Assistant Manager - Sanctions

End Date Wednesday 15 February 2023 Salary Range £32,680 - £40,850
Agile Working Options Other Agile Working Arrangements / Open to Discussion Job Description Summary We're a small team in the Commercial Banking 1st Line Economic Crime Prevention (ECP) function. Two colleagues handle Sanctions risk across Business & Commercial Banking (BCB) & Corporate & Institutional Banking (CIB) clients. The remainder of the team have responsibility for conducting enhanced due diligence on new and existing Correspondent Banking relationships. We're highly collaborative and encourage innovation, to be best in class among our peer banks. Job Description
Core Purpose: This is an opportunity to join a team of risk specialists responsible for handling Sanctions risk for BCB & CIB. You'll conduct risk assessments on customers believed to have a connection to sanctioned countries/entities, and make recommendations to senior management for approval. As a subject matter expert, you'll keep abreast of industry developments and regulation, sharing information across appropriate teams within the division. What we're looking for: Do you have demonstrable experience of investigating and assessing sanctions risk, and ability to work effectively with partners across a variety of business functions? You’ll need to show a passion for the subject matter and keeping abreast of the global Sanctions landscape as well as knowledge or a keenness to learn about the intricacies of KYC, and payments. Essentials:

• Proven ability to investigate and assess sanctions risk.
• Track record in coordinating work in order to achieve expectations and follow established timelines.
• Partner management skills, to collaborate closely with Coverage and ECP colleagues.
• Experience and technical knowledge in an ECP role.
• Knowledge of, or a passion to learn about, KYC and international/domestic payment mechanisms.

Desirables:

• Coaching skills and track record of personal development.
• Experience in the design and implementation of a compliance programme while ensuring adherence to regulatory and compliance standards.
• Ability to identify shortcomings, then suggest and implement improvements to existing business practices.

Working arrangements:

• The primary location is Birmingham as that’s where the majority of our partners are based, but with flexibility to work from London or Edinburgh.
• The expectation will be to work a minimum of one day a week from the office.
• We’re happy to support agile working.

Interested? Apply today! Together make it possible. We're an equal opportunity employer and deeply value diversity within our organisation. We'll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop. We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.