Senior Sanctions Officer

THE COMPANY:

Our client is a prestigious wealth firm.  They are looking for a Senior Sanctions Officer to join the team on a permanent basis.

THE RESPONSIBILITIES:

• Oversee the maintenance of Sanctions and ABC related policies, procedures and guidance notes to ensure compliance with policy
• Review and assessment of regulatory updates to ensure compliance with Sanctions and laws and regulations.
• Collaboration on the sanctions Compliance framework.
• KYC – Review and advise on existing and new account files to ensure that all sanctions and ABC issues are identified, investigated, remediated and documented.
• Risk Committees – Attendance at internal risk committees, providing SME guidance on Sanctions risk
• Alert management – Act as escalation point for sanctions related true matches for client data and real time transaction screening.
• Providing 1st line business support assessing sanctions risks/issues – Including advising the business on client and third-party due diligence requirements
• Respond to external sanctions related queries, including Requests for Information from correspondent banks and other institutions.
• Oversee timely and accurate reporting
• Receive, investigate and report sanctions related issues escalated by management or staff.
• Drafting license requests, any other regulatory engagement required
• Oversight of periodic controls including quality assurance
• Supporting the delivery of the Sanctions annual risk assessments
• Lead Compliance engagement in internal and external audits relating to Sanctions
• Identify Sanctions related training needs, supporting the delivery of online and face-to-face compliance training for staff.
• Assist with strategic initiatives and compliance projects beyond Sanctions when requested

EXPERIENCE REQUIRED:

• Proven experience in a specialist Sanctions and/or Anti-Bribery and Corruption compliance with deep expertise in sanctions across the UK and EU
• Strong knowledge of UK sanctions (OFSI), EU, UN, and US (OFAC) regimes and experience engaging with regulatory bodies including OFSI
• Experience of operating in a Group-level or multi-jurisdictional compliance environment.
• Familiarity with sanctions screening tools, alert handling, and escalation protocols.
• Excellent stakeholder engagement skills, including interaction with senior management and regulators.
• Please note this role is for a specialist sanctions individual rather than broad financial crime

For further information please contact Natalie Eshelby