At a Glance
- Tasks: Lead and enhance the bank's sanctions compliance framework while ensuring regulatory adherence.
- Company: A respected UK retail bank offering a dynamic work environment.
- Benefits: Fully remote or hybrid options, competitive salary, and career development opportunities.
- Other info: Collaborative culture with opportunities for cross-functional teamwork.
- Why this job: Make a significant impact on compliance and work closely with senior leaders.
- Qualifications: Experience in sanctions compliance within financial services and strong stakeholder management skills.
The predicted salary is between 36000 - 60000 £ per year.
A well‑known UK Retail Bank is seeking an experienced Sanctions Compliance Lead to shape and oversee its sanctions control framework. With the regulatory landscape becoming increasingly complex, this role plays a critical part in ensuring the bank remains compliant with UK, EU, UN, and US sanctions obligations.
You will lead the design, implementation, and continuous improvement of the bank’s sanctions compliance programme, providing expert guidance across policy, screening, training, risk assessment, and regulatory change management. This is a high‑visibility role, working closely with senior stakeholders and acting as a key representative of the second line of defence.
Key Responsibilities- Lead the design and ongoing enhancement of the Sanctions Control Framework, ensuring industry best practice and regulatory expectations are met.
- Develop and maintain sanctions policies, procedures, standards, and guidance.
- Oversee and implement the bank’s 2nd line sanctions oversight approach, partnering with 1st line teams to ensure effective controls.
- Monitor sanctions regulatory developments (OFAC, UN, EU, HMT, etc.) and ensure timely implementation of new requirements.
- Support the management and investigation of sanctions alerts and reporting to relevant authorities.
- Contribute to sanctions elements of customer and enterprise‑wide risk assessments.
- Provide subject‑matter expertise to senior leadership and influence key decisions relating to sanctions risk.
- Foster strong working relationships across Risk, Financial Crime, and business teams to embed best‑in‑class sanctions oversight.
You will bring strong experience gained in a Sanctions Compliance role within financial services, ideally at Manager or Senior Manager level. You will possess:
- Deep working knowledge of UK, EU, UN, and US sanctions regimes.
- Proven experience designing or overseeing sanctions control frameworks.
- Strong ability to draft policy, standards, and governance documentation.
- Familiarity with sanctions screening systems and related technology.
- Excellent stakeholder management skills, with the confidence to advise and challenge senior leaders.
- A collaborative and pragmatic approach, with the ability to influence outcomes across 1st and 2nd line teams.
Fully remote or hybrid working, depending on your preference and location. A high‑impact role within a respected UK retail bank. Opportunity to shape and uplift the organisation’s sanctions compliance capability. Exposure to senior leadership and cross‑functional collaboration.
Sanctions Compliance Lead in Glasgow employer: Lorien
As a leading UK retail bank, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. With the flexibility of fully remote or hybrid working arrangements, our Sanctions Compliance Lead will enjoy a high-impact role that not only shapes compliance strategies but also offers exposure to senior leadership and cross-functional collaboration, making it an ideal environment for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Sanctions Compliance Lead in Glasgow
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Lorien looking for candidates who are engaged and informed.
We think you need these skills to ace Sanctions Compliance Lead in Glasgow
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Lorien. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Lorien
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Lorien’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
