Sanctions Officer

To handle  day-to-day review of transactions related to the Group Sanctions & Terrorist Financing Policy Standard and its application to the various Division business operations in all businesses in which the Bank operates.

Accountabilities:

• Investigate, review and highlight economic sanction related transaction alerts
• Assist in the process review and enhancement related to the referral, escalation and resolution of sanctions alerts
• Assist and support in advising business units relating to compliance with international sanctions regimes and associated risks to create a strong compliance culture
• Assist in compliance responsibilities to manage and mitigate Sanctions risk
• Assist to mitigate sanctions compliance risks, foster a compliance culture in the Bank and optimize relations with the Regulators, Correspondent banks, protect the reputation of the Bank, comply with applicable Sanction policies, standards & local laws & regulations
• Assist in meeting its compliance obligations as outlined in the Group's Sanctions Policy relating to identification of suspicious activity
• Assist in providing support and assistance on the implementation and operation of the sanctions compliance systems

Qualification:

• Higher Diploma (UAE National)/ University Degree or Equivalent (Expat)
• CAMS certified preferred

Experience:

• Minimum of 3 years of experience in the Sanctions - Compliance in financial sector