Assistant Manager, Sanctions Advisory Compliance

London Stock Exchange Group; City of Edinburgh; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking an Assistant Manager for its Sanctions compliance team. This role is pivotal in identifying and managing compliance risks, requiring a strong grasp of sanctions laws, particularly in the UK, EU, and US contexts. You will handle escalations, conduct thorough assessments, and provide advisory support across the organization. This position offers a unique opportunity to work closely with various teams, ensuring compliance and adapting to evolving sanctions regulations. Join a dynamic environment where your expertise will significantly impact the organization's integrity and compliance framework.

Benefits

Healthcare

Retirement planning

Paid volunteering days

Wellbeing initiatives

Qualifications

• Degree or equivalent qualification required for this role.
• Strong understanding of UK sanctions regimes and compliance.

Responsibilities

• Assess potential sanctions risks for new and existing clients.
• Provide advisory support on sanctions compliance across business lines.
• Monitor new sanctions developments and their impact on the business.

Skills

Sanctions laws and regulations

Compliance risk management

Sanctions investigations

Communication skills

Education

Degree or equivalent professional qualification

Job description

Assistant Manager, Sanctions Advisory Compliance

Apply locations: GBR-London-10 Paternoster Square, Edinburgh, United Kingdom

Time type: Full time

Posted on: Posted 17 Days Ago

Job requisition id: R0097767

LSEG (London Stock Exchange Group) is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a commitment to excellence in delivering the services our customers expect from us.

We are seeking a skilled Assistant Manager to work in LSEG’s Sanctions compliance team, supporting the global business in identifying and managing compliance risks.

This role requires a strong understanding of sanctions laws and regulations and how they are applied, interpreted and enforced by regulators, with a particular focus on UK, EU and US sanctions regimes.

Responsibilities and Key Accountabilities:

• Handling escalations received from first line teams to assess potential sanctions risks relating to new client onboarding and existing client base.
• Conducting thorough and accurate assessments of the sanction’s status of third parties, including with regard to direct and indirect ownership and control.
• Preparing clear summaries and analysis including recommended actions in relation to sanctions reviews and applicability of sanctions to third parties.
• Providing sanctions compliance advisory support to regulated and non-regulated business lines across the group and acting as a trusted advisor to business lines and management on sanctions matters.
• Processing terminations or suspensions of third parties that fall outside group risk appetite.
• Collaborating with colleagues in the wider Financial Crime team in relation to operating processes and day to day compliance activities.
• Supporting with the management and use of sanctions licences, including reviews of available General Licences and preparing applications for sanctions licences.
• Supporting with regulatory reporting requirements and engagement with government regulators.
• Monitoring new sanctions developments, including new sanctions programmes or changes to sanctions measures and designations, and understanding how these changes impact LSEG business lines.
• Supporting with updates and changes to policies and processes.
• Supporting Financial Crime colleagues and the group’s Risk and Compliance functions to develop and enhance monitoring and management of evolving sanctions risks.
• Supporting with the delivery of training and awareness on sanctions compliance across the group.

Qualifications and Experience:

• Degree or equivalent professional qualification (other relevant industry experience will be considered).
• Previous experience of working in a sanctions compliance or financial crime advisory role.
• A strong understanding of the UK sanctions regimes and how they are applied, interpreted and enforced. Experience of EU, US and other sanctions regimes is highly desirable.
• You must be able to demonstrate an ability to complete accurate and thorough sanctions investigations including in relation to beneficial ownership and control.
• You must be able to demonstrate good communication skills and the ability to summarise and explain technical concepts and analysis to a wide audience.
• Previous experience working in the financial services sector, the data & analytics sector or in a related compliance or professional services role is desirable.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law.

HOW TO APPLY?