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.