Role summary
Sanctions Screening Specialist within a financial institution, responsible for conducting periodic sanctions screening, developing screening systems, and ensuring compliance with local and international regulations.
Responsibilities
- 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 sanction lists verification
- Review sanctions screening alerts and cases taking appropriate actions within applicable SLAs
- Maintain current knowledge about local and international sanctions and embargo laws and regulations
- Conduct delta batch screening process ensuring incremental updates to screening databases efficiently and accurately
- Conduct screening of new onboarding requests for accounts and products to identify potential sanctions violations
- Conduct screening of transactional activities to detect and investigate suspicious or potentially sanctioned transactions
- Understand and follow clearly articulated guidance on completing assigned tasks
- Utilize allocated resources efficiently to complete tasks per defined standards
- Comply with established policies, processes, and procedures ensuring work accuracy
- Address simple recurring issues independently while escalating complex challenges appropriately
- Contribute to continuous improvement efforts by identifying inefficiencies in routine activities
- Actively participate in pre-defined development initiatives to enhance skills and knowledge