Deputy Manager - Compliance Services

Role: Deputy Manager - Compliance Services

Experience: 8+ Years

Location: Trivandrum, Kerala

Skills: Core experience in Sanction, People management (Team Lead)

JD

• Bachelor's degree in finance, Business Administration, Law, or a related field. An advanced degree is preferred.
• CAMS or ICA or CFCS  
• At least 8+ years of experience in the Insurance/financial services sector (including five years in a sanctions compliance role)
• Minimum of 3 years of experience in a team leader or supervisory role, demonstrating strong leadership and team management capabilities
• AML/CFT, Sanctions, Training, Rule Management, Written Communication, Regulatory Relationship, Quality Control Analysis, Critical Thinking, Judgment and Decision Making, Complex Problem Solving, Social Perceptiveness
• Familiar with OFAC, EU, UN, UAE and OFSI sanctions regime.
• Proficiency in MS office tools (Excel, Word, PowerPoint)
• Demonstrated ability to take initiative, manage time and complete tasks
• Ability to work in a fast paced, collaborative, result-oriented environment

Key Responsibilities:

• Sanctions Screening and Investigation:

• Oversee the comprehensive sanctions screening process, ensuring accurate detection and resolution of potential matches.
• Lead complex investigations into sanctions violations, leveraging advanced analytical tools and methodologies.
• Assessing, benchmarking and recommending enhancements in the financial crime & sanctions controls
• Staying informed on the latest trends and regulatory changes in financial crime

• Team Leadership and Development:

• Build and lead a high-performing team of sanctions analysts, fostering a culture of excellence and continuous improvement.
• Conduct regular performance reviews and provide constructive feedback to support professional growth and development.
• Provide ongoing training and development opportunities, ensuring team members are equipped with the latest industry knowledge.
• Review Sanctions related training materials (i.e. e-learnings and face-to-face) and participate in the delivery of face-to-face trainings.
• Manage the available resources efficiently and prioritize system enhancement/up-grades.

• Automation and Productivity Gains:

• Drive initiatives to automate sanctions screening processes, enhancing efficiency and accuracy.
• Collaborate with technology teams to implement cutting-edge solutions that optimize workflow and reduce manual effort.

• Compliance and Regulatory Adherence:

• Responsible for advising on a wide range of international trade, regulations, economic sanctions and other compliance related issues. Good knowledge of EU, UK and international law and regulations
• Continuously monitor regulatory changes and adapt processes to maintain compliance.
• Provide updates to the wider AML/CFT and Sanctions team on current events or regulatory changes.
• Ensure the Sanctions related policies and procedures remain updated and communicated as required to all stakeholders.
• Implementation of a Sanctions escalation matrix, in order to ensure that all approvals, exemptions to the policy and requests for information (RFIs) are addressed in a timely manner

• Reporting and Documentation:

• Develop and deliver comprehensive reports on sanctions screening activities and investigation results to senior leadership.
• Maintain meticulous documentation of all processes, ensuring audit readiness and transparency.

• Stakeholder Engagement:

• Engage with internal and external stakeholders, including legal, compliance, and risk management teams, to ensure effective collaboration and information sharing.
• Represent the sanctions compliance function in meetings and discussions with senior colleagues of Group Compliance and OE Compliance
• Develop and pitch proposals for new business opportunities related to compliance services, showcasing the teams capabilities and potential value to clients.