Sanctions Specialist (AVP Level)
Hybrid- onsite 1 day/week -115 South Jefferson Rd Whippany NJ 07981 Business Area- financial crime
Pay Rate: $60/hr. W2
Overall purpose of role
To identify and conduct the appropriate analysis and due diligence on Sanctions alerts to ensure the appropriate action is taken against customers and payment activity as defined by the Sanctions Standards and Restricted Activity Matrix, ensuring that the organisation adheres to all applicable sanction's laws and
regulations and internal governance, such that client accounts are not held and transactions are not processed in breach of application laws and regulations.
Understanding the objectives of the Global Sanctions Function and the control frameworks and embed a culture of compliance with sanctions.
Revision of escalated cases and confirm a True Match in line with regulations/policy accurately and in atimely manner, feeding back on instances of incorrect escalation.
Management and provision of guidance in the completion of complex sanctions investigations, ensuring that matters are correctly managed and follow appropriate escalation routes, while involving the relevantstakeholders early and fully.
Due diligence on Payment Screening alerts to determine the appropriate treatment and next steps for the payment in line with documented procedures following the defined governance process and approvals as required. Escalation of Customer Screening True Matches to appropriate Business Aligned Sanctions Team for assessment.
Identification of opportunities to drive efficiencies in the alert management process and feed these back tothe appropriate team(s) to implement.
Numbers & Facts
Location
Whippany, NJ
Skills
Analysis Skillsunmatched
Applications Securityunmatched
Customer Escalationsunmatched
Due Diligenceunmatched
Regulationsunmatched
Transaction Processing/Managementunmatched
🎯
Be found by employers
5,500+ employers search our resume database daily. Add yours to get found by recruiters looking for candidates like you.
Level up your application
Professional resume templates
Browse dozens of recruiter approved resume templates, layouts and formats. Choose your favorite and make it your own in minutes.