Senior Sanctions Officer
- London
- Permanent
- Full-time
- 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
- 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