Sanctions Screening Analyst (x2)

The role holder will provide support to the Anti-Money Laundering and Sanctions Manager and Sanctions Screening Manager. The role holder will primarily support the team with the enhancement of the sanctions screening processes, as well as reviewing and assessing sanctions alerts from the screening tool. The role holder will act as a Sanctions Screening Analyst in the best interests of the company.
KEY ACCOUNTABILITIES/DELIVERABLES
Investigate referrals of potential sanctions from overseas service centres:
* Follow set processes to conduct open source checks
* Build or review existing profiles to compare against potential sanctions matches
* Cross reference open source information against in-house source systems
* Provide a concise rationale to each alert reviewed and dismiss or escalate the alert accordingly
* Liaise with the business divisions as part of the investigation of sanctions alerts
* Escalate potential sanctions matches to the Sanctions Screening Manager
* Support with the enhancement of sanctions screening processes including testing requirements
* Record and provide relevant management information to the Sanctions Screening Manager
* Support Financial Crime Team related projects, providing assistance to manage and deliver these projects in a timely manner
* Ensure relevant financial crime logs are maintained.
PERSON SPECIFICATION
Qualifications:
* Educated to a degree level, or with equivalent experience; Technical Knowledge
* An understanding and working knowledge of current financial crime practices, in particular sanctions legislation and alert handling techniques
* Able to get up to speed on new subjects quickly, and deliver high quality output within tight deadlines
* An understanding of financial crime risk outcomes.
Experience:
* Experience of sanctions legislation and ability to handle potential sanctions alerts essential
* Experience of Insurance/Reinsurance sector beneficial, particularly the broking environment