Assistant Sanctions Manager - Advisory & Decisioning

Lloyds Banking Group; Glasgow; Hybrid; GBP 45,000 - 50,000; Full time

Benefits offered by this job

28 days' holiday

Generous pension

Discretionary annual performance award

Private healthcare

Wellbeing support

Flexible benefits

Job summary

Lloyds Banking Group is seeking three Assistant Sanctions Managers for its Commercial Sanctions team, within Economic Crime Prevention. You will provide specialist sanctions advice, assess risks, investigate breaches and support governance across the group.

The role sits in a hybrid pattern with office days required and locations including Glasgow, Edinburgh, Birmingham or Bristol. The team handles sanctions decisionmaking, screening, risk assessments, investigations, and controls enhancements

Qualifications

• Strong knowledge of sanctions regulations and risk management; experience advising within a regulated financial services environment.
• Experience completing sanctions risk assessments and reviewing complex sanctions-related cases.
• Ability to analyse complex information and make balanced, risk-based decisions.
• Experience building effective relationships with a wide range of business partners and providing constructive challenge where required.
• Experience supporting sanctions screening frameworks, governance activities or investigations.

Responsibilities

• Providing specialist sanctions advice and guidance to business partners across the Group.
• Assessing sanctions payments / cases and completing SAFs as required in line with policy and international law.
• Conducting sanctions risk assessments relating to customers, transactions, products and emerging risks.
• Investigating sanctions breaches, control issues and regulatory concerns, helping to support remediation.
• Managing sanctions referrals and technical queries from Commercial Banking and Trade Finance colleagues.
• Supporting governance, reporting and continuous improvement activity across the sanctions control environment.

Skills

Sanctions knowledge

Policy compliance

Sanctions risk management

Advising sanctions guidance

Decision making

Risk analysis

Relationship management

Critical thinking

Regulatory experience

Screening investigations

Trade finance knowledge

Payments knowledge

Corporate banking experience

Job description

SALARY

£44,901 - £49,890 pa

LOCATION(S)

Glasgow, Edinburgh, Birmingham or Bristol

HOURS

35 hours per week, Full Time

WORKING PATTERN

Our work style is hybrid, which involves spending at least two days per week, or 40% of your time, at one of our office sites.

ABOUT THIS OPPORTUNITY

We are looking for x3 Assistant Sanctions Managers to join our Commercial Sanctions team, which sits within the Economic Crime Prevention function!

As an Assistant Sanctions Manager, you'll provide specialist sanctions advice, guidance and industry knowledge to colleagues across the organisation. You'll work closely with business, operational and oversight teams to identify, assess and manage sanctions risks and complying with international sanctions regulations and laws whilst helping to maintain a strong and effective control environment.

This is an exciting opportunity to join a team involved in complex sanctions decision making, sanctions screening, sanctions risk assessments, investigations and the ongoing enhancement of sanctions controls. Depending on business needs and your experience, you'll support activity across our Advisory & Decisioning team or our Screening, Investigations & Governance team.

WHAT YOU'LL BE DOING

• Providing specialist sanctions advice and guidance to business partners across the Group.

• Assessing sanctions payments / cases and completing Sanctions Authorisation Forms (SAFs) as required in line with policy and international law and regulations.

• Conducting sanctions risk assessments relating to customers, transactions, products and emerging risks.

• Investigating sanctions breaches, control issues and regulatory concerns, helping to support effective remediation.

• Managing sanctions referrals and technical queries from Commercial Banking and Trade Finance colleagues.

• Supporting governance, reporting and continuous improvement activity across the sanctions control environment.

ABOUT US

Like the modern Britain we serve, we're evolving. Investing billions in our people, data and technology, we're transforming the way we operate while helping Britain prosper.

Our colleagues build relationships with customers, support communities and help provide safe and secure banking services every day. Together we're creating a more sustainable and inclusive future for people, businesses and communities across the UK.

WHAT YOU'LL NEED

Sanctions knowledge and policy compliance

• Strong knowledge of sanctions regulations and sanctions risk management and experience providing sanctions advice and guidance within a regulated financial services environment.

• Experience completing sanctions risk assessments and reviewing complex sanctions-related cases.

Decision making & risk

• Ability to analyse complex information and make balanced, risk-based decisions.

Managing key relationships

• Experience building effective relationships with a wide range of business partners and providing constructive challenge where required.

Critical thinking

• Ability to investigate issues, identify root causes and support practical solutions and controls.

And any experience of this would be really useful

• Experience supporting sanctions screening frameworks, governance activities or investigations.

• Knowledge of trade finance, payments or corporate banking activities.

• Experience handling sanctions activity or complex sanctions referrals.

• Experience working with regulators or regulatory expectations relating to sanctions compliance.

ABOUT WORKING FOR US

We're committed to building a diverse workforce and an inclusive culture where all colleagues can thrive. We welcome applications from people of all backgrounds and experiences.

If you need workplace adjustments or additional support throughout the recruitment process, we'll work with you to make sure you have everything you need to perform at your best.

Benefits

In addition to a competitive salary, you'll receive:

• 28 days' holiday, with bank holidays on top.

• A generous pension contribution.

• Discretionary annual performance award.

• Private healthcare options.

• Wellbeing support and colleague assistance programmes.

• Access to flexible benefits that you can tailor to your needs.