Specialist, Sanction Operations

2 Days ago • 3 Years +

About the job

Summary_{By Outscal}

Who We Are

At OKX, we believe that the future will be reshaped by Crypto, ultimately contributing to every individual's freedom. OKX began as a crypto exchange giving millions of people access to crypto trading and over time becoming among the largest platforms in the world. In recent years, we have developed one of the most connected Web3 wallets used by millions to access decentralized crypto applications (dApps). OKX is a trusted brand by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments. In the last year, OKX has expanded into new markets including Australia, Brazil, Netherlands, Singapore and Turkey, with plans to launch in the US, Belgium and the UAE.

We are deeply committed to shaping a fairer, more transparent and accessible society through blockchain technology. This is why we publish proof of reserves monthly, and continue to ship new innovative security features.

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).
Meal Allowance up to RM 500/month
Monthly Team Building
RM 2500 Benefits per annum (Training & Wellness)
Hybrid work arrangements
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.