Assistant Compliance Manager – Sanctions Unit

This is a fully remote position, open to applicants in Pakistan.

📋 Description

• Interpret both domestic and international sanctions, encompassing UAE, US, UK, EU, and UN regulations.

• Maintain a comprehensive awareness of sanctions that affect the bank, its branches, and subsidiaries.

• Conduct thorough reviews of cases that have been escalated from sanctions alert assessments or other sources.

• Investigate potential illegal activities and breaches of economic or trade sanctions.

• Ensure compliance with the Group Sanctions Policy, related guidance, and operational procedures.

• Assist the Compliance Manager in identifying emerging themes and trends related to sanctions.

• Examine customer activities across various business segments and portfolios for risks associated with sanctions and export control.

• Utilize analytical techniques to assess complex information and provide well-supported recommendations.

• Exercise sound judgment in the investigation of cases and formulation of recommendations.

• Document findings within case management systems and generate management reports.

• Manage sanctions referrals in accordance with bank policies and escalate to the Compliance Manager as necessary.

• Develop and sustain policies and procedures pertinent to the function.

• Track metrics and statistics, preparing both monthly and ad hoc management reports.

• Identify areas that require enhancement and suggest improvements in line with regulatory and industry standards.

• Keep confidential and secure records in compliance with retention policies and standard operating procedures.

• Cultivate effective relationships with Business, Operations, and Compliance divisions.

• Support Compliance projects, including changes to systems and procedures.

⛳️ Requirements

• 3-5 years of experience in banking, including a minimum of 2 years in compliance roles.

• Proven experience in one or more risk compliance positions, particularly with Sanctions.

• Strong knowledge of Sanctions regulations and industry guidelines.

• Ability to interpret and resolve complex issues effectively.

• Capability to work efficiently with meticulous attention to detail in investigations, analysis, and documentation.

• Excellent communication, interpersonal, and problem-solving abilities.

• Adaptability to change and willingness to provide necessary input.

• Ability to collaborate effectively as a team player.

• A professional qualification such as ACAMS or CGSS is preferred.

• Solid understanding of Compliance, Sanctions, AML, and KYC/CDD policies and procedures.

• Familiarity with OFAC, UN, UK, EU, and UAE Target Financial Sanctions programs.

• Experience in the financial services sector.

• Understanding of business and operational processes that support sanctions screening.

• Good comprehension of core banking systems and their usage and interaction.

🏝️ Benefits

• Competitive salary and performance-based incentives.

• Comprehensive health and wellness benefits.

• Opportunities for professional development and training.

• A supportive and inclusive work environment.

• Flexible working arrangements.