Analysing and investigating alerts generated against Sanction Screening lists and related watchlists originated from SWIFT messages according to global sanctions screening policy and guidelines.
Conduct alert investigation using global standard policies, procedures and tools aimed at meeting internal and external regulatory requirements. As a result of the investigation, report unusual client activities that might be related to sanctions, money laundering or terrorist financing.
Conducting searches, gathering data and recording evidence from internal systems, the internet, commercial databases and inquiry with business or Compliance contacts within the organization.
Ensure that all alert analysis and investigations are performed within timeframe provided in the policy and stipulated in the SLA’s with the different stakeholders.
Monitoring adherence to the Sanctions Policy and relevant procedures; staying current on key Sanctions regulatory changes, key enforcement actions and related industry trends.
Interacting with relevant teams to raise awareness of Sanctions trends, emerging issues, remedial actions or enhancements to the program.
Making recommendations to the design and maintenance of a comprehensive written Operations Sanctions Framework (procedures and policies).
Identify opportunities for the reduction of false positives via whitelisting
Manage the mailbox and respond to any urgent requests.
Additional duties as assigned.
Qualification & Experience
2 – 4 years of banking experience, preferably in AML, OFAC, Sanctions Screening or related field.
2 years minimum experience in reviewing SWIFT Sanctions Screening workflows and alerts.
Strong Knowledge of AML, Counter terrorist financing, Sanctions, Embargoes, Global Watchlists and related typologies