Sanctions screening or Advisory
|Specialisation:||Banking & Financial Services|
|Salary:||S$100000.00 - S$130000.00 per annum|
Sanctions screening role
Corporate and Investment Banking
Our client is well established bank with a strong regional presence. In order to reinforce the control in place they are currently hiring across the sanctions team.
A few openings within the Sanctions Screening & Sanctions Advisory team are available.
As an expert within Compliance Sanctions you will advise the business on the right things to do.
As a part of the Sanctions Screening Team your main responsibilities will be to:
-oversee day-to-day operations of the Screening
-responsible for managing the Bank's risk exposure pertaining to various sanctions programs
- investigate alerts escalated by the 1st level and make the final decisions
- implement sanctions monitoring programme
As part of the Sanctions Advisory Team your main responsibilities will be to:
- serve as subject matter expert, advising team members and Line of Business colleagues on current sanctions issues/trends to effectively carried out work processes/tools in mitigating related risks.
- keep updated on OFAC's list- based sanction programs, EU and local sanctions measures
- investigate alerts escalated by the level 2 and make the final decisions then perform level 3 alert control clearance process
-conduct training for colleagues from Line of Business and Operations Team periodically on changes to Bank policies or when new sanctions programs are implemented.
As part of the AML Regional Sanctions Advisory Team, your main responsibilities will be to:
-provide coaching and enhance work processes to optimize the effectiveness/efficiency of the team
-assist in conducting enhanced due diligence review on sensitive clients as well as DCM and corporate finance transactions
-identify, investigate and escalate suspicious transaction activity
-liaise with legal department on contractual management of sanctions. Legal background and Degree is a must to have to be eligible for this particular role.
To qualify, individuals must possess:
At least 5 years banking experience, with 3 to 5 years in sanctions advisory or sanctions screening related work
Have knowledge and understanding of SG, UN, OFAC, EU sanctions.
Long term career commitment
If you are interested in the role above please get in touch directly with Stephanie
Contact Stephanie Aglae for further discussion on (65) 6854 5634 or APPLY NOW
Reference number SLA41653
Please note that only successful candidate will be notified.
Data provided is for recruitment purposes only.
Business Licence Number: 200611680D.
Licence Number: 10C5117 EA registration Number R1326161