Job Description
Responsibilities
- Interpret domestic and international sanctions (UAE, US, UK, EU, UN etc.) and maintain sufficient awareness and knowledge of Sanctions that impact the bank and/or its branches or subsidiaries.
- Conduct investigation of complex and high-risk Sanctions alerts as per the regulatory requirements and in accordance with internal Compliance policies and procedures.
- Ensure full adherence to Group Sanctions Policy, including but not limited to related Sanctions Guidance and operating procedures.
- Support Compliance Manager in identifying Sanctions risk themes and trends and improve sanctions risk management capability.
- Review and disposition of Sanctions screening alerts through effective investigation and adherence to policies, standards and procedures. Highlight concerns, trends and patterns to Compliance Manager.
- Coordinate with the business units in relation to resolution of alerts and client information.