Senior Associate – Sanctions Governance and Correspondent Banking
Job Description
Senior Associate – Sanctions Governance and Correspondent Banking (“the Associate”), will be functionally responsible to ensure that The Commercial Bank’s (“CB”) Sanctions and Embargoes Program has been implemented throughout all business divisions via CB Sanctions/ Embargo Policy.
Responsibilities
- The Associate will be responsible for ensuring that CB and its staff fully comply with all applicable national and international sanctions and embargoes.
- The Associate will primarily review payment messages on which CB’s Screening System triggers alert(s) for: (i) adverse media reports; (ii) the potential violation of international/ local sanctions; (iii) violation of CB policies etc.
The Associate will assist in maintaining compliance with OFAC, EU, UK and the State of Qatar’s sanctions regulations and CB policies. Key Accountabilities SANCTIONS
- Monitor and review payment messages on which CB’s Screening System triggers alert(s) for: (i) adverse media reports; (ii) the potential violation of international/ local sanctions; (iii) violation of CB policies etc.
- Assess transactions flagged as suspicious by the bank’s sanctions screening system and ensure that:
Skills
Education
- Bachelor degree or equivalent