Compliance Sanctions Controls Effectiveness Testing Subject Matter Expert

Responsibilities

Help the Compliance Controls Effectiveness Team Lead to design, implement, and execute testing programs to assess the effectiveness of sanctions screening controls, including sanctions advisory, sanctions investigations, sanctions name screening, and those embedded within other key controls including, but not limited to, transaction monitoring, customer due diligence (CDD), and financial crime investigations (FCI).

Identify gaps, weakness, and areas for improvement in the sanctions compliance framework.

Act as a go-to expert for the sanctions controls testing function internally and externally.

Independently manage and resolve disputed controls testing findings with internal and external stakeholders.

Develop and maintain Management Information (MI) reporting in accordance with business requirements and contribute to the production of accurate MI.

Conduct risk assessments to evaluate the potential impact of sanctions-related risks on the company’s business and reputation.

Develop and maintain a risk-based approach to sanctions controls testing.

Prepare detailed reports on testing results, including findings, recommendations, and action plans.

Maintain comprehensive documentation of testing methodologies, results, and remediation efforts.

Prepare detailed reports on testing results, including findings, recommendations, and action plans.

Work closely with local and offshore teams to ensure understanding and compliance with sanctions procedures, laws and regulations.

Provide subject matter expertise and training to internal teams on sanctions compliance and controls testing.

Monitor industry trends, emerging risks, and best practices in sanctions compliance.

Recommend and implement enhancements to the sanctions compliance program based on testing outcomes and regulatory changes.

Requirements

Minimum of 5 years of experience in sanctions compliance, financial crime, or a related field, preferably within the cryptocurrency/digital assets industry. The candidate should have at least 2 years of leadership experience.

Strong knowledge of global sanctions regulations and frameworks (e.g., OFAC, EU, UN, HMT).

Strong experience with sanctions screening systems (e.g. Refinitiv, Neterium, etc) and blockchain analytics tools (e.g. Chainalysis, Elliptic).

Excellent analytical, problem-solving, and critical thinking skills.

Outstanding communication and people skills, and the ability to inspire and lead a team

Fluency in English is required to be able to coordinate with overseas partners and stakeholders. Additional languages would be an advantage

Relevant advanced degree or professional certifications (e.g. CAMS, CFE, CAMS-Audit, CAMS-RM, ICA, etc].

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Compliance Sanctions Controls Effectiveness Testing Subject Matter Expert

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