Sanctions & Screening Specialist - Manchester, United Kingdom - Handelsbanken

Handelsbanken

Verified Company

Manchester, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

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Description

Job Introduction:

Sanctions and Screening is responsible for first line of defence in prevention, detection and investigation of relationships with a Sanctioned Individual, individuals convicted of a Financial Crime or a Politically Exposed Person (PEP) and ensures compliance with the Banks policy, risk tolerance and regulatory requirements and forms part of UKXO (Financial Crime Prevention).

The Department are responsible for the receipt and investigation of Payment and Customer screening alerts in relation to Sanctions, PEPs, SOC, SIPs, OOLs, Adverse Media and internally managed lists.

The Department also review country related payment exceptions in line with the Banks risk tolerance as well as alerts relating to the Revised Wire Transfer Regulation, completing all follow on actions and making recommendation to support the on-going risk management of the customer.

Main Responsibility:

Work independently to review Sanction, Terrorism, PEP and Enforcement generated customer alerts to identify confirmed matches
Complete adverse media screening and identify any Financial Crime Red Flags and escalate as appropriate
Reviewing systems, available data and investigative tools to mitigate risks relating to new onboarding screening requirements from other areas of the business
Knowledge of investigation and discounting principles and practice in order to provide narrative of escalated cases to investigators
Understanding of Sanction, PEP and UK regulatory framework requirements.
Demonstrate ability to maintain effective relationships with management and other internal parties to communicate practical solutions to problems or the implementation of improved systems, processes or controls.
Work as part of the team to ensure the day to day activities and work flow are adequately prioritised to suit shifting demands
Work to tight deadlines and often under pressure whilst maintaining a high level of quality and competency
Record and update relevant, accurate and timely MI in the team work trackers where relevant and as needed by the Team Lead
Support the Team Lead in developing a high performing team culture through regular communication, coaching and team building
Where needed, support the implementation of BAU work streams in conjunction with various Bank wide projects.
Operates in line with the Bank's Risk Management framework (including subframeworks) and relevant risk and compliance policies and procedures, ensuring appropriate and timely escalation of any concerns to their line manager.
Understanding and/or experience of KYC, Sanctions and business and/or banking processes, especially around account opening routines and payment/transaction processing system and the UK regulatory environment (preferred)
Strong analytical skills and the ability to work well under pressure with attention to detail, presenting information in a clear and concise manner
A team player with a positive, supportive and engaged approach to change
Flexible, adaptable and excellent time management in order to effectively to manage and prioritize workloads within the changing business needs
Excellent communication skills and problem solving abilities
Be selfmotivated and able to work on individual basis as well as part of a team

Package Description:

Competitive plus Benefits

About the Company:

Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations.

Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service.

The focus is always on the need of the individual customer and not on the sale of specific products.

The Bank is deeply committed to embedding good equality and diversity practice into all of our activities.

This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.