Anti-Money Laundering & Sanctions Officer

Anti/money Laundering and Sanctions Officer/Croydon/GBP 220/GBP 270 Per Day/6 Month Contract

My client is a global organisation in need of a talented Anti/money Laundering and Sanctions Officer.

This is an outstanding opportunity to work with one of the largest and most prestigious insurance clients in London.

The successful Anti/money Laundering and Sanctions Officer will be key in providing the sanction screening service and managing sanction enquiries across Europe and assessing management information to inform how effective sanction controls are in the business.

Anti/money Laundering and Sanctions Officer will Ensure processes and procedures are followed to manage the anti/money laundering and terrorist financing risks faced by the business such as the PEP screening service, management of Suspicious Activity Reporting process.

Anti/money Laundering and Sanctions Officer Essential Skills

Experienced compliance professional with 3+ years proven experience in economic sanctions compliance.

Strong written and verbal communication skills and the ability to collaborate with stakeholders across the business and at all levels of seniority.

Ability to understand business issues and develop solutions that meet regulatory requirements and minimise the impact on normal business activities.

Competent in the use of Microsoft Office, Accuity software, Pega, SAP and Docushare.

Excellent oral and written communication skills.

Excellent organisational skills and able to prioritise workload.

Excellent Attention to detail and able to identify pertinent information to inform the answers to enquiries raised by the business.

Excellent team worker who works with others to achieve the teams objectives and goals.

Accountabilities for the Anti/money Laundering and Sanctions Officer:

Maintain effective processes and procedures to enable the review of system/based sanctions and PEP matches, and escalation to the Regional Sanctions Action Team.

Management of the central sanction e/mail box, including initial assessment of enquiries raised by the business; further investigation and due diligence; triage of enquiries and escalation of enquiries as appropriate.

Review of transactions, deals, strategic initiatives and other relationships to ensure compliance with EU and US sanctions laws and regulations and Company policies.

Identify and investigate breaches of process and develop remedial action plans, escalating breaches to Global Compliance as appropriate.

Investigate Suspicious Activity Reports (SARs) and present findings of investigations to Global Compliance Team. Work with Global Compliance to submit SARs to relevant authorities.

Maintain documented procedures and other supporting materials to ensure the sanctions and Anti/money Laundering framework remains compliant.

Maintain an audit trail of activity regarding sanction data screening and management of potential and true sanction matches including but not limited to folders, reports, spreadsheets and other recording mechanisms.

Provide management information to facilitate effective prioritisation and management of workload.

Analyse and interpret management information to identify whether sanction controls are effective and to what extent the sanction risk faced by the business is mitigated.

Develop and maintain effective relationships with key stakeholders across the Property and Casualty business within EMEA including stakeholders within Legal and Compliance.

If you are a perfect match for this Anti/money Laundering and Sanctions Officer please apply and call me ASAP