Sanctions Specialist

Sanctions Specialist

We’re looking to expand our Sanctions team in the Americas at Wise, so we’re looking to welcome new Sanctions Specialists to join our crime fighting squad in the Tampa office!

Wise has already pioneered new ways for people to transfer money across borders and currencies. Our customers can also manage their hard-earned money with the world’s first platform to offer true multi-currency banking. 

You’ll receive a competitive package including a salary range starting at $63,000 annually + Restricted Stock Units (RSUs) in a profitable company + best in class benefits! (more info below 😉)

Read more about our open roles and Wise here: https://www.wise.jobs

Your mission:

The Sanctions Specialist is a job where understanding Sanctions regulations is essential. The Sanctions Specialist supports Sanctions screening analysts in complicated cases and provides expert knowledge in other sanctions related escalations. This role requires significant familiarity with OFAC including experience with rejecting, blocking, and reporting transactions. 

• Acting as a first point contact and subject matter expert for sanction concerns raised by other compliance teams 
• Conducting enhanced investigations on escalated sanctions alerts from junior team members 
• Prepare and support all sanctions required reporting (e.g., OFAC Blocked and Rejected transactions, Annual Reporting of Blocked Property, reporting pursuant to general or specific licenses, as required)
• Provide advice and guidance to other teams and key stakeholders – regionally and globally, on OFAC sanctions regulations and related Wise policies and procedures
• Monitoring global regulatory changes that may impact Wise’s sanctions compliance requirements and identify any changes to internal policies and procedures
• Identifying gaps in policies/procedures, training, resources, and organizational structures are actioned to ensure that regulatory requirements are meet
• Conduct investigations and analysis in support of OFAC subpoenas and related inquiries and potential voluntary disclosures to OFAC

A bit about you: 

• Minimum of 2 years of previous work experience in Sanctions compliance roles at a financial institution
• Experience handling sanctions escalations and filing rejection and blocking reports with OFAC
• Subject matter knowledge of OFAC regulatory obligations and the ability to effectively communicate that knowledge with your peers
• Excellent verbal and written English, any other languages are a plus
• Ability to multi-task and take responsibility in challenging situations
• Punctual, independent, proactive, and willing to get things done 
• Cross-team cooperation and very good communication skills
• Must already be legally authorized to work in the US, we cannot provide Visas for this role
• This is NOT a permanently remote position, this is a full-time position located in Tampa, Florida

Nice to haves: 

• Previous experience completing voluntary self-disclosure analyses 
• Experience and/or understanding of UK and EU sanctions regulations 
• Certification as a Global Sanctions Specialist (CGSS) 

Key benefits:

• Salary range starts from $63,000.00 annually, based on experience
• Restricted Stock Units (RSUs) package
• Medical, dental, & vision insurance – including HSA and FSA options
• Company-paid: Life Insurance, Short & Long-Term Disability, and an EAP program
• 25 days of PTO + 15 paid sick days + 11 paid banking holidays + 5 paid compassionate leave days + 3 paid “Me” Days + a paid volunteer day, annually
• 18-weeks of paid parental leave, after a year with us
• 401k with up to a 4% employer match
• 6-week paid sabbatical after 4 years with us
• Hybrid working – up to 3 days/week working from home, the other 2 days in the office
• Click HERE for more info on benefits

We’re people without borders — without judgement or prejudice, too. We want to work with the best people, no matter their background. So if you’re passionate about learning new things and keen to join our mission, you’ll fit right in.

And because we believe that diverse teams build better products, we’d especially love to hear from you if you’re from an under-represented demographic. 💙

#LI-Hybrid