الوصف الوظيفي
The Manager of the Sanction Screening Unit is responsible for overseeing the effective implementation and management of the sanction screening system within HugoBank. This includes testing, integration, and ongoing management of the system, as well as performing customer screening during onboarding and periodically thereafter. The Manager will also update sanction lists, manage internal blacklists, file Suspicious Transaction Reports (STRs) on GoAML, develop policies and procedures, create training materials, and assist the Chief Compliance Officer (CCO) with ongoing projects. Additionally, the Manager will prepare reports for senior management, the Compliance Committee Meeting (CCM), and the Board.Key Responsibilities:1. System Management and Implementation:o Oversee the testing, integration, and implementation of the sanction screening system.o Ensure the system is effectively identifying and managing sanctions-related risks.o Continuously evaluate and update the system to incorporate new regulatory requirements and industry best practices.2. Screening and Monitoring:o Perform sanction screenings for all new customer onboarding processes.o Conduct periodic screenings of existing customer profiles to identify potential sanctions risks.o Maintain and update sanction lists to ensure the latest information is reflected in the screening process.o Create and manage an internal blacklist to mitigate risks associated with high-risk entities and individuals.3. Investigation and Reporting:o Investigate potential sanctions hits and determine the appropriate course of action.o File Suspicious Transaction Reports (STRs) on GoAML as required by regulatory guidelines.o Maintain detailed records of all screenings, investigations, and outcomes.4. Policy and Procedure Development:o Develop and update policies and procedures for the sanction screening function to ensure compliance with regulatory requirements.o Ensure all staff are aware of and adhere to these policies and procedures.5. Training and Development:o Create training materials and conduct training sessions for staff on sanction screening policies, procedures, and systems.o Ensure ongoing training and development to keep staff informed of the latest regulations and best practices.6. Support to Chief Compliance Officer:o Assist the CCO with ongoing projects and assignments, providing necessary support and insights.o Participate in the development and implementation of compliance-related projects and initiatives.7. Reporting and Communication:o Prepare comprehensive reporting decks for senior management, theCompliance Committee Meeting (CCM), and the Board.o Present findings, risk assessments, and recommendations to seniormanagement and the Board, highlighting key compliance issues and actionstaken.
