Sanctions Screening Specialist (Asia/EU/US Shift) - KL / Penang

Job purpose:

• The Sanctions Screening Analyst acts as a First Line of Defense in safeguarding the bank against any potential violations of sanctions
• The Sanctions Screening Analyst is responsible for making decisions promptly and precisely
• The Sanctions Screening Analyst determines whether alerts generated by the bank’s sanctions screening systems raises sanctions concerns

General / Compliance Culture

• Facilitate compliance of the entity with applicable banking and securities laws, regulations, and internal guidelines regarding AML/CFT and Sanctions
• Cultivate and maintain a strong understanding of the bank’s risk tolerance and appetite regarding sanctions-related challenges
• Assume responsibility for personal duties and uphold a high level of accountability for all actions and choices
• Ensure awareness and full compliance regulations, policies, guidelines, procedures and practices
• Ability to prioritize and take ownership

Compliance Advisory Service

• Analyze potential matches against sanctions lists alerted through sanctions screening of customers and transactions on a timely manner
• Exercising good judgement in making decisions or recommendations in relation to the alerts generated
• Follow operational procedures on sanctions alert handling, including document the decision rationale
• Assesses whether alerts raised by sanctions screening systems raise any sanctions concerns
• Escalate potential true-hit alerts to the next level for further review
• Conducts alert investigation in accordance with the bank’s global standard policies,
• procedures and tools, aimed at meeting internal and external regulatory requirements

Any other tasks assigned by Team Head of Due Diligence Team.

Formal education:

University degree / diploma / tertiary education

Work Experience:

• 2- 4 years’ experience in sanctions compliance, anti-money laundering (AML)/Financial Crime Operations, with a thorough understanding of global sanctions regulations
• General awareness of money laundering, terrorism financing, and sanctions trends and regulatory developments
• The ability to clearly articulate in writing, the rationale and document the evidence supporting the decision-making process regarding whether the alert match is positive or false
• Willing to work on shift hours and public holidays (The exact shift hours will be communicated accordingly)

Further qualification/skills:

• Knowledge of US Treasury/OFAC Regulations, UK HMT sanctions regulations, EU/UN Sanctions and Anti-Money Laundering Directives
• ACAMS/CGSS Certification preferred

Job purpose:

• The Sanctions Screening Analyst acts as a First Line of Defense in safeguarding the bank against any potential violations of sanctions
• The Sanctions Screening Analyst is responsible for making decisions promptly and precisely
• The Sanctions Screening Analyst determines whether alerts generated by the bank’s sanctions screening systems raises sanctions concerns

General / Compliance Culture

• Facilitate compliance of the entity with applicable banking and securities laws, regulations, and internal guidelines regarding AML/CFT and Sanctions
• Cultivate and maintain a strong understanding of the bank’s risk tolerance and appetite regarding sanctions-related challenges
• Assume responsibility for personal duties and uphold a high level of accountability for all actions and choices
• Ensure awareness and full compliance regulations, policies, guidelines, procedures and practices
• Ability to prioritize and take ownership

Compliance Advisory Service

• Analyze potential matches against sanctions lists alerted through sanctions screening of customers and transactions on a timely manner
• Exercising good judgement in making decisions or recommendations in relation to the alerts generated
• Follow operational procedures on sanctions alert handling, including document the decision rationale
• Assesses whether alerts raised by sanctions screening systems raise any sanctions concerns
• Escalate potential true-hit alerts to the next level for further review
• Conducts alert investigation in accordance with the bank’s global standard policies,
• procedures and tools, aimed at meeting internal and external regulatory requirements

Any other tasks assigned by Team Head of Due Diligence Team.

Formal education:

University degree / diploma / tertiary education

Work Experience:

• 2- 4 years’ experience in sanctions compliance, anti-money laundering (AML)/Financial Crime Operations, with a thorough understanding of global sanctions regulations
• General awareness of money laundering, terrorism financing, and sanctions trends and regulatory developments
• The ability to clearly articulate in writing, the rationale and document the evidence supporting the decision-making process regarding whether the alert match is positive or false
• Willing to work on shift hours and public holidays (The exact shift hours will be communicated accordingly)

Further qualification/skills:

• Knowledge of US Treasury/OFAC Regulations, UK HMT sanctions regulations, EU/UN Sanctions and Anti-Money Laundering Directives
• ACAMS/CGSS Certification preferred