About the Role:
The Sanctions Payments and Name Screening Reviewer is responsible for conducting thorough reviews of sanctions-related payments and name screening activities to ensure compliance with international and local sanctions standards. This role involves analyzing transactional data for any potential sanctions activities and investigating sanctions hits. The position includes developing and delivering sanctions screening reports and managing related matters to the Head of Sanctions through the Senior Officers / Team Managers.
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Key Accountabilities of the Role:
- Investigate potential sanctions alerts as Level 1/Level 2 reviewer in line with sanctions policies and procedures.
- Make decisions on whether to clear or block transactions based on investigations.
- Determine whether to close name screening alerts as false or true matches based on investigations.
- Ensure review and disposition are adequately documented.
- Operate within agreed SLAs and maintain the highest quality standards.
- Prepare and submit process-related reports.
- Stay updated with changes in sanctions regulations and guidelines.
- Review responses to RFIs received and take decisions based on further investigations in line with policies and procedures.
- Perform investigations and analyses based on correspondent bank and regulatory inquiries as required, thoroughly documenting and maintaining related investigation files.
- Work closely with the Sanctions Manager and Senior Officers to ensure timely reporting of true matches or breaches.
- Escalate significant sanctions-related matters to Sanction Management.
- Participate in and support Senior Sanctions Officers, Managers, and the Head of Sanctions in the delivery of training on sanctions and other activities to enhance the effectiveness of the Sanctions Compliance Program.
Specialist Skills / Technical Knowledge Required for this Role:
- Good understanding of UN, EU, UK, and US (OFAC) / Export Controls sanctions regulations.
- Good knowledge and experience in reviewing payments, trade transactions, and name screening.
- Proficient writing, strong communication, and interpersonal skills.
- Report writing skills.
- Ability to multi-task, prioritize workload, and meet deadlines.
- Ability to work independently as well as in a team.
- Proficiency in MS Office (Word, Excel, and PowerPoint).
- Fluent in English; ability to read and communicate in Arabic is an added advantage.
Additional Skills:
- Experience in using compliance screening systems.
