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Sanction Screening Analyst

  • Location


  • Sector:

    Financial Services

  • Contract Type:


  • Salary:


  • Contact:

    Noorina Abdoulraman

  • Job Reference:


  • Published:

    about 1 year ago

  • Expiry:

    03 May 00:00

  • Client Details:


  • Consultant:

    Noorina Abdoulraman

Unfortunately this job has now expired. However you can view all of our Live jobs here.

With a solid track record of financial strength and stability, our client stands as a leading provider of financial services in the SADC region. We are currently looking for a Transaction Monitoring Analyst to integrate the Transaction Monitoring Control Department within the Group.

Role Overview:

Responsible for the management of the sanction alerts generated for client static data and client transactions for the Group. The role is a critical element of the Bank’s defense against money laundering, terrorist financing and fraud.

Main Responsibilities:

  • Monitor the departmental queues for alerts on a regular basis throughout the working day ensuring management are aware of outstanding alerts at end of day.
  • Be familiar with the departmental systems/processes and their implementation.
  • Review sanction alerts in line with prescribed procedures:
    • Investigate the individual alerts to determine if there is a potential match with a designated individual or entity or country.
    • Follow the standard investigation steps.
    • Clear sanction alerts only where the prescribed number of potential match criteria can be eliminated, reviewing at a minimum:
      • Name matches – first, middle, surname
      • Date(s) of birth
      • Place of birth
      • Nationality
      • Address
      • Externally available information
  • Where the sanction alert relates to a transaction, assess if there is anything else unusual about the transaction or the client profile.
  • Review the client KYC profile to provide background information including the disposition of any previous alerts on the client.
  • Where there is insufficient information available to clear the alert or where there is a requirement for guidance, escalate in line with the procedures.
  • Where the alert is deemed to be a true match, follow the procedures ensuring Compliance is aware and that the required blocks are put in place.
  • Create and maintain accurate and concise records of all investigations undertaken including details on the rationale for any decisions made.
  • Assist with the preparation of departmental Management information reports
  • Provide input to the maintenance of the departmental procedures.
  • Any other associated duties required from time to time to meet the departmental responsibilities and goals.

Requirements & Skills:

  • Relevant compliance experience and/or suitable qualifications.
  • Proven track record in similar function in the financial services industry with at least two years’ experience.
  • Regulatory environment and risk management.


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