Sanctions Officer

We’re looking to expand our Sanctions team, so we’re looking to welcome a new Sanctions Officer to join our crime fighting squad in the Tallinn office!

Your Mission:

Wise has already pioneered new ways for people to transfer money across borders and currencies. Our customers can also manage their hard-earned money with the world’s first platform to offer true multi-currency banking. 

The Sanctions Investigations and Reporting team serves as the sanctions subject matter experts responsible for reviewing and investigating all potential violations of OFAC, E.U., UK and other sanctions programs processed through Wise. This includes: reviewing and final approval regarding escalated alerts on transactions and  matches to the OFAC, E.U., UK and any other applicable lists and programs; reviewing and approving licensed transactions; reporting blocked property and rejected transactions to the respective regulatory agencies; drafting and filing Voluntary Self-Disclosures to OFAC; investigation into potential circumvention attempts; advising teams on sanctions related issues and sanctions incidents; and coordinating with the Team Lead on ad-hoc sanctions projects, as appropriate. 

Duties and responsibilities:

• Investigate and provide final decisioning on escalated sanctions cases for Level 3 review
• Use investigative tools and web research to analyze vessel movements, beneficial ownership, and potential sanctions links to discount or identify potential sanctions concerns.
• Prepare and review draft sanction fillings including block and reject reports to  to HM Treasury, OFAC, EU and other jurisdictional regulatory agencies
• Provide advice and subject matter expertise on sanctions related issues, acting as a point of escalation for teams within Wise
• Help to facilitate governance over sanctions lists/screening framework
• Identify sanctions compliance issues/concerns and make suggestions and/or take corrective action to implement solutions to improve controls/operations.
• Assist in the review of sanctions related regulatory examination and internal audit deliverables.
• Assist in the provision of sanctions related training for employees as needed.
• Assist with drafting sanctions procedures 

Skills/requirements:

• Strong knowledge of OFAC, UK and EU sanctions regulations.

• Strong attention to detail.

• Ability to multitask and manage multiple deliverables and a range of sanctions risk management responsibilities.

• Strong interpersonal, written and verbal communication skills.

• Excellent research and analytical skills.

• Conduct legal and investigative research utilizing open-source research systems.

• An understanding of SWIFT payments, trade finance and cross border payments
• Proven track record of taking ownership and responsibilities as well as being a great team-player
• High ethical standards, respect for confidentiality and privacy.
• You are able to persevere in a fast paced environment

Skills/requirements:

• Strong knowledge of OFAC, UK and EU sanctions regulations.

• Strong attention to detail.

• Ability to multitask and manage multiple deliverables and a range of sanctions risk management responsibilities.

• Strong interpersonal, written and verbal communication skills.

• Excellent research and analytical skills.

• Conduct legal and investigative research utilizing open-source research systems.

• An understanding of SWIFT payments, trade finance and cross border payments
• Proven track record of taking ownership and responsibilities as well as being a great team-player
• High ethical standards, respect for confidentiality and privacy.
• You are able to persevere in a fast paced environment