Compliance Sanctions Controls Effectiveness Testing Analyst

Responsibilities:

• Conduct regular reviews and testing of sanctions screening systems, processes, and controls to ensure effectiveness and compliance with applicable regulations [e.g. OFAC, EU, UN, and other global sanctions regimes]
• Identify and document control weaknesses, gaps, and areas for improvement
• Conduct root cause analysis and implement corrective actions to prevent recurrence
• Prepare detailed reports on control effectiveness, testing results, and recommendations for senior management and regulatory bodies as required
• Stay informed of changes in global sanctions regulations and assess their impact on the business
• Support the team’s SME in preparing regulatory examinations and audits related to sanctions compliance
• Investigate and resolve escalated sanctions-related audit findings, MLRO requests, and other incidents in a timely manner

Requirements:

• Minimum of 3 years of experience in compliance quality assurance / internal audit, with focus on sanctions controls, preferably at a crypto/fintech company
• Proficiency in compliance applications and programmes such as Neterium, World-Check, Chainalysis, Elliptic, etc
• Good knowledge of provisions of local laws, directives, regulations and other standards applicable to subject persons
• Strong proficiency in identifying unusual activity or AML flags, conducting risk assessments, periodic/trigger reviews and enhanced due diligence
• Proven knowledge and experience with international sanctions laws and regulations
• Strong analytical and strategic thinking abilities
• Demonstrated ability to write effectively
• Outstanding communication and people skills
• Fluency in English. A second language will be advantageous

Why Binance