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HALA is a leading fintech company in the MENAP region focused on redefining financial services and building the future bank for SMEs. The company operates multiple entities across UAE, Saudi Arabia, and Egypt, offering payment digitization and operational management solutions for merchants.
The Sanctions Officer will be responsible for conducting sanctions screening and investigations to identify potential sanctions matches, ensuring timely regulatory compliance, supporting transaction monitoring and account controls, and maintaining accurate documentation in accordance with internal policies and regulatory requirements.
Key responsibilities include:
- Conduct sanctions name screening for new customers, existing customers, transactions, employees, and third parties
- Analyze alerts generated by screening systems and assess the level of match (false match vs. true match)
- Conduct necessary investigations for potential matches and gather supporting evidence before escalating to the Sanctions Manager
- Execute instructions to stop or suspend transactions when required
- Update screening records and ensure complete and accurate documentation
- Implement freezing or temporary blocking of transactions or accounts upon confirmed matches
- Update and review approved sanctions lists within the system and ensure regulatory updates are reflected timely
- Maintain strict confidentiality of sanctions-related information
- Support execution of requests from competent authorities related to sanctions cases
- Contribute to reduction of false positives by providing practical feedback to enhance screening criteria
- Conduct periodic rescreening of existing customers upon updates to sanctions lists or changes in customer data
- Support sanctions screening system effectiveness testing by reviewing samples and validating match results
The company emphasizes an inclusive and diverse culture with flexibility in work arrangements, competitive compensation packages including potential equity, personal development opportunities with regular training and annual learning stipends, and a talented international team across 7 countries.
Requirements:
- Bachelor's Degree in Law, Finance, Business Administration, or equivalent fields (years of experience can substitute for education)
- 2–4 years of experience in AML/CTF (Anti-Money Laundering/Counter-Terrorist Financing) and sanctions
- Advanced proficiency in Microsoft Office Tools
- Fluent in English and Arabic
- Solid knowledge of compliance and regulations
- Intermediate proficiency in self-actualization & fulfillment, team synergy & development, entrepreneurial mindset & drive, and business acumen & diligence
