Sanctions Specialist - Banking

Key Responsibilities

• Contribute to the development, enhancement and formalisation of sanctions-related policies, procedures and governance frameworks.
• Support the ongoing effectiveness of the sanctions control environment, including the follow-up of audit findings, regulatory reviews and remediation initiatives.
• Serve as a trusted advisor to internal stakeholders on sanctions-related matters.
• Conduct sanctions risk assessments and provide clear, well-substantiated recommendations.
• Monitor regulatory developments and assess their impact on the Bank's sanctions framework, ensuring timely implementation of necessary changes.
• Prepare high-quality reports, presentations and documentation for senior management, governance committees and regulatory authorities.
• Lead the annual sanctions risk assessment process.
• Manage communications and reporting obligations towards SECO, including frozen asset notifications and other regulatory filings.
• Support the delivery of sanctions-related training and awareness initiatives.
• Participate in projects and strategic initiatives aimed at strengthening the Bank's sanctions programme.
• Drive continuous improvement of sanctions controls, processes and frameworks.

Profile

• University degree in Law, Finance, Economics or a related discipline.
• 5 to 10 years of experience in sanctions compliance within a banking, financial services or consulting environment (Big Four experience is considered a strong asset).
• Strong knowledge of the Swiss sanctions framework, including SECO regulations, the Embargo Act and FINMA requirements.
• Solid understanding of key international sanctions regimes, including Swiss, EU, US and UN sanctions.
• Proven experience working within internal control frameworks and governance structures related to sanctions compliance.
• Excellent analytical and problem-solving skills, with the ability to formulate practical and risk-based recommendations.
• Strong communication and stakeholder management skills, with the ability to influence and collaborate across different levels of the organisation.
• Demonstrated experience leveraging AI tools and technologies to improve compliance, controls or operational processes.
• Fluent in both French and English, with excellent written and verbal communication skills.

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