Senior/Lead Compliance Officer (Sanctions Compliance) - #396808

Job ID: 23154

Would you like to contribute to building a better bank serving a meaningful role in society? We are now looking for Senior/Lead Compliance Officers to support Nordea business by providing advice on sanctions-related issues.

At Nordea, we’re committed to being a partner our customers and society can count on. Compliance and integrity go hand in hand. Joining us means you’ll have an impact on how we do banking – today and tomorrow. So bring your ideas, skills and unique background. With us, you’ll be in good company with plenty of opportunities to collaborate, grow and make your mark on something bigger.

About this opportunity

Group Financial Crime Compliance (GFCC) is the bank’s Financial Crime expert function that works to improve the bank’s capabilities to combat financial crime in a dynamic and challenging environment. GFCC Sanctions is a team of leading sanctions experts with experience and knowledge from the Nordics and around the world. The team supports all business lines and functions across the Group on complex financial crime and sanctions-related matters. It also provides independent oversight of the sanctions risk management activities within the Group.

We are now looking for new colleagues with deep knowledge and understanding of Sanctions regulations (EU, UN, UK, and US) and experience in managing sanctions risks across multiple market segments within the financial service industry. We offer you an opportunity to help drive Nordea’s Financial Crime strategy on Sanctions.

We are looking to strengthen then team within Advisory, Breaches and Frameworks, and hence the specific tasks will vary depending on the candidates experiences and the need in the team, but please see some examples below.

What you’ll be doing:

• Acting as SME by providing advice and guidance to key stakeholders on sanctions risk management, compliance with the EU, UN, UK and US Sanctions regimes and Nordea sanctions policy.
• Conducting case-by-case assessments of complex matters, including those related to client sanctions exposure, complex transactions, new products and business initiatives, potential breaches and exception requests to the Group’s sanctions policy;
• Evaluating new and updated sanctions requirements and producing gap analysis;
• Leading the development of Nordea’s sanctions policies and standards.
• Articulating the impact of policy changes on Nordea;
• Analysing and contributing to the enhancement of the Group’s sanctions controls in line with regulatory requirements, industry best practices, and the Group’s sanctions policies;
• Conducting impact assessment of the business need for additional guidance and issuing additional guidance documents;
• Contributing to the sanctions and financial crime strategic initiatives and training.

Who you are

Collaboration. Ownership. Passion. Courage. These are the values that guide us in being at our best – and that we imagine you share with us.

To succeed in this role, we believe that you:

• Strong understanding and experience in interpreting sanctions regulations (EU, UN, US, and UK sanctions), knowledge of sanctions risks and typologies;
• Proven experience in drafting financial crime policy, including sanctions (especially for the Frameworks role);
• Are able to provide clear, relevant and actionable advice to all business lines and functions across the Nordea Group in support of Nordea’s customer focused mission;
• Strong communication and interpersonal skills;
• Strong stakeholder management skills;
• Strong presentation skills with the ability to articulate complex problems through a concise and clear message;
• Business/market knowledge, including an in-depth understanding of financial products and services;
• Strong attention to detail, team-oriented, organised.

Your experience and background:

• Bachelor’s degree, Master’s, or other advanced degree preferred, in relevant fields such as Law, Political Science, International Affairs, Economics, or Business;
• Depending on seniority level – SCO 3-5 years/LCO 7+ years of experience working with the sanctions regimes of the UN, EU, UK, and US (including sanctions implemented by Commerce, State, and Treasury);
• Familiarity with the Nordic regulatory environment and expectations of Nordic enforcement authorities on Sanctions;
• Excellent English skills, both spoken and written.

If this sounds like you, get in touch!

Next steps

Submit your application no later than 10/05/2024.

At Nordea, we know that an inclusive workplace is a sustainable workplace. We deeply believe that our diverse backgrounds, experiences, characteristics and traits make us better at serving customers and communities. So please come as you are.

Please be aware that any applications or CVs coming through email or direct messages will not be accepted or considered.

Only for candidates in Finland: A security clearance will be performed for the person selected for this position.

Only for candidates in Sweden: For union information, please contact [email protected] or [email protected].

Only for candidates in Poland: Please include permit for processing personal data in CV as following:

In accordance with art. 6 (1) a and b. Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) hereinafter ‘GDPR’. I agree to have: my personal data, education and employment history proceeded for the purposes of current and future recruitment processes in Nordea Bank Abp.

The administrator of your personal data is: Nordea Bank Abp operating in Poland through its Branch, address: Aleja Edwarda Rydza Śmiglego 20, 93-281 Łodź. Your personal data will be processed for the recruitment processes in Nordea Bank Abp. You have a right to access your personal data, right to rectify and right to delete. Disclosing the personal data in the scope specified by the provisions of Polish Labour Code from 26 June 1974 and executive acts are mandatory. Providing personal data is necessary to conduct the recruitment processes. The request for the deletion of your personal data means resignation from further participation in recruitment processes and causes the immediate removal of your application. Detailed information concerning processing of your personal data can be found at: https://www.nordea.com/en/doc/nordea-privacy-policy-for-applicants.pdf.

We reserve the right to reply only to selected applications.