The Sanctions Officer is responsible for the monitoring and investigation of
sanctions, PEP or Adverse media alerts and ensuring timely reporting of any
sanctions true matches or breaches.
The role holder shall also review remittance and trade finance transactions
escalated to Compliance as well as Requests for Information (RFIs) received
from the correspondent banks.
The role holder is expected to perform and or participate in customer activity
reviews pertaining to Sanctions or adverse media
Responsibilities include but are not limited to:
Review alerts which are escalated by L1/L2 team in order to investigate and report True matches
Perform analysis of potential matches against sanctions lists, PEP and adverse media alerted through sanctions screening of customers and transactions
Escalate sanctions matches and policy breaches and support on the resolution
of sanctions alerts to ensure compliance with international sanctions
standards. Review transactions which have been referred to Compliance from the
Bank's remittance and trade finance teams due to identified AML/CFT and
Sanctions high-risk factors.
Review of Requests for Information (RFIs) received from the Bank's correspondent banks within the agreed turnaround times. The role holder is expected to review the information prior communicating with the correspondent.
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Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and h…
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and h…
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A"rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and …