Specialist, Sanction Operations

Job Description

OKX is seeking a Sanction Operations Specialist to ensure the organization's compliance with all relevant sanctions regulations and laws. The Sanction Specialist will work closely with various teams within the organization, including legal, compliance, risk management, and customer service operations, to ensure that all transactions and activities are screened for potential sanctions violations. He/she will also be responsible for managing and maintaining the company's sanctions policies and procedures, as well as conducting periodic sanctions risk assessments.

Responsibilities:

• Conducting sanctions screening on transactions, individuals, and entities to identify potential sanctions risks.
• Developing and implementing sanctions policies and procedures that are in compliance with relevant sanctions laws and regulations.
• Providing guidance and training to other employees on sanctions compliance, when necessary.
• Conducting sanctions risk assessments to identify and mitigate potential sanctions risks.
• Monitoring changes to sanctions laws and regulations and updating internal policies and procedures accordingly.
• Investigating and resolving potential sanctions violations, including reporting any violations to the relevant authorities.
• Maintaining accurate records of all sanctions-related activities.

Requirements:

• Bachelor's degree in a related field such as business, law, international relations, or a related field
• Minimum of 3 years of experience in similar role or in sanction compliance, preferably in the financial services industry or a related field
• Familiarity with sanctions screening tools and technologies, e.g. Refinitiv, LexisNexis, etc.
• In-depth knowledge of sanctions laws and regulations, including OFAC, EU, and UN sanctions regimes
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills with the ability to effectively collaborate with internal and external stakeholders
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Experience in conducting sanctions risk assessments and developing sanctions policies and procedures.
• Knowledge of international trade and financial systems

OKX offers:

• Competitive remuneration package (Basic Salary + Yearly Bonuses).
• Hybrid work environment available as part of our flexible working approach
• Monthly Team Building
• Excellent prospects for growth and promotion
• Employee engagement, recognition and appreciation program.
• Multinational working environment