Senior Sanctions Analyst

The role of a Senior Sanctions Analyst is pivotal in ensuring that a company's operations are aligned with the ever-evolving international sanctions regulations. This position demands an expert understanding of global sanctions frameworks, such as those imposed by the United Nations, European Union, and US Treasury's OFAC (Office of Foreign Assets Control). In this role, the analyst is responsible for conducting detailed investigations and assessments of the company's dealings involving countries and entities subjected to sanctions. A Senior Sanctions Analyst acts as an internal consultant, assisting in compliance enhancement, providing training, and advising on mitigating risks associated with sanctioned relationships. They play a critical part in safeguarding the company from legal and financial repercussions by ensuring that organizational activities comply with applicable sanctions laws and guidelines. The analyst must be adept at interpreting complex regulations and translating them into actionable instructions, which support the company's compliance goals.

Responsibilities

• Conduct thorough reviews of transactions against global sanctions lists to ensure compliance.
• Stay informed on changes in international sanctions regulations and update internal policies accordingly.
• Lead internal audits related to sanctions compliance to identify potential areas of risk.
• Develop and deliver training programs to enhance sanctions compliance awareness among employees.
• Advise senior management on sanctions-related risks and propose mitigation strategies.
• Investigate and resolve sanctions-related alerts generated by screening systems promptly.
• Collaborate with legal and compliance teams to strengthen the sanctions control framework.
• Prepare detailed reports on sanctions compliance efforts for audit and regulatory purposes.
• Provide expert interpretation of complex regulatory requirements pertaining to sanctions laws.
• Manage relationships with external stakeholders, including regulators and industry experts.
• Monitor geopolitical events to assess their impact on the organization's sanctions posture.
• Contribute to the development of sanctions-related company policies and procedures.

Requirements

• Bachelor's degree in finance, law, international relations, or a related field.
• Minimum of 5 years' experience in a sanctions compliance or related role.
• Strong knowledge of global sanctions regimes and regulations, including OFAC.
• Proven ability to interpret complex regulatory information and provide actionable insights.
• Experience in using sanctions screening tools to detect irregularities and escalate appropriately.
• Exceptional analytical and problem-solving skills to evaluate potential sanctions risks.
• Effective communication skills for training and advising diverse teams on sanctions matters.
• High ethical standards and commitment to maintaining regulatory compliance.
• Capability to work autonomously and manage multiple tasks within tight deadlines.