Senior Sanctions Manager Financial Crime Risk Management

Riskinfo.ai; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading financial services organization seeks a Senior Sanctions Manager to provide expertise in sanctions law and compliance, advising on contractual agreements and ensuring adherence to regulatory requirements. This role involves significant responsibility in supporting the regulatory sub-team and managing sanctions risks effectively within the organization.

Qualifications

• Expertise in UK and European sanctions law and regulations.
• Experience in financial services and risk management.
• Strong analytical skills in compliance matters.

Responsibilities

• Draft and review sanctions-related clauses in agreements.
• Coordinate regulatory reporting for sanctions.
• Support investigations on sanctions issues.

Skills

Sanctions Risk Management

Regulatory Compliance

Client Due Diligence

Issue Tracking

Legal Advisory

Job description

Senior Sanctions Manager Financial Crime Risk Management

Location :

London, UK

Job Type :

Key Responsibilities

1. Draft, review and amend sanctions-related clauses in contractual agreements (facility agreements, customer contracts etc) and advise the business on such clauses and related sanctions risks

2. Support and co-ordinate regulatory reporting for the UK NRFB with regards to sanctions reporting.

3. Support the wider regulatory and advisory teams with SME knowledge on Sanctions and advisory matters including client due diligence and transaction referrals.

4. Be an SME on sanctions risk management and compliance with sanctions regimes imposed by the UK, European Union (EU), United Nations (UN), HKMA and USA, and HSBC Group sanctions policy.

5. Analyse information, identify and track issues, and determine/address themes arising from regulators and the Compliance exception reporting processes.

6. Identify and ensure remedial action from relevant findings including policy changes and LoB training within UK NRFB and the Europe Region.

7. Working with Financial Crime Investigations on live sanctions investigations.

We are currently seeking an experienced individual to join this team in the role of Senior Sanctions Manager, Advisory. As Sanctions Manager, you will support the Regional Head of Sanctions and Deputy Head of Sanctions by being a subject-matter expert (SME) on UK and European Sanctions law and regulations in the regulatory/facilities sub-team. Act as a leading advisor, which will include advising the business on sanctions-related clauses and agreements in facility documents and associated wordings. The role will also include working on regulatory issues including filing disclosures, breach reports and licence applications etc with appropriate authorities.

About Company

Opening up a world of opportunity for our customers, investors, ourselves and the planet.We're a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 58 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers.HSBC is listed on the London, Hong Kong, New York, and Bermuda stock exchanges.