Banking
Specialist Sanctions Screening
- Undertake periodic sanctions screening for customers and related parties to identify any potential sanctions violations. - Contribute to the development and enhancement of screening systems, based on the verification of sanction lists matches. - Review sanctions screening alerts and cases and take the appropriate actions within the applicable SLAs. - Maintain current knowledge about local and international sanctions/Embargoes laws and regulations to assess and reflect changes where needed. - Conduct the delta batch screening process to ensure that incremental updates to screening databases are conducted efficiently and accurately, minimizing delays and ensuring compliance with regulatory requirements. - Conduct the screening of new onboarding requests for accounts and products to promptly identify any potential sanctions violations or high-risk entities, ensuring compliance with regulatory requirements prior to customer onboarding. - Conduct the screening of transactional activities to promptly detect and investigate any suspicious or potentially sanctioned/embargoed transactions, ensuring adherence to regulatory obligations and mitigating financial crime risks effectively. - Understand and follow clearly articulated guidance on how to complete assigned tasks, ensuring alignment with sub-functional goals. - Utilize allocated resources efficiently to complete tasks as per defined standards and within process boundaries. - Comply with established policies, processes, and procedures to ensure work accuracy and consistency. - Address simple, recurring issues independently while escalating complex challenges to the appropriate stakeholders. - Contribute to continuous improvement efforts by identifying inefficiencies in routine activities. - Actively participate in pre-defined development initiatives, leveraging organizational resources to enhance skills and knowledge. Additional duties and responsibilities assigned through the bank’s process as deemed necessary.
