SAVE THE CHILDREN INTERNATIONAL
ROLE PROFILE
TITLE: Sanction and Compliance OfficerTEAM/PROGRAMME: Treasury / LOCATION: London
GRADE: TBC / CONTRACT LENGTH: Permanent
CHILD SAFEGUARDING:
Level 2: either the post holder will have access to personal data about children and/or young people as part of their work; or the post holder will be working in a ‘regulated’ position (accountant, barrister, solicitor, legal executive); therefore a police check will be required (at ‘standard’ level in the UK or equivalent in other countries).
ROLE PURPOSE:
The role holder will work closely with Treasury, Accounts Payable and Legal Teams to ensure financial transactions relating to our international programme operations (in over 50 countries worldwide) are fully compliant with the latest legal, regulatory and compliance requirements,. This includes Cash Transfer Programming (CTP) and Anti Money Laundering (AML) controls.
The role holder will:
· Develop and monitor internal compliance processes and conduct extended due diligence exercises for banking partners.
· Monitor Regional Offices’ and Country Offices’ use of informal funds transfer systems (IFTS).
· Assist in the vetting and clearance of payment and funding transfers to high-risk countries.
· Assist Members and SCI regional/country offices in compliance processes and guidance.
· Implement procedures to ensure that key compliance risks are identified and appropriate mitigation strategies proposed for new awards.
· Monitor data protection protocols.
SCOPE OF ROLE:
Reports to: Head of Treasury Advisory Services
Staff reporting to this post: None
Budget Responsibilities: None
KEY AREAS OF ACCOUNTABILITY :
Regulatory and compliance monitoring and support
· Provide high quality professional support on a range of regulatory and compliance issues affecting international operations.
· Monitor and assist the Accounts Payable Team with higher-risk payment instructions.
· Support the Head of Treasury Advisory on the organisation’s obligations for legal and regulatory compliance on fraud, terrorism financing, money laundering and sanctions.
· Assist in the development and maintenance of processes, systems and tools to secure compliance with sanctions, Counter Terrorism Financing (CTF), AML and data protection policies and regulation.
· Support Head of Treasury Advisory Services to develop risk management strategies.
· Develop and maintain reports on movement-wide counterparty risks, in particular members’ donor receivable positions.
· Support the Head of Treasury Advisory Services and the Treasury Operations Manager to monitor and analyse the potential impact of sanctions and other financial regulations on Save the Children’s cash transfers and third party payments, and coordinate with banks to mitigate potential impacts
· Review partner and third party agreements and operational contracts
Relationships:
· Build and maintain relationships with members, country and regional offices to facilitate the above.
· Maintain relationships with our key banking partners for ongoing service provision (including completing extended due diligence checks)
· Respond to auditor queries regarding treasury activities and higher-risk transactions
Other duties:
· Deputise for the Head of Treasury Advisory Services, as appropriate
· Back up “back office” treasury activity
· Liaise across other centre and regional/country teams and with member organisations in relation to legal compliance matters as above.
· Contribute to the sharing and dissemination of knowledge and expertise on compliance processes and requirements across Save the Children.
· Carry out any other compliance duties either additional to or instead of those outlined above which may be reasonably required.
SKILLS AND BEHAVIOURS (SCI Values in Practice)
Accountability:
· Holds self accountable for making decisions, managing resources efficiently, achieving and role modelling Save the Children’s values
· Holds the team and partners accountable to deliver on their responsibilities - giving them the freedom to deliver in the best way they see fit, providing the necessary development to improve performance and applying appropriate consequences when results are not achieved.
Ambition:
· Sets ambitious and challenging goals for themselves and their team, takes responsibility for their own personal development and encourages their team to do the same
· Widely shares their personal vision for Save the Children, engages and motivates others
· Future orientated, thinks strategically and on a global scale.
Collaboration:
· Builds and maintains effective relationships with their team, colleagues, Save the Children Member organisations and external partners and supporters
· Values diversity, sees it as a source of competitive strength
· Approachable, good listener, easy to talk to.
Creativity:
· Develops and encourages new and innovative solutions
· Willing to take disciplined risks.
Integrity:
· Honest, encourages openness and transparency; demonstrates highest levels of integrity
QUALIFICATIONS
· Ideally paralegal certificate or higher diploma or a degree in law, legal studies or paralegal practice
EXPERIENCE AND SKILLS
Essential:
· Sound experience and proven ability within a legal or financial environment.
· Very strong attention to detail with a diligent approach to tasks.
· Sound judgement and ability to manage multiple stakeholders and tasks in a pressured environment.
· Skilled at applying technical expertise to solving problems in a practical way.
· Strong time management skills and ability to work to tight deadlines.
· Proven ability to communicate technical and complex information and ideas to different audiences (both up and down the organisation).
· Proven ability in reviewing third party agreements/contracts
· Diplomacy and excellent interpersonal skills. Remains calm under pressure and able to work with a wide range of people at all levels and across different cultures.
· Excellent spoken and written communication skills in English.
· Strong professional integrity and an ability to work with a high degree of flexibility and autonomy, tackling new areas with confidence.
· Team player; you will be required to work closely with the two other compliance-focused legal counsel on a daily basis, as well as with other key stakeholders.
· Commitment to the mission, vision and values of Save the Children.
Desirable
· Knowledge of the international development sector.
· Knowledge and experience advising on and managing regulatory and compliance requirements and processes in the UK and internationally (FATF, KYC, AML regulations etc.)
Additional job responsibilities
The job duties and responsibilities as set out above are not exhaustive and the post holder may be required to carry out additional duties within reasonableness of their level of skills and experience.
Equal Opportunities
The post holder is required to carry out the duties in accordance with the SCI Equal Opportunities and Diversity policies and procedures.
Child Safeguarding:
We need to keep children safe so our selection process, which includes rigorous background checks, reflects our commitment to the protection of children from abuse.
Health and Safety
The post holder is required to carry out the duties in accordance with SCI Health and Safety policies and procedures.
JD written by: Steve Harvey / Date: November 2017
JD agreed by: / Date:
Evaluated: / Date: