At a Glance
- Tasks: Lead the design and implementation of sanctions oversight for our financial crime team.
- Company: Join one of the UK's largest building societies with a strong ethical focus.
- Benefits: Enjoy 28 days holiday, a bonus scheme, and a matched pension plan.
- Other info: Flexible working arrangements and a commitment to diversity and inclusion.
- Why this job: Make a real impact by ensuring compliance and mitigating sanctions risks.
- Qualifications: Extensive experience in sanctions regimes and strong communication skills required.
The predicted salary is between 36000 - 60000 £ per year.
Our 2nd line of defence Financial Crime team is pivotal in ensuring the Group complies with its sanctions obligations. The Sanctions Manager will have a critical role in designing and implementing the Group's sanctions oversight capabilities and approach, ensuring the sanctions risk is consistently identified and mitigated. The role holder will be accountable for owning and iterating the Group's sanctions policies and working with all business areas to ensure its effective implementation. Equally, the focus will be on ensuring sanctions risk awareness across the Group, through training and communications and ensuring that the risk is considered in the design and ongoing operation of our controls. It will also involve leading conversations with 1st line on emerging sanctions risks and appropriate responses.
Location: Coventry or Manchester. Team-led hybrid working arrangements apply. Hours: 35 per week, flexible times across 5 days.
Our benefits include:
- 28 days holiday a year plus bank holidays and a holiday buy/sell scheme
- Annual discretionary bonus scheme
- Personal pension with matched contributions
- Life assurance (6 times annual salary)
About you
To be successful in this role we require the following requirements:
- You'll have extensive experience of all applicable sanction's regimes including UK, EU and OFAC, within a retail banking environment, within 2nd line or within an escalations / complex case team.
- You'll have demonstrable experience of dealing with complex sanctions cases, delivering appropriate guidance on next steps and evolutions to controls as required.
- You'll have a strong track record of applying your sanctions experience - evolving policies, responding to horizon scanning, identifying sanctions trends and providing advice and guidance on effective and appropriate controls.
- You'll have strong communications and team working skills, working in conjunction with business areas to ensure appropriate sanctions risk awareness.
About us
We're one of the largest building societies in the UK and we share a mutual goal across our branches and our offices to improve the lives of others. We're officially recognised as a 'Great Place to Work' and our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and comprehensive support for wellbeing. At the beginning of the year, The Co-operative Bank officially became part of our Group. Together, we have shared values and an ethical approach towards our members, customers, and colleagues. We're serious about equality, of race, age, faith, disability, and sexual orientation and we celebrate diversity. By working together, we know you'll build more than just a career with us. All together, better.
Flexibility and why it matters
We understand the need for flexibility, so wherever possible, we'll consider alternative working patterns. Have a chat with us before you apply to see what the possibilities are for this role.
Proud to be a Disability Confident Committed Employer
We're proud to offer an interview or assessment to every disabled applicant who meet the minimum criteria for our vacancies. As part of the application process, disabled applicants can opt in for the Disability Confident Interview Scheme. If there are ever occasions where it is not practicable to interview all candidates that meet the essential criteria, such as when we receive a high number of applications, we commit to interviewing disabled candidates who best meet the minimum essential and desirable criteria.
Sanctions Manager in Bristol employer: Coventry Building Society
As a leading building society in the UK, we pride ourselves on being a 'Great Place to Work', offering a supportive and inclusive work culture that values diversity and equality. Our Sanctions Manager role provides not only competitive benefits such as a discretionary bonus scheme and generous holiday allowance but also opportunities for personal and professional growth within a team-led hybrid working environment in Coventry or Manchester. Join us to make a meaningful impact while enjoying flexibility and comprehensive wellbeing support.
StudySmarter Expert Advice🤫
We think this is how you could land Sanctions Manager in Bristol
✨Tip Number 1
Network like a pro! Reach out to folks in the financial crime and sanctions space on LinkedIn. Join relevant groups and participate in discussions. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for those interviews! Research common questions for sanctions roles and practice your responses. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you showcase your experience effectively.
✨Tip Number 3
Showcase your expertise! Create a portfolio or a presentation that highlights your experience with sanctions regimes and complex cases. Bring this along to interviews to demonstrate your knowledge and how you can add value to the team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of our team and contributing to our mission.
We think you need these skills to ace Sanctions Manager in Bristol
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with sanctions regimes like UK, EU, and OFAC. We want to see how your background aligns with the role of Sanctions Manager, so don’t hold back on showcasing your relevant skills!
Showcase Your Communication Skills:Since this role involves working closely with various business areas, it’s crucial to demonstrate your strong communication abilities. Use examples in your application that illustrate how you’ve effectively collaborated with teams to raise sanctions risk awareness.
Highlight Your Problem-Solving Experience:We’re looking for someone who can handle complex sanctions cases. In your application, share specific instances where you’ve navigated tricky situations or evolved policies in response to emerging risks. This will show us you’re up for the challenge!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details about the role and our fantastic benefits there!
How to prepare for a job interview at Coventry Building Society
✨Know Your Sanctions Inside Out
Make sure you brush up on all applicable sanctions regimes, especially UK, EU, and OFAC. Be ready to discuss how these regulations impact the retail banking environment and share examples of how you've navigated complex sanctions cases in the past.
✨Showcase Your Policy Evolution Skills
Prepare to talk about your experience in evolving sanctions policies. Think of specific instances where you've identified trends or risks and how you adapted controls accordingly. This will demonstrate your proactive approach to sanctions management.
✨Communicate Effectively
Strong communication skills are key for this role. Practice articulating your thoughts clearly and concisely. Be prepared to discuss how you've worked with different business areas to raise sanctions risk awareness and implement effective training.
✨Emphasise Team Collaboration
Highlight your ability to work collaboratively with teams, especially the first line of defence. Share examples of how you've led discussions on emerging sanctions risks and how you’ve contributed to a culture of compliance within your previous roles.
