Manager Sanctions

**Role Purpose**:
The Job holder supports Head of Sanctions in meeting Sanctions obligations by providing an active support in the implementation of Sanctions in compliance with Central Bank of Egypt regulations and Group’s Global Policies and Principles and international standards.

The jobholder assists the Head of Sanctions to; identify and contain Sanctions risks, foster a compliance culture in the Bank, optimize relations with the Regulators, protect the reputation of the Group and comply with applicable Group policies and standards and local laws and regulations in order to prevent criminal sanctions.

In the execution of Sanctions duties, the job holder must independently handle the tasks assigned to him/her and be able to take decisions on matters within their designated authority. The job holder must be able to independently analyze and critically evaluate the responses received without much supervision and escalate as appropriate.

The Job holder will perform some of the responsibilities assigned by the Head of Sanctions during his/her absence as and when required.

The Job holder must be able to independently take decisions and lead the sanctions team during the absence of the Head of sanctions as and when required.

The Job holder will be responsible for the providing Sanctions advice and guidance on their assigned area to the relevant business areas and country compliance within Egypt.

**Impact on the Business**

Support Management in meeting HSBC’s regulatory and Group requirements on Sanctions risk by:

- Managing and coordinating sanctions compliance for HBEG
- Reviewing any new/amended material laws, rules and regulations and Group Policies, assess their applicability to the business areas and guide the business accordingly ensuring all appropriate processes and procedures are amended to comply.
- Assisting Head of Sanctions and country Compliance in their responsibility for complying with all relevant Laws, Rules, Regulations and Group policies related to Sanctions.
- Evaluating and monitoring existing procedures and develop new procedures, systems and controls with specific focus on common systems, off shoring initiatives to minimize the risk of the firm being used for financial crime and ensure the business is compliant with current sanctions requirements.
- Prepare regulatory filings and correspond with regulatory agencies as agreed with the Head of Sanctions Compliance and Senior Manager Sanctions.

**Customers / Stakeholders**
- Proactively assist Head of Sanctions in supporting business and country compliance functions to operate in a compliant manner
- Provide guidance to business areas on sanctions risk and exposure related to customer account opening and transactional activity
- Provide guidance to HBEG project teams and compliance representation on any sanctions related systems project for the country.
- Provide guidance to GSC on implementation on Sanctions related Group and or regulatory related requirements.

**Leadership & Teamwork**
- Provide guidance and training the Area Compliance Officers on implementation of sanctions compliance within HBEG.
- Provide advice on compliance & Sanctions issues that arise through the country compliance functions.
- Assist the Head of Sanctions in Leading and guiding the sanctions team to implement and abide by the sanctions policy
- Provide advice on compliance Sanctions/Sanctions issues that arise through the country compliance functions
- Liaise with FCR and FCR functions on sanctions related matters, reporting of KPIs and other matters requiring HBEG representation
- Support the Sanctions team by providing back-up coverage for leave and vacation
- Monitor, supervise, guide and coach other members of the Sanctions team as and when require

**Operational Effectiveness & Control**
- Conduct reviews for Branches and Business areas for Sanctions compliance. Produce review reports and make recommendations.
- Support Head of Sanctions on compliance reviews.
- Support Head of Sanctions Compliance on country compliance reviews
- Raise exceptions through IRIS reporting system and make decisions on reporting to senior management. Ensure a review all cases on a quarterly basis and provide updates where necessary or close cases where action completed.
- Support efforts to proactively drive the KYC improvements to support sanctions compliance
- Immediately escalate to Egypt Head of FCC, Head of Sanctions as applicable any material breaches or potential breaches of Laws, Rules and Regulations.

Requirements

**Qualifications**:

- The jobholder must have at least 4 years experience in AML, Sanction Compliance or Risk Financial Crime roles.
- The ability to multi-task across many fields involving potentially complex projects and multiple teams
- Experience of people management preferable
- Proven communication and influencing skills with the ability to communicate and in writing at all levels
- An excellent command in English