KYC And Sanctions Coordinator in London

Your Role: KYC and Sanctions Coordinator
Location: London
Salary: Competitive

We pride ourselves on fostering a dynamic and collaborative company culture that thrives on innovation, integrity, and excellence. As a leading provider in the marine transportation of petroleum products, we are committed to maintaining the highest standards of compliance and regulatory adherence. We are currently seeking a highly motivated KYC and Sanction Coordinator to join our team and play a vital role in ensuring our operations remain in full compliance with global regulations.

As the KYC and Sanction Coordinator, you will be an integral part of our Compliance Department, contributing to the overall success of our business by overseeing and managing our Know Your Customer (KYC) and Sanctions processes. Your attention to detail, understanding of regulatory frameworks, and ability to navigate complex compliance landscapes will be essential in helping us maintain our reputation for integrity and ethical business practices.

**Key Responsibilities:**

1. Reviewing documents provided by our counterparties and requesting further documents where required;
2. Liaising with the chartering team to request further documents / raise issues;
3. Sanctions' screening of counterparties;
4. Understanding which restrictions apply to a party and compliance with our screening policy regarding low risk and high risk;
5. Seeking approval from senior management when waivers are required;
6. Conducting searches regarding counterparties;
7. Sending queries to external legal counsel if required;
8. Maintaining records relating to the screening process;
9. Sanctions analysis; and
10. Replying to Audit queries regarding counterparty clearance.

- Perform thorough KYC due diligence on new and existing clients, suppliers, and partners to ensure compliance with global regulations and internal policies.
- Monitor and assess sanction lists, politically exposed persons (PEPs), and adverse media to prevent unauthorized or restricted business transactions.
- Collaborate with internal teams, including Legal, Risk Management, and Operations, to identify potential compliance risks and develop mitigation strategies.
- Stay updated on changes in global regulations related to KYC and sanctions, and implement necessary adjustments to our compliance procedures.
- Maintain accurate and organized records of all KYC and sanction-related activities, ensuring information is readily accessible for audits and reporting.
- Participate in training and awareness programs to educate employees on compliance requirements and best practices.

**Qualifications and Requirements:**

- Bachelor's degree in a relevant field or equivalent education.
- A minimum of 3 years of office experience, preferably in a compliance-related role.
- Strong understanding of KYC and sanctions regulations, and experience applying them in a corporate setting.
- Excellent analytical skills and attention to detail.
- Strong communication and interpersonal skills, with the ability to collaborate effectively across teams.
- Proficiency in using compliance software and tools.
- Ability to work independently and handle sensitive information with the utmost confidentiality.
- Professional certifications in compliance or related fields are a plus.

Joining us means becoming part of a team that values integrity, dedication, and innovation. If you have a passion for compliance, a keen eye for detail, and the desire to contribute to the success of a leading maritime transportation company, we invite you to apply and be a part of our journey.

Disclaimer:

This vacancy is being advertised by either Advanced Resource Managers Limited, Advanced Resource Managers IT Limited or Advanced Resource Managers Engineering Limited ("ARM"). ARM is a specialist talent acquisition and management consultancy. We provide technical contingency recruitment and a portfolio of more complex resource solutions. Our specialist recruitment divisions cover the entire technical arena, including some of the most economically and strategically important industries in the UK and the world today. We will never send your CV without your permission.