Maintain ongoing awareness / knowledge of all applicable domestic and international Sanctions requirements recommend enhancements in Compliance controls and processes with regards to screening systems.
Actively participate in Business applications and systems development in conjunction with the Sanctions Manager to ensure compliance with sanctions requirements.
Provide value added recommendations to ensure that all systems and processes of the Bank are effective and efficient remaining within Sanctions requirements that would ensure protection of the bank’s assets / reputation.
Sanctions Compliance :
Ensure that Sanctions Screening systems and lists are running effectively in the bank, in line with Sanctions Regulatory requirements.
Maintain and update the bank’s private lists in the sanctions screening systems.
Ensure all public lists are updated in the system within the agreed TAT.
Manage all internal lists effectively and efficiently.
Review of Compliance Systems :
Review & recommend changes in Compliance system parameters of Sanctions Screening Systems within the bank.
Co-ordinate closely with Technology and vendors to ensure that these systems operate at optimum levels at all times, and test them at regular intervals.
Actively participate in applications, systems and product development and provide value added recommendations to ensure that all systems and products in the bank have appropriate controls to ensure compliance with bank’s Sanctions policy.
Test Compliance systems on regular intervals and proactively escalate critical issues and recommend solutions.
Assist in ensuring that all statutory reports and / or request for information received from regulators are handled in timely manner.
Generate analytical & statistical reports using extensive data mining applications from bank’s data ware house.
Highlight risks / point of failures in existing systems / process and advise solution / strategy to mitigate them.
Knowledge, Skills and Experience
Graduate with 5-7 years banking / AML / Sanctions Systems experience.
Knowledge and Understanding of International Sanctions.
Systems expert with advanced knowledge of MS Excel and Business Object (BO) reports and Banking Systems.
Computer literate and good command over spoken and written English.
Good presentation skills.
Efficient and logical approach to problem solving.
Audit Fraud and Compliance Group
May 21, 2018