Sanctions Screening Team Lead

StoneX (formerly known as INTL FCStone) is an institutional-grade financial services network that connects companies organizations and investors to the global markets ecosystem through a unique blend of digital platforms end-to-end clearing and execution services high-touch service and deep expertise.

With 4500 employees and over 300000 commercial institutional payments and retail clients we operate from more than 70 offices spread across six continents. As a Fortune 100 Nasdaq-listed provider we connect clients to the global markets focusing on innovation human connection and providing world-class products and services to all types of investors.

Whether you want to forge a career connecting our retail clients to potential trading opportunities or ingrain yourself in the world of institutional investing StoneX Group is made up of four business segments that offer endless potential for progression and growth.

The Sanctions Screening Team Lead is responsible for overseeing the cross-border sanctions payment screening processes to ensure compliance with international and national regulations. This role involves managing a team of analysts developing and implementing screening procedures and coordinating with various departments to mitigate risks associated with sanctioned entities.

Key Responsibilities:

• Team Management:
  • Lead mentor and develop a team of sanctions screening analysts.
  • Allocate tasks and manage workflow to ensure timely and accurate completion of screening activities.
  • Conduct regular performance reviews and provide constructive feedback.
• Screening Operations:
  • Oversee the daily operations of the sanctions screening process ensuring adherence to regulatory requirements.
  • Develop and maintain screening procedures ensuring they are up-to-date with current regulations.
  • Conduct complex screenings and investigations providing guidance and support to the team.
• Compliance and Risk Management:
  • Ensure compliance with international sanctions laws including OFAC UN EU and other relevant regulations.
  • Identify potential risks and escalate issues as necessary.
  • Develop and implement strategies to mitigate risks associated with sanctioned entities.
• Reporting and Documentation:
  • Prepare regular reports on screening activities including metrics and key performance indicators.
  • Maintain accurate and comprehensive records of all screening activities and investigations.
  • Ensure proper documentation of decisions and actions taken.
• Training and Development:
  • Develop and deliver training programs for new and existing team members.
  • Keep the team updated on changes in regulations and best practices.
  • Promote a culture of continuous improvement within the team.
• Work Schedule & Shift Flexibility:
  • The role requires flexibility to work across different shifts including night shifts based on business requirements and coverage needs.
• Return to Office (RTO) Requirement:
  • This position follows the companys Return to Office (RTO) policy with 4 days of Work From Office (WFO) per week being mandatory.
• Stakeholder Collaboration:
  • Work closely with other departments including Legal Risk and Operations to ensure a cohesive approach to sanctions compliance.
  • Act as a point of contact for internal and external audits and regulatory inquiries.
  • Liaise with external partners and regulatory bodies as required.

Qualifications:

• Bachelors degree in Finance Business Law or a related field. Advanced degree preferred.
• Minimum of 6 years of experience in sanctions compliance with at least 2 years in a supervisory or leadership role.
• Strong knowledge of SWIFT messaging standards including ISO 20022 and freeformat messaging.
• In-depth knowledge of international sanctions regulations and compliance requirements.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in using sanctions screening software and tools.
• Ability to work under pressure and manage multiple priorities effectively.

Key Competencies:

• Leadership and Team Management
• Regulatory Knowledge
• Risk Assessment and Mitigation
• Analytical Thinking
• Effective Communication
• Attention to Detail
• Decision Making
• Organizational Skills