Specialist, Sanction Operations

10 Hours ago • 3 Years +

Job Summary

Job Description

The Sanction Specialist will ensure the organization complies with sanctions regulations. Responsibilities include screening transactions, developing and implementing sanctions policies, providing training, conducting risk assessments, monitoring regulatory changes, investigating violations, and maintaining records. The role requires collaboration with legal, compliance, risk management, and customer service teams. The specialist will be responsible for ensuring that all transactions and activities are screened for potential sanctions violations. The specialist will also be responsible for managing and maintaining the company's sanctions policies and procedures, as well as conducting periodic sanctions risk assessments.

Must have:

3+ years of experience in sanctions compliance.
In-depth knowledge of sanctions laws and regulations.
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.

Good to have:

Familiarity with sanctions screening tools (Refinitiv, LexisNexis).
Experience conducting sanctions risk assessments.

Perks:

Competitive remuneration package (Basic Salary + Yearly Bonuses).
Hybrid work environment.
Monthly Team Building
Excellent prospects for growth and promotion.
Employee engagement, recognition and appreciation program.
Multinational working environment.

2 skills required

2 skills required for this role

Add these skills to join the top 1% applicants for this job

communication

risk-management

Job Details

Who We Are

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).
Hybrid work environment available as part of our flexible working approach
Monthly Team Building
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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