Associate Sanction Analyst
ADIB · United Arab Emirates
Role : Associate Sanction Analyst (UAE Nationals ONLY)
Location : Al Ain
ROLE PURPOSE:
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 sanction’s activities and investigation sanctions hits.
Develop and deliver sanctions screening reports and process related matters to the Head of Sanctions through the Senior Officers / Team Managers
- 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.
- Make decisions on whether to close the Name screening alert as false or true match based on investigations.
- Ensure review and disposition are adequately documented.
- Operate within agree SLA’s and maintain highest quality standards.
- Prepare and submit process related reports.
- Stay updated with changes in sanctions regulations and guidelines.
- Review the response to RFIs received and take decision based on further investigation in line with policies and procedures.
- Perform investigations and analysis based on correspondent bank and regulatory inquiries as and when required. Thoroughly document and maintain related investigation files.
- Work closely with Sanctions manager and Senior officers to ensure timely reporting of true matches or breaches.
- Ensure escalation of significant Sanctions related matters to the Sanction Management.
- Participate and support Senior Sanctions Officer, Managers and Head of Sanctions in the delivery of training on Sanctions and other activities to enhance the effectiveness of 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 reviewing of Payments, Trade transactions and Name screening.
Proficient in writing with Strong communication and interpersonal skills
Report Writing Skills
Ability to multi-task, prioritize workload and meet deadlines.
Able to work independently as well as in a team.
Ability to work on MS Office (Word, Excel and PowerPoint)
Fluent in English (Ability to read and communicate in Arabic Language will be an added advantage)
Additional Skills
Experience in using Compliance screening systems.