Senior Manager, Sanctions Operations

Leads a team of sanctions compliance professionals, developing and executing the global sanctions compliance strategy. Ensures compliance with applicable sanctions laws and regulations.

Overview

Department

Compliance

Job type

Full time

Compensation

Salary not specified

Location

Budapest, Hungary, Eastern Europe

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Requirements

8 years plus experience in sanctions compliance, preferably in the financial services industry or a related field.

In-depth knowledge of sanctions laws and regulations, including OFAC, EU, and UN sanctions regimes.

Strong leadership skills with experience managing a team of professionals.

Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal and external stakeholders.

Ability to think strategically and to develop and implement effective compliance programs and controls.

Experience working in a global environment with the ability to navigate cultural differences and language barriers

Strong analytical and problem-solving skills with the ability to analyze complex issues and develop practical solutions.

Bachelor's degree in a related field such as business, law, or finance.

ACAMS / CGSS and / or ICA certification.

Experience working with teams across global offices and time zones.

Experience of working in the crypto industry.

Responsibilities

Lead a team of 10-15 sanctions compliance professionals in Budapest, Hungary, providing guidance and oversight to ensure that the team is operating effectively.

Oversee the screening of customers and counterparties against sanctions lists and other relevant databases.

Develop and implement a comprehensive sanctions compliance program that includes policies, procedures, and controls to ensure compliance with applicable laws and regulations.

Conduct sanctions risk assessments and reviews of the sanctions program, to identify and mitigate potential risks.

Develop and deliver sanctions compliance training to employees, and ensure the effectiveness of the training program.

Work closely with business leaders to provide guidance and advice on sanctions compliance matters, and to ensure compliance with sanctions requirements in all business activities.

Stay current on EEA and global regulatory developments and industry best practices related to sanctions compliance, and implement necessary changes to the program.

Ensure that the company's sanctions compliance program is subject to regular testing and monitoring, to identify and address potential issues.