compliance sanctions controls effectiveness testing analyst

We are seeking a highly skilled and experienced Compliance Sanctions Controls Effectiveness Testing Subject Matter Expert (SME) to join our team. In this role, you will be responsible for evaluating the effectiveness of our sanctions screening controls, ensuring compliance with global regulatory requirements, and identifying areas for improvement. You will work closely with cross-functional teams to enhance our sanctions compliance program and mitigate risks associated with sanctions violations. You will also be the go-to expert within the team to guide and train the team of analysts. 

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

• Shape the future with the world’s leading blockchain ecosystem

• Collaborate with world-class talent in a user-centric global organization with a flat structure

• Tackle unique, fast-paced projects with autonomy in an innovative environment

• Thrive in a results-driven workplace with opportunities for career growth and continuous learning

• Competitive salary and company benefits

• Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)

Binance is committed to being an equal opportunity employer. We believe that having a diverse workforce is fundamental to our success.

By submitting a job application, you confirm that you have read and agree to our Candidate Privacy Notice.