Sanctions Specialist (FinTech / Cryptocurrency) at Black Pen Recruitment

Responsibilities

• Drive execution and ongoing improvement of the hybrid Compliance and Sanctions programs (encompassing fiat and cryptocurrency), CRMP, principles, standards, policy, and oversight expectations within assigned territory.
• Act an SME on sanctions with an in-depth understanding of USA and African sanctions laws.
• Lead on drafting and maintaining group sanctions compliance documents including policy & procedure.
• Provide expert sanctions advice and decisions on complex matters including interpretation of sanctions documents.
• Act as the lead on upstream sanctions risk and best practice.
• Acting as a first point contact and subject matter expert for sanction concerns raised by other compliance teams
• Conducting enhanced investigations on escalated sanctions alerts from junior team members
• Prepare and support all sanctions required reporting (e.g., Blocked and Rejected transactions, Annual Reporting of Blocked Property, reporting pursuant to general or specific licences, as required)
• Provide advice and guidance to other teams and key stakeholders – regionally and globally, on sanctions regulations and related company policies and procedures
• Monitoring global regulatory changes that may impact the company’s sanctions compliance requirements and identify any changes to internal policies and procedures
• Identifying gaps in policies/procedures, training, resources, and organisational structures are actioned to ensure that regulatory requirements are meet
• Conduct investigations and analysis in support of subpoenas and related inquiries and potential voluntary disclosures.

Requirements

• Post Secondary Degree in Compliance, Risk, Finance, Legal or equivalent combination of educational and work experience
• Relevant Education and Experience and/or related professional designations / certifications (CAMS, CFE, Audit)
• Minimum of 5 years of previous work experience in Sanctions compliance roles at a financial institution
• Minimum of three (3) years’ experience in a corporate management/supervisory position with multiple direct reports.
• Fluent English, French and Arabic are beneficial and a combination of local languages are essential for this role, as is a willingness to travel across your assigned region
• Experience handling sanctions escalations and filing rejection and blocking reports
• Certification as a Global Sanctions Specialist (CGSS)
• Availability to travel
• Advanced understanding of global sanctions and anti-money laundering regulations within the banking/financial services industry and experience addressing compliance issues relating to anti-money laundering, Bank Secrecy Act, and related laws/regulations.

Remuneration
Salary + Benefits