Sanctions Compliance Officer

7 Months

City Centre

€25 - €28 per hour

Responsibilities:

• Understanding and monitoring the legal and regulatory environment through various methods to provide up-to-date knowledge and expertise relevant to Sanctions Compliance.
• Knowledge of OFAC, EU, UN and UK HMT sanctions regimes.
• Become a member of the EMEA Sanctions team and act as the Level 3 escalation point for complex sanctions escalations.
• Review and assess the sanctions risks associated with all episodic and standalone deals. These are often urgent, high profile transactions so thorough investigation and attention to detail is required.
• Review new and existing client relationships to ascertain the associated sanctions risks as a component of the KYC process
• Regular interaction with Sanctions legal to ensure sufficient contractual protection is in place when required.
• Point person in the region responsible for sanctions communications including distributing and confirming the screening of sanctions lists updates.
• Regular interaction with Global Sanctions Compliance on all OFAC related matters.
• Liaison with regulators on sanctions license related matters.
• Ad-Hoc projects.

Requirements:

• 7 - 8 years' experience within a similar role
• AML/Compliance exposure
• Previous banking exposure
• Previous sanctions exposure a plus but not necessary as successful applicants will receive full training

Please call Rossa Gallagher at Marks Sattin recruitment on 01 477 3267 to discuss further

Alternatively, if this is not for you but you would like to refer a friend, we reward referrals on placement with a €250 one-for-all voucher