Specialist, Sanction Operations

OKX; Kuala Lumpur; On-site; MYR 70,000 - 100,000; Full time

Job summary

Join a leading crypto exchange as a Sanction Specialist in Kuala Lumpur. You will ensure compliance with sanctions regulations, collaborate across teams, and develop policies to mitigate risks in transactions. This role offers excellent growth opportunities and a diverse working environment.

Benefits

Competitive remuneration package

Monthly Team Building

RM 2500 Benefits per annum

Convenient workplace

Excellent prospects for growth and promotion

Multinational working environment

Qualifications

• Minimum of 3 years of experience in sanctions compliance, preferably in financial services.
• In-depth knowledge of sanctions laws and regulations like OFAC, EU, and UN.
• Experience in conducting sanctions risk assessments.

Responsibilities

• Conduct sanctions screening on transactions and entities.
• Implement sanctions policies and provide employee training.
• Monitor updates to sanctions laws and conduct risk assessments.

Skills

Analytical skills

Problem-solving skills

Communication skills

Interpersonal skills

Education

Bachelor's degree in business, law, or international relations

Tools

Sanctions screening tools (e.g. Refinitiv, LexisNexis)

Job description

At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom. OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access to crypto trading and decentralized crypto applications (dApps). OKX is also a trusted brand by hundreds of large institutions seeking access to crypto markets. We are safe and reliable, backed by our Proof of Reserves. Across our multiple offices globally, we are united by our core principles:We Before Me, Do the Right Thing, and Get Things Done. These shared values drive our culture, shape our processes, and foster a friendly, rewarding, and diverse environment for every OK-er.
OKX is part of OKG, a group that brings the value of Blockchain to users around the world, through our leading products OKX, OKX Wallet, OKLink and more.

Job Overview:

The Sanction Specialist under Sanction Operations function will be responsible to ensure organization is in compliance with all relevant sanctions regulations and laws. Work closely with various teams within the organization, including legal, compliance, risk management, and customer service operations, to ensure that all transactions and activities are screened for potential sanctions violations. You will also be responsible for managing and maintaining the company's sanctions policies and procedures, as well as conducting periodic sanctions risk assessments.

Responsibilities:

• Conducting sanctions screening on transactions, individuals, and entities to identify potential sanctions risks.
• Developing and implementing sanctions policies and procedures that are in compliance with relevant sanctions laws and regulations.
• Providing guidance and training to other employees on sanctions compliance, when necessary.
• Conducting sanctions risk assessments to identify and mitigate potential sanctions risks.
• Monitoring changes to sanctions laws and regulations and updating internal policies and procedures accordingly.
• Investigating and resolving potential sanctions violations, including reporting any violations to the relevant authorities.
• Maintaining accurate records of all sanctions-related activities.

Qualifications:

• Bachelor's degree in a related field such as business, law, international relations, or a related field
• Minimum of 3 years of experience in similar role or in sanction compliance, preferably in the financial services industry or a related field
• Familiarity with sanctions screening tools and technologies, e.g. Refinitiv, LexisNexis, etc.
• In-depth knowledge of sanctions laws and regulations, including OFAC, EU, and UN sanctions regimes
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills with the ability to effectively collaborate with internal and external stakeholders
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Experience in conducting sanctions risk assessments and developing sanctions policies and procedures.
• Knowledge of international trade and financial systems

Why Join Us?

• Competitive remuneration package (Basic Salary + Yearly Bonuses).
• Monthly Team Building
• RM 2500 Benefits per annum (Training & Wellness)
• Convenient workplace (5 minutes walk from MRT TRX).
• Excellent prospects for growth and promotion - we provide you with assistance, opportunities for skill development, mentoring, and training programmes to help you succeed.
• Employee engagement, recognition and appreciation program.
• Multinational working environment - Advance your career by interacting with individuals from various backgrounds, cultures, and nations.

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Do you possess the legal right to work in Malaysia without the need for an employment pass? * Select...

The nature of the job may require working on shifts. Are you willing to work on a rotational shift schedule? (Shift Allowances will be given) * Select...

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Are you familiar with sanctions screening tools and technologies, e.g., Refinitiv, LexisNexis, etc.? * Select...

Do you possess in-depth knowledge of sanctions laws and regulations, such as OFAC, EU, and UN sanctions regimes? * Select...