Sanctions Officer

What is a Sanctions Officer?

A Sanctions Officer is a specialist responsible for ensuring that an organization complies with economic and trade sanctions imposed by government authorities, such as the Office of Foreign Assets Control (OFAC). This role involves monitoring transactions and relationships to detect and prevent dealings with individuals, entities, or countries that are subject to sanctions. The Sanctions Officer works closely with compliance teams to assess risk, implement appropriate policies and procedures, and respond to regulatory inquiries or investigations related to sanctions violations.

What are the responsibilities of a Sanctions Officer?

• Monitoring and reviewing transactions to ensure they comply with economic and trade sanctions regulations.
• Conducting due diligence to identify and assess risks associated with customers, transactions, and business relationships.
• Implementing and maintaining policies and procedures to enforce sanctions compliance across the organization.
• Collaborating with other compliance professionals to investigate and resolve potential sanctions violations.
• Preparing and submitting reports to regulatory authorities regarding sanctions-related issues.
• Providing training and guidance to staff on sanctions-related compliance requirements and best practices.
• Staying up to date on changes to sanctions laws and regulations to ensure ongoing compliance.
• Developing and utilizing screening tools to identify high-risk entities and transactions.
• Advising senior management on the impact of sanctions regulations on business operations and strategies.

Looking to hire a Sanctions Officer?

Whether it’s permanent or an interim appointment, we can help you find the perfect candidate for the position. To find out more, complete the contact form below and we’ll be in touch within the next working day to discuss your opportunity further.

Why work with Kind Consultancy?

• Kind has a large pre-existing network of Compliance, Risk and Financial Crimes experts, which allows us to present your vacancy to leading professionals in the sector.
• An active headhunting approach provides the best candidates for your organization and delivers more accurate searches.
• With a shortlist of pre-screened candidates selected by our specialist team, there is no need for you to sort through irrelevant or underqualified CVs.
• Kind Consultancy maintains a fast-growing database of Risk, Compliance and Financial Crimes professionals who will be eager to hear about your need in their niche.

If you want to hire an exceptional Sanctions Officer, complete the contact form below and we will initiate a conversation about how Kind Consultancy can help find the ideal person for your organization.