and revenue targets while serving as a single point of contact for customer banking needs. The role involves advising customers on corporate banking, le
Data Science Expert
, QAT
Commercial Bank Qatar seeks an experienced data science specialist to advance its analytics and AI capabilities in banking. The role develops and implements analytical models and data science solutions, requiring 7+ year
Relationship Manager
, QAT
Relationship Manager
, QAT
Relationship Manager-Government Relations
, QAT
Relationship Manager-Government Relations
, QAT
Data Science Expert
, QAT
Relationship Manager-Government Relations
, QAT
Relationship Manager-Government Relations
, QAT
Data Science Expert
, QAT