Sanctions Business Analyst

Description

Job Title: Sanctions Business Analyst

Job Summary: We are seeking a detail-oriented Sanctions Business Analyst to join our compliance team. The ideal candidate will be responsible for ensuring that our organization adheres to international sanctions laws and regulations. This role involves conducting thorough investigations, analyzing transactions, and providing recommendations to mitigate potential risks.

Key Responsibilities:

• Interpret and implement relevant local and international sanctions laws and regulations within the organization.
• Conduct due diligence and risk assessments on new and existing clients to identify potential sanctions risks.
• Analyze and investigate transactions, identifying and escalating potential sanctions violations to the appropriate department.
• Assist in the development and implementation of sanctions compliance policies and procedures.
• Provide sanctions compliance training to staff and keep them updated about changes in sanctions laws and regulations.
• Prepare and submit necessary reports to regulatory bodies and senior management.
• Coordinate with various departments within the organization to ensure that business activities are conducted in compliance with sanctions laws and regulations.
• Review and recommend enhancements to the sanctions screening tools and systems.

Qualifications:

• Bachelor's degree in Legal, Financial Services, Business, Finance, or a related field.
• Relevant certifications such as CAMS, CFE, ACAMS, or AML are preferred.
• Strong understanding of economic sanctions laws and regulations.
• Proficiency in investigative techniques and risk assessment.
• Excellent communication and analytical skills.
• Ability to work independently and as part of a team.

Desired Skills:

• Knowledge of AML/CTF compliance and the USA Patriot Act.
• Experience with sanctions screening tools and systems.
• Strong problem-solving skills and attention to detail.

Matrix is a global, dynamic, fast-growing technical consultancy leading technology services company with 13000 employees worldwide. Since its foundation in 2001, Matrix has made more travelers and acquisitions and has executed some of the largest, most significant. The company specializes in implementing and developing leading technologies, software solutions, and products. It provides its customers with infrastructure and consulting services, IT outsourcing, offshore, training and assimilation, and Ves as representatives for the world's leading software vendors.  With vast experience in private and public sectors, ranging from Finance, Telecom, Health, Hi-Tech, Education, Defense, and Secu city, Matrix's customer base includes guest organizations in Israel and a steadily growing client base worldwide. We are comprised of talented, creative, and dedicated individuals passionate about delivering innovative solutions to the market. We source and foster the best talent and recognize that all employee's contributions are integral to our company's future. Matrix- success is based on a challenging work environment, competitive compensation and benefits, and rewarding career opportunities. We encourage a diverse work environment of sharing, learning, and ceding together. Come and join the winning team! You'll be challenged and have fun in a highly respected organization.

To Learn More, Visit: www.matrix-ifs.com

EQUAL OPPORTUNITY EMPLOYER: Matrix is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind. Matrix is committed to the principle of equal employment opportunity for all employees and providing employees with a work environment free of discrimination and harassment. All employment decisions at Matrix are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in our locations. Matrix will not tolerate discrimination or harassment based on any of these characteristics. Matrix encourages applicants of all ages.