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Senior Sanctions Screening Analyst - London

Date: Jan 4, 2019

Location: London, GB

Company: Intesa Sanpaolo Group

Intesa Sanpaolo is the banking group leader in Italy. Assisting more than 11,1 milion of retail customers through a network of 4400 branches, it significantly supports the development of Companies and gives an important sustain to the country's growth. The Group has a selected retail banking presence in Central and Eastern Europe, the Middle East and North Africa, with approximately 1,200 branches and 7.8 million customers in 12 countries. Intesa Sanpaolo is also present in 29 countries in support of its corporate customers’ cross-border business. It is looking for new qualify profiles who want to face demanding and challenging career path with the following requirements:

Scope and Purpose

 

As a member of the London Branch AML team, the role is primarily responsible for investigation of sanctions and embargo alerts generated by the Branch message screening systems. The role holder will operate as a member of the Branch AML team provide second line support to the business and performing screening and alert disposition on behalf of the branch. Monitor sanctions alert, perform investigations into alerts including performing client due diligence, evaluating scenario and trigger events, the circumstances and context of transactions. Escalate potential hits to MLRO for confirmation and consideration of risk mitigation. Produce Management Information in respect of sanctions monitoring, configuration of screening systems, control performance, queues, etc. Provide advisory support to the business, providing feedback on alerts processed and any escalations that may be required. Present findings to the MLRO and business, prepare salient facts in accordance Branch procedures, explain potentially complex structures, issues and offer solutions where appropriate. Monitor industry and professional developments in respect of financial crime, stay informed, and identifying opportunities to enhance Branch risk mitigation and compliance, sharing developments with the wider team. Applying industry, risk and control expertise to support the team and Branch. Delivering fast, accurate and efficient sanctions screening in a timely manner. Maintaining professional working knowledge and application of legal and regulatory obligations in respect of money laundering / terror financing, sanctions and embargos as they apply to the Branch world-wide. Maintaining broad knowledge of international standards and guidance from bodies including FATF SWIFT, UN Security Council, OFAC, EU Sanctions, Italian sanctions office, UK OSFI. Maintaining a working knowledge of the SWIFT/SEPA Payment messages, trade finance and correspondent banking practices. Detailed understanding of international sanctions regimes, including UN, US OFAC, EU and UK OFSI programmes. Analysis of transactions and their constituent components, messaging protocols and how goods and services are executed. Perform open source analysis of clients, parties to a transaction, products, dual use restrictions, high risk jurisdictions and name list screening. Able to evaluate complex data sets and large volumes of data, analytical and detail conscious. Excellent report writing skills - objective, well researched, evidenced, fact based. Previous experience as a sanctions analyst, processing messages, alerts and performing investigations. Effective communicator, able to explain complex issues and offer solutions. Ability to assimilate information and produce concise and clear written output. 

Required Experience

 

Detailed understanding of international sanctions regimes, including UN, US OFAC, EU and UK OFSI programmes. Analysis of transactions and their constituent components, messaging protocols and how goods and services are executed. Perform open source analysis of clients, parties to a transaction, products, dual use restrictions, high risk jurisdictions and name list screening. Able to evaluate complex data sets and large volumes of data, analytical and detail conscious. Excellent report writing skills - objective, well researched, evidenced, fact based. Previous experience as a sanctions analyst, processing messages, alerts and performing investigations. Effective communicator, able to explain complex issues and offer solutions. Ability to assimilate information and produce concise and clear written output. 

Competencies Required

 

Graduate level education. Qualification in banking, information systems or financial crime (Ica, ACAMS, SWIFT Sanction compliance qualification) would be preferable. Experience of working to exacting standards, tight timeframes whilst mainataining absolute accuracy. Immediate escalation of transactions where MLRO guidance and decisions required. Previous experience working within branch compliance functions, would be advantageous. Strong Microsoft Office capabilities, particularly in Word and Excel. Experience using tools such as Safe Watch filter, Net Reveal, World Check, PSC register, Open source research would be advantageous. 

 

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