Associate Sanction Analyst

Role Overview

Associate Sanction Analyst at ADIB, located in Al Ain. UAE Nationals only.

Role Purpose

Conduct thorough reviews of sanctions-related payments and name screening activities to ensure compliance with international and local sanctions standards. Analyze transactional data for potential sanctions activities and investigate sanctions hits. Develop and deliver sanctions screening reports and process-related matters to the Head of Sanctions through Senior Officers and Team Managers.

Key Responsibilities

Investigation & Decision-Making

• Investigate potential sanctions alerts as Level 1/Level 2 reviewer in line with Sanctions policies and procedures.
• Make decisions on whether to clear or block transactions based on investigations.
• Make decisions on whether to close Name screening alerts as false or true match based on investigations.
• Review responses to RFIs received and take decisions based on further investigation in line with policies and procedures.
• Perform investigations and analysis based on correspondent bank and regulatory inquiries as required.

Documentation & Compliance

• Ensure review and disposition are adequately documented.
• Thoroughly document and maintain related investigation files.
• Operate within agreed SLAs and maintain highest quality standards.
• Stay updated with changes in sanctions regulations and guidelines.

Reporting & Escalation

• Prepare and submit process-related reports.
• Work closely with Sanctions Manager and Senior Officers to ensure timely reporting of true matches or breaches.
• Ensure escalation of significant sanctions-related matters to Sanction Management.

Training & Support

• Participate and support Senior Sanctions Officer, Managers and Head of Sanctions in the delivery of training on Sanctions and other activities to enhance the effectiveness of Sanctions Compliance Program.

Skills & Competencies

• Good understanding of UN, EU, UK and US (OFAC) / Export Controls Sanctions regulations.
• Good knowledge and experience reviewing Payments, Trade transactions and Name screening.
• Proficient writing with strong communication and interpersonal skills.
• Report writing skills.
• Ability to multitask, prioritize workload and meet deadlines.
• Able to work independently as well as in a team.
• Ability to work on MS Office (Word, Excel and PowerPoint).
• Fluent in English.
• Ability to read and communicate in Arabic Language (added advantage).
• Experience using Compliance screening systems.