Sanction team lead

• Ensure functioning of effective sanctions screening process;
  Ensure smooth running of all technical systems;
  Coordinate with IT and other relevant departments in collection/generation of data, information, reports, documents, statements, etc., and ensure accuracy and completeness of information.
• Prepare all required technical reports with accuracy and completeness.
• Provide reports to Management and to the Regulators in a timely manner.
• Update the Managers/DOC on the progress and developments and guide the staff accordingly.
• Attend to preparation, review and revision of SLAs, CRS, etc.
• Attend to all technical and IT related issues of regulatory requirements/enquiries, coordinate the staff within the division and of relevant departments for appropriate controls and timely corrective actions.
• Appraise the department managers on the regulatory and reporting requirements, pursue on submission of complete and correct information in a timely manner.
• Assist AML Manager/DOC in preparation of reports for submission to Management and to the Regulators.
• Suggest appropriate controls and corrective actions where required.
• Filter and process all sanctioning transactions.
• Update all sanctioning list with the latest update.
• Respond corresponding banks via e-mail.
• Respond to branches inquiries by emails or phone.
• Support in work if needed all screens Maintain confidentiality of information.

Bachelor's Degree in relevant major.

From 4-6 years of experience

• Knowledge of all reporting rules & procedure of PSP and with SAMA.
• Knowledge of all PSP related system.
• Knowledge of Rules Governing Anti-Money Laundering & Combating Terrorist Financing.