Compliance Senior Specialist - Sanctions

Wise PLC•Austin, TX

64d

About The Position

Wise has already pioneered new ways for people to transfer money across borders and currencies. Our customers can also manage their hard-earned money with the world's first platform to offer true multi-currency banking. The Sanctions Investigations and Reporting team serves as the sanctions subject matter experts responsible for reviewing and investigating all potential violations of OFAC, E.U., UK and other sanctions programs processed through Wise. This includes: reviewing and final approval regarding escalated alerts on transactions and matches to the OFAC, E.U., UK and any other applicable lists and programs; reviewing and approving licensed transactions; reporting blocked property and rejected transactions to the respective regulatory agencies; drafting and filing Voluntary Self-Disclosures to OFAC; investigation into potential circumvention attempts; advising teams on sanctions related issues and sanctions incidents; and coordinating with the Team Lead on ad-hoc sanctions projects, as appropriate.

Requirements

Minimum 2 years of sanctions experience
Strong knowledge of OFAC, UK and EU sanctions regulations.
Strong attention to detail.
Ability to multitask and manage multiple deliverables and a range of sanctions risk management responsibilities.
Strong interpersonal, written and verbal communication skills.
Conduct legal and investigative research utilizing open-source research systems.
An understanding of SWIFT payments, trade finance and cross border payments
Proven track record of taking ownership and responsibilities as well as being a great team-player
We're people without borders - without judgement or prejudice, too. We want to work with the best people, no matter their background. So if you're passionate about sanctions and keen to join our mission, you'll fit right in.
High ethical standards, respect for confidentiality and privacy.
You are able to persevere in a fast paced environment

Responsibilities

Investigate and provide final decisioning on escalated sanctions cases for Level 3 review
Use investigative tools and web research to analyze vessel movements, beneficial ownership, and potential sanctions links to discount or identify potential sanctions concerns.
Prepare and review draft sanction filings including block and reject reports to HM Treasury, OFAC, EU and other jurisdictional regulatory agencies
Provide advice and subject matter expertise on sanctions related issues, acting as a point of escalation for teams within Wise
Help to facilitate governance over sanctions lists/screening framework
Identify sanctions compliance issues/concerns and make suggestions and/or take corrective action to implement solutions to improve controls/operations.
Assist in the review of sanctions related regulatory examination and internal audit deliverables.
Assist in the provision of sanctions related training for employees as needed.
Assist with drafting sanctions procedures

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