Sanctions Manager

  • Kraken
  • Remote
  • Feb 04, 2021
Full time Compliance

Job Description

Responsibilities

  • Manage and maintain all aspects of the sanctions program in accordance with applicable laws, regulations, regulatory guidance and expectations, as well as the Kraken policies and procedures.
  • Oversee a team of compliance personnel dedicated to Kraken’s sanctions program
  • Assist with the company’s annual sanctions risk assessment
  • Continued assessment and maintenance of the watchlist screening tools
  • Identify areas of risk and work with various departments to identify control gaps, provide remediation and work on implementation.
  • Prepare periodic MIS reports for Senior Management.
  • Prepare regulatory reporting such as OFAC Annual Blocked Property Report, OFAC Block Reports, OFAC Reject Reports and Voluntary Self Disclosures.
  • Coordinate and provide materials for internal and external audits and examinations.
  • Participate in special projects in support of global sanctions compliance.
  • Development and implement action plans for remediation items.
  • Participate in risk assessments to identify sanctions risks related to new products and services.

Requirements

  • 10 years experience in a sanctions role
  • 2 years experience in a supervisory/managerial role
  • Bachelor’s degree - Advanced degree a plus
  • CGSS Certification or equivalent
  • Deep experience with OFAC, international sanction regimes, sanctions reporting requirements, watchlist screening requirements, and technologies and systems utilized
  • Executive level communication and organizational skills
  • Experience managing regulatory exams and audits
  • Proven track record and experience working with, and technical implementations of, watchlist screening vendors
  • Deep familiarity with sanctions regulatory requirements in Europe and US, and other jurisdictions
  • Demonstrated ability to author detailed business requirements and effectively communicate with engineering/technology teams
  • Prior success in project management and driving cross functional teams to execute and deliver on strategically important initiatives
  • Quantitative analysis and decision making