Sanctions Screening Volume

Press Tab to Move to Skip to Content Link

Select how often (in days) to receive an alert: Create Alert

Select how often (in days) to receive an alert:

Job ID:22456

It's an exciting time for you to join us. We're a changing company with big ambitions & together we'll create the future of banking.

Working with us, you will play a part in building a better bank that fulfils a meaningful role in society. We aim to help our customers around the world improve their lives & reach their goals. To do that, we are embedding compliance across the Organisation to ensure people can trust Nordea. Interested in coming on the journey with us?

The offer

As a Volume & False Positive Analyst in Sanctions Screening Management (SSM), Group Financial Crime Prevention (GFCP) your role involves analysing the outputs of production screening, simulating the impact of changes to screening inputs and securing prevention of repetitive non-value add false positives from being presented for investigation. In Screening we compare lists to transactions or records of relationships – on occasions we generate matches which do not add value in managing sanctions risks because they do not relate to the listed sanctions concern (in part due to methods of matching & in part due to common names) these are false positives. You will support our by conducting qualitative & quantitative analysis of high hitting records to identify patterns which indicate false positives, you will help to write rules which enable us to prevent the generation of these patterns of false positives where this does not create undue risk of not identifying true matches, you will help secure good governance around the process including testing the rules & documentation. Through analysis you will help to ensure the sanctions screening risk management controls are operating optimally, your role contributes to keeping Nordea, its customers & society safer.

You will be part of the Screening Management capability, we are focused on securing the best possible screening outcomes. We are passionate, professional & focused on doing the right thing. You will working alongside team members, located in Denmark, Estonia, Finland, Poland & Sweden.

What you'll be doing:

• Supporting analysis of sanctions screening matches generated against transactions & relationship records to identify patterns pertaining to false positives
• Analysing opportunities to reduce false positive matches through risk-based whitelisting
• Creatingrisk-based rules within the screening system which relate identified false positive patterns, supported by documentation explaining the basis & the risk based approach
• Conducting testing to ensure developed rules are functioning as desired, stopping the target false positive population from generating matches for investigation & not having undesirable outcomes in screening (e.g. creating undue risk)
• Conducting four eyes review of rules created by others & submit rules for four eyes review
• Seeking approval of rules ahead of implementation & present into forums as required
• Validatingthe efficacy of implemented rules with information from real life screening, reacting if necessary to make changes to rule logic, documentation & approvals
• Conducting trigger based (e.g. changes to list entry) or cyclical (e.g. annual) reviews of rules in production to ensure they are still value add (e.g. removing false positives) & risk based (not creating undue risk)
• Following processes, alongside helping to conduct updates & changes to keep documented process governance up to date, relevant & compliant

Who you are

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

To build a successful career with us, you'll work well with others & always act with the customer's needs in mind. You love learning & trying new things, & you're excited about bringing your ideas to the table. You're honest & dependable, willing to speak up even when it's difficult, & committed to empowering others. You're passionate about doing a great job. This is a position that offers real career growth possibilities.

You:

• Are a driven & high performing individual willing to learn & develop further
• Are able to work in a fast changing environment & capably respond to ambiguity
• Are structured, result-oriented & act as a role model for others. You have experience of building strong stakeholder relationships to support your work
• Are comfortable driving your work both independently & as part of a team
• Can work on the boundary between business & IT with an ability to conceptually understand business needs & secure their application through technology

You are located in Tallinn, Warsaw or Helsinki.

Your background will include:

• Strong analytical skills & structured problem solving
• Experience planning & executing complex tasks independently & as part of a team
• Experience in data base extraction & data manipulation (SQL/ R or VBA)
• Working in a complex & international environment & presenting to senior stakeholders
• Strong English language communication skills (oral & written)
• Developing your own capability
• Bachelor's Degree or significant equivalent experience

Your background including the following would be advantageous:

• Experience in a regulated environment with a need for high explainability
• Experience in making risk-based quantitative and/or qualitative decisions
• Experience working with logical statements (design, build & test)
• Experience in forming processes with complex hand offs, analysng risks & control points
• International Compliance Association (ICA) Certification (sanctions focused) or Association of Certified Sanctions Specialists (ACSS) Certification or a relevant Master's Degree

If this sounds like you, we look forward to receiving your application

Next steps

Submit your application no later than 12/06/2024.

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.

For candidates in Finland only - A security clearance will be performed for the person selected for this position.

For candidates in Poland only - Please include permit for processing personal data in CV as following:

In accordance with art 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, 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: .

We reserve the right to reply only to selected applications.