Senior Sanctions Analyst

As a Senior Sanctions Analyst, you will be responsible for conducting in-depth analysis of potential sanctions risks, ensuring compliance with all relevant laws and regulations, and developing and implementing strategies to mitigate sanctions-related risks. You will work closely with cross-functional teams to identify and address sanctions compliance issues, provide guidance on sanctions-related matters, and stay up-to-date on the latest regulatory requirements. The role requires a strong understanding of sanctions regulations, excellent analytical skills, and the ability to communicate effectively with internal and external stakeholders. The ideal candidate will have a proven track record in sanctions compliance, a keen attention to detail, and the ability to work independently and as part of a team.

Responsibilities

• Conduct thorough analysis of sanctions alerts and investigate potential matches with sanctions lists.
• Review and enhance sanctions screening systems to ensure compliance with regulatory requirements.
• Monitor changes in sanctions regulations and guidelines to update internal compliance policies.
• Provide guidance to junior analysts and assist in training on sanctions compliance processes.
• Develop and implement enhanced due diligence procedures for high-risk transactions and customers.
• Collaborate with internal stakeholders, including legal and compliance teams, to address sanctions-related issues.
• Prepare and submit regulatory reports related to sanctions compliance activities.
• Participate in sanctions risk assessments and assist in implementing risk mitigation strategies.
• Conduct periodic reviews of sanctions screening processes and make recommendations for improvements.
• Stay current on industry best practices and trends related to sanctions compliance to ensure organizational adherence to standards.