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Sanctions Screening Specialist
Governance
Amsterdam, Netherlands
60,000 EUR
11 Mar 2025
Job Description
About Us:
Join one of the largest financial institutions in the world, known for its innovative approach and commitment to compliance. We are seeking a talented Sanctions Screening Specialist to be part of our global team, ensuring adherence to sanctions regulations while contributing to the bank's robust compliance framework. This is a unique opportunity to work in a dynamic, international, and multicultural environment.
Job Summary:
As a Sanctions Screening Specialist, you will be responsible for ensuring compliance with sanctions regulations and enhancing the bank’s compliance procedures. You will carry out critical functions related to sanctions screening, due diligence, transaction monitoring, and reporting, ensuring that the bank operates within regulatory requirements.
Key Responsibilities:
Desired Skills and Experience:
Join one of the largest financial institutions in the world, known for its innovative approach and commitment to compliance. We are seeking a talented Sanctions Screening Specialist to be part of our global team, ensuring adherence to sanctions regulations while contributing to the bank's robust compliance framework. This is a unique opportunity to work in a dynamic, international, and multicultural environment.
Job Summary:
As a Sanctions Screening Specialist, you will be responsible for ensuring compliance with sanctions regulations and enhancing the bank’s compliance procedures. You will carry out critical functions related to sanctions screening, due diligence, transaction monitoring, and reporting, ensuring that the bank operates within regulatory requirements.
Key Responsibilities:
- Perform sanctions screening in compliance with regulatory sanctions (SW) regulations.
- Monitor and investigate updates, news publications, and new sanctions enforcement.
- Regularly review and analyze government-issued sanctions lists to identify individuals, entities, or countries subject to sanctions.
- Conduct pre-transaction monitoring in line with sanctions regulations.
- Perform due diligence on customers, business partners, and transactions to ensure no involvement in sanctioned activities.
- Develop and implement internal policies and procedures to maintain strict adherence to sanctions regulations.
- Prepare and submit reports to internal stakeholders on suspicious activities or sanctions violations.
- Implement strategies to mitigate risks related to sanctions compliance, including enhancing due diligence processes.
- Utilize compliance software and tools to automate and streamline sanctions screening and monitoring tasks.
Desired Skills and Experience:
- Bachelor’s degree in Law, Business Administration, or a related field, or equivalent work experience.
- Alternatively, strong analytical skills from disciplines such as sciences will be considered.
- A minimum of 2 years’ experience in a similar position, particularly in sanctions screening or transaction filtering.
- Proficiency with sanctions screening tools and systems is essential.
- Strong experience in sanctions-related compliance roles.
- Understanding of Anti-Money Laundering (AML) and Know Your Customer (KYC) frameworks is highly advantageous.
- Familiarity with AML monitoring and screening processes is a plus.
- Exceptional research and analytical skills.
- Fluent in English, with excellent verbal and written communication skills.
- Strong interpersonal skills, detail-oriented, and punctual.
Skills
Politically Exposed Persons (PEPs) & Sanctions
Job Reference
165206
Date Posted
11 Mar 2025
Industry
Financial Services
Category
Compliance & Financial Crime
Role
Sanctions Compliance Officer
Level
Mid-Level
Employment
Permanent
Working Location
Hybrid
Salary/Rate
60,000 EUR
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