Head of Sanctions Screening
When we started myPOS we believed that all businesses and entrepreneurs should be able to leverage the power of card payments and modern technology to grow and thrive. Now we are proud to say that 10 years later we brought that belief to life, with offices in various European countries, over 200,000 clients and a strong team of talented professionals, myPOS is creating the future of payments.
Overview of the role:
We are seeking a highly experienced and dedicated professional to lead our Sanctions Screening Team. The role is responsible for overseeing the entire sanctions screening process, managing negative media screening, handling card scheme blacklists, and ensuring effective system management and testing.
Your challenges will be:
- Oversee the development, implementation, and maintenance of robust sanctions, media and card scheme blacklist screening processes to ensure full compliance with all relevant regulations and guidelines.
- Develop and maintain detailed screening procedures and protocols, ensuring they are up-to-date with the latest regulatory requirements and industry best practices.
- Ensure the accurate and timely processing of all sanctions screening alerts, conducting thorough investigations and risk assessments as necessary.
- Implement robust processes for assessing and managing negative media findings.
- Develop and implement a comprehensive framework for the ongoing monitoring of card scheme blacklists.
- Collaborate with compliance, legal, and risk management teams to address any identified risks or issues, ensuring appropriate remedial actions are taken.
- Act as the primary point of contact with external service/ data providers and internal stakeholders to facilitate seamless processing and operational efficiency.
- Stay informed about changes in sanctions laws and regulations, ensuring the team is trained and processes are updated accordingly.
- Lead, mentor, and manage Sanction Screening team, fostering a culture of excellence, accountability, and continuous improvement. Provide clear direction and support to team members.
- Implement and monitor key performance indicators (KPIs) to measure the effectiveness and efficiency of the sanctions screening process.
- Regularly review and enhance screening tools and systems to ensure optimal performance and accuracy.
- Collaborate with IT and other relevant departments to address system issues and implement enhancements.
- Develop and update internal policies and procedures at least annually to ensure compliance with regulatory changes.
- Prepare detailed reports and analysis on sanctions screening activities, providing insights and recommendations to senior management and clients.
Your Profile:
- Bachelor’s degree in Finance, Business Administration, Law, or a related field.
- Extensive experience in sanctions screening, negative media screening, card scheme blacklist management and production of process related MI.
- Strong understanding of relevant regulations and compliance requirements.
- Proven leadership and team management experience.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Proficiency in relevant software and systems used for sanctions screening and management.
What we've got to offer:
- Inclusive workplace fueled by creativity and teamwork
- Friendly hi-tech environment.
- 25 days Annual paid leave (+1 day per year up to 30).
- Promotions and a salary review based on performance.
- Quarterly performance-based opportunities
- Full “Luxury” package health insurance including dental care and optical glasses.
- 160 lv. per month for lunch and snacks (8 lv. per day)
- Exciting teambuilding events on a multi-national level
- Onsite fitness, bowling, and relax areas (Varna) or Multisport card (Sofia)
- Did we mention free coffee, snacks and drinks at the office?
Your application will be reviewed in utmost confidentiality following the General Data Protection Regulation. All personal information will be collected only for the purpose of the job application and will be stored for a period needed by the application process. Only short-listed candidates will be contacted, so keep it tight and fresh – good luck to all of you!
Apply by filling in the form below!
- Department
- Compliance
- Locations
- Sofia - Office, Varna
- Reference number
- HSS_BG_1
Head of Sanctions Screening
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