Logo of Huzzle

Home

Matches

Explore

Manage

Assistant Manager, Sanctions Advisory Compliance

image

LSEG (London Stock Exchange Group)

2mo ago

Applications are closed

  • Job
    Full-time
    Mid & Senior Level
  • Legal
    Consulting
  • London

Requirements

  • Degree or equivalent professional qualification (other relevant industry experience will be considered).
  • Previous experience of working in a sanctions compliance or financial crime advisory role.
  • A strong understanding of the UK sanctions regimes and how they are applied, interpreted and enforced. Experience of EU, US and other sanctions regimes is highly desirable.
  • You must be able to demonstrate an ability to complete accurate and thorough sanctions investigations including in relation to beneficial ownership and control.
  • You must be able to demonstrate good communication skills and the ability to summarise and explain technical concepts and analysis to a wide audience.
  • Previous experience working in the financial services sector, the data & analytics sector or in a related compliance or professional services role is desirable.

Responsibilities

  • Handling escalations received from first line teams to assess potential sanctions risks relating to new client onboarding and existing client base.
  • Conducting thorough and accurate assessments of the sanction’s status of third parties, including with regard to direct and indirect ownership and control.
  • Preparing clear summaries and analysis including recommended actions in relation to sanctions reviews and applicability of sanctions to third parties.
  • Providing sanctions compliance advisory support to regulated and non-regulated business lines across the group and acting as a trusted advisor to business lines and management on sanctions matters.
  • Processing terminations or suspensions of third parties that fall outside group risk appetite.
  • Collaborating with colleagues in the wider Financial Crime team in relation to operating processes and day to day compliance activities.
  • Supporting with the management and use of sanctions licences, including reviews of available General Licences and preparing applications for sanctions licences.
  • Supporting with regulatory reporting requirements and engagement with government regulators.
  • Monitoring new sanctions developments, including new sanctions programmes or changes to sanctions measures and designations, and understanding how these changes impact LSEG business lines.
  • Supporting with updates and changes to policies and processes.
  • Supporting Financial Crime colleagues and the group’s Risk and Compliance functions to develop and enhance monitoring and management of evolving sanctions risks.
  • Supporting with the delivery of training and awareness on sanctions compliance across the group.

FAQs

What is the main purpose of the Assistant Manager, Sanctions Advisory Compliance role at LSEG?

The Assistant Manager in Sanctions Advisory Compliance is responsible for supporting global business operations by identifying and managing compliance risks related to sanctions laws and regulations, particularly focusing on UK, EU, and US sanctions regimes.

What key responsibilities does this role involve?

Key responsibilities include handling escalations regarding sanctions risks, conducting assessments of third parties' sanctions status, providing advisory support, processing terminations or suspensions of risks outside group appetite, collaborating with the Financial Crime team, managing sanctions licenses, monitoring regulatory changes, supporting training on sanctions compliance, and enhancing monitoring of evolving sanctions risks.

What qualifications are required for this position?

Applicants should possess a degree or equivalent professional qualification. Experience in sanctions compliance or a financial crime advisory role is essential, along with a strong understanding of UK sanctions regimes. Familiarity with EU, US, and other sanctions regimes is highly desirable.

What type of communication skills are necessary for this role?

Strong communication skills are required, including the ability to summarise and explain technical concepts and analysis to a wide audience effectively.

Is prior experience in a specific sector required for this position?

While previous experience in sanctions compliance or financial crime advisory is crucial, experience in the financial services sector, the data and analytics sector, or other related compliance or professional services roles is highly desirable.

What aspects of sanctions compliance will the Assistant Manager be focused on?

The Assistant Manager will focus on conducting sanctions screening reviews, assessing risks related to corporate ownership structures, advising on sanctions matters, and monitoring new sanctions developments that may impact the LSEG business lines.

How does LSEG emphasize diversity and inclusion within its culture?

LSEG embraces diversity by actively seeking individuals with unique backgrounds and perspectives, encouraging teamwork to enable innovation and fostering an inclusive culture where everyone feels empowered to fulfil their potential.

What type of training and awareness activities are expected in this role?

The Assistant Manager will support the delivery of training and awareness on sanctions compliance across the group to ensure that all employees are informed about relevant regulations and compliance practices.

Is experience with sanctions licenses part of the role's responsibilities?

Yes, the role includes supporting the management and use of sanctions licenses, reviewing available General Licenses, and preparing applications for sanctions licenses.

How does this position support regulatory reporting requirements?

The Assistant Manager will assist in meeting regulatory reporting requirements and engaging with government regulators to ensure compliance with sanctions laws and regulations.

LSEG (London Stock Exchange Group)

Finance
Industry
10,001+
Employees

Mission & Purpose

LSEG (London Stock Exchange Group) is a diversified international markets infrastructure business —earning our clients’ trust for over 300 years. That legacy of customer-focused excellence ensures that you can rely on our expertise in capital formation, intellectual property and risk and balance sheet management. As global leaders in financial indexing, benchmarking and analytic services, we offer unrivalled access to international capital markets. Our high-performance technology solutions enable companies worldwide to access funds for growth and development. And with our Data & Analytics, Capital Markets and Post Trade divisions, we provide a comprehensive, integrated suite of trusted financial market infrastructure services that help our customers pursue—and achieve—their ambitions. You can count on our open access model for unparalleled partnership, flexibility, stability, and support across all of our businesses. That’s how we make a difference— ensuring people can meet their potential—worldwide.