Sanctions Management: Oversee and ensure compliance with international financial sanctions, including those imposed by the UN, EU, SECO, and other regulatory bodies.

 Monitoring and Control: Establish and maintain a sanctions monitoring program to detect and prevent potential violations. Conduct regular reviews and internal audits to ensure adherence to sanctions policies.

 Analysis and Assessment: Perform in-depth analysis of transactions and business relationships to identify sanctions risks. Provide appropriate recommendations to mitigate identified risks.

 Training and Awareness: Develop and deliver training programs to employees on sanctions compliance requirements. Raise awareness among staff about sanctions risks and best practices for managing them.

 Reporting and Communication: Prepare compliance and sanctions reports for senior management and regulators. Communicate effectively with internal and external stakeholders on compliance and sanctions issues.

 Cross-functional Collaboration: Work closely with legal, risk management, and other relevant departments to ensure a consistent and effective approach to sanctions management.

Regulatory Monitoring: Stay informed about regulatory and legislative developments regarding sanctions and adapt the bank’s policies and procedures accordingly.