Associate Manager - Sanctions

The role is responsible for supporting in sanctions screening activities, ensuring that services are delivered with the highest quality and in a timely manner. This role involves supporting in preparing and submitting daily, weekly, and monthly reports for Anti-Money Laundering (AML) initiatives, monitoring AML risks, and conducting AML risk assessments. He/she will play a critical role in maintaining the integrity of the organization’s AML compliance efforts by ensuring that all sanctions screening processes are followed accurately and efficiently.

• Review and assess investigated transactions, determining their status and recommending appropriate actions to resolve identified issues.
• Ensure timely escalation and reporting of suspicious activity alerts in line with regulatory requirements and internal AML policies.
• Collaborate with cross-functional teams to investigate and resolve alerts, ensuring effective communication and proper handling of client information.
• Support client onboarding processes by verifying that all customers are screened against applicable sanctions lists in compliance with legal and regulatory standards.
• Assist in maintaining and updating sanctions lists to ensure alignment with evolving international regulations and compliance requirements.
• Contribute to the completion of periodic AML and sanctions risk assessments, ensuring accuracy and timeliness.
• Support the preparation and submission of daily, weekly, and monthly AML reports.
• Carry out additional tasks assigned by the line manager in line with the nature of the role.
• Perform any other duties assigned to by line manager related to the nature of the work
• Enforce, incorporate, and comply with all necessary controls and related information security (EIS) policies, procedures, practices, training, reporting, personal due diligence and vigilance, within departmental/unit activities and operations
   

Preferred Qualifications

• Have a tertiary level qualification from an internationally recognized institution

Years & Nature of Experience 

• Recommended 1 to 3 years of equivalent experience where required competencies and experience has been demonstrated of compliance and AML experience.
• If with experience, would have been accountable for completion of assigned tasks and project work and has developed a level of competence to carry out work independently.

Technical Competencies

• Compliance 
• Alert Investigation
• Ethical Culture

Behavioural Competencies

• Decision Making
• Communication
• Team Work