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Avp sanctions advisory officer

London
Morgan Mckinley
Posted: 30 August
Offer description

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Head of Governance (Audit, Risk and Compliance) at Morgan McKinley

Job purpose

Support the UK Head of Sanctions in the provision of sanctions expertise and advice to the business, and second level of defence support in the governance and oversight of key sanctions risk management processes

Key responsibilities

* Support the Head of Sanctions and the team to ensure the UK has the infrastructure to comply with Group, CIB Sanctions Policy and UK legal and regulatory requirements in relation to payments filtering and sanctions screening
* Leads on the horizon scanning and tracking of UK Sanctions and Trade regulatory developments and material geo-political events programme including producing guidance, policy and recommendations (with Legal input where required) for Compliance colleagues
* Represents in relevant industry groups and advocacy initiatives to gather intelligence regarding Sanctions & Embargoes and Trade Compliance in the wider financial services sector, making recommendations to enhance the CIB UK Sanctions compliance framework where necessary
* Assist in ensuring local procedures required to implement Group Sanctions Policies and local regulations are up-to-date and appropriate
* Identify opportunities to develop and improve the effectiveness of the sanctions infrastructure governance and oversight framework
* Provide technical advice in relation to complex sanctions and embargoes queries to local stakeholders, wider UK and nearshored hubs
* Provide technical Sanctions & Embargoes payment alert disposition opinion/advice
* Develop and maintain relationships with key business stakeholders
* Review and report potential circumvention cases, voluntary self-disclosures and potential sanctions incidents/ cases
* Review and dispositioning of Sanctions name screening alerts
* Manage, control and perform regulatory reports related to the UK frozen assets
* Support on significant team processes carried out under Group and Local Policies such as List Management, controls and management information to identify any keys risks or trends
* Providing Sanctions & Embargoes training where appropriate to staff on a number of relevant laws, regulations and the standards
* Support on strategic and tactical projects affecting the CIB UK London Branch sanctions compliance framework
* Provide support/assistance to the wider team on payment and financial sanctions related topics.


Seniority level

* Seniority level

Mid-Senior level


Employment type

* Employment type

Full-time


Job function

* Job function

Other
* Industries

Investment Banking

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