Hiring Senior Associate For SAR /Sanctions Screening Specialist

Key Responsibilities:

• Sanctions Screening:

  Conduct thorough sanctions screening of customers, transactions, and counterparties to identify potential matches with global sanctions lists (e.g., OFAC, UN, EU, HM Treasury).

• Investigation:

  Investigate potential sanctions matches by gathering and analyzing relevant data, conducting research, and making informed decisions on whether to escalate or clear the case.

• Compliance Monitoring:

  Assist in the monitoring of transactions and activities to ensure adherence to AML/CFT (Countering the Financing of Terrorism) regulations and internal policies.

• Reporting:

  Prepare and submit reports on sanctions-related activities, including suspicious activity reports (SARs) and other regulatory filings as required.

• Collaboration:

  Work closely with compliance, legal, and risk management teams to address sanctions-related issues and ensure alignment with organizational goals.

• Training:

  Participate in ongoing training and development programs to stay updated on AML/CFT regulations, sanctions lists, and industry best practices.

• Documentation:

  Maintain accurate and detailed records of all sanctions-related investigations, including decisions made and actions taken.

Qualifications:

• Education:

  Bachelor's degree in Finance, Law, Business Administration, or a related field.

• Experience:

  Minimum of 1 year of experience in AML Sanctions, Compliance, or a related area.

• Knowledge:

  Familiarity with global sanctions regulations and AML/CFT frameworks. Understanding of financial crime risks and mitigation strategies.

• Skills:

• Strong analytical and problem-solving skills.
• Excellent attention to detail and ability to work with complex data.
• Effective communication and interpersonal skills.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Ability to work independently and as part of a team.

• Certifications:

  CAMS (Certified Anti-Money Laundering Specialist) certification is a plus.