Compliance Officer – Sanctions

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

📋 Description

• Analyze and interpret both domestic and international sanctions (UAE, US, UK, EU, UN, etc.) while maintaining a comprehensive understanding of the sanctions that affect the bank and its branches or subsidiaries.

• Conduct investigations into complex and high-risk sanctions alerts in accordance with regulatory requirements and internal compliance policies and procedures.

• Ensure complete compliance with the Group Sanctions Policy, including associated sanctions guidance and operational procedures.

• Assist the Compliance Manager in identifying trends and themes related to sanctions risks, enhancing the bank's capacity for sanctions risk management.

• Review and resolve sanctions screening alerts through thorough investigation and adherence to established policies, standards, and procedures.

• Bring any concerns, trends, and patterns to the attention of the Compliance Manager.

• Collaborate with business units to address alerts and client information effectively.

• Manage sanctions referrals in line with the Bank’s policy, ensuring compliance with applicable sanctions policies, standards, and guidance.

• Provide robust support while maintaining metrics according to internal procedures; prepare monthly and ad hoc management reports.

• Identify and escalate areas needing attention or improvement, recommending changes in accordance with industry standards and applicable regulations.

• Maintain confidential and secure records in alignment with the record retention policy and SOP guidelines.

• Foster effective working relationships with Business, Operations, and other Compliance functions.

• Contribute to Compliance projects, including the implementation of system and procedural changes.

⛳️ Requirements

• Over 3 years of banking experience, including a background in compliance.

• Compliance risk professional with experience in one or more risk compliance roles, specifically with relevant sanctions experience.

• Familiarity with sanctions regulations and guidelines.

• Solid understanding of the Bank’s Compliance, Sanctions, AML, and KYC/CDD policies and procedures.

• Adequate knowledge of various sanctions programs, such as OFAC, UN, UK, EU, and UAE Target Financial Sanctions.

• Experience in the financial services sector.

• Clear understanding of relevant business and operational processes that support sanctions screening.

• Good grasp of core banking and sanctions screening systems and their interactions and usage.

• Lateral thinker capable of interpreting and resolving complex issues.

• Excellent communicator with strong interpersonal and influencing abilities.

• Adaptable to change, providing input whenever necessary.

• Effective team player with a collaborative work style.

• Professional qualifications (such as ACAMS, CGSS) are desirable.

🏝️ Benefits

• A competitive salary and performance-based bonuses.

• Comprehensive health and wellness programs.

• Opportunities for professional development and training.

• A supportive work environment encouraging work-life balance.