Sanctions Compliance Consultant
Remote | Beijing
- Organization: AIIB - Asian Infrastructure Investment Bank
- Location: Remote | Beijing
- Grade: ["consultant"]
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Occupational Groups:
- Legal - Broad
- Ombudsman and Ethics
- Closing Date: 2025-09-27
Sanctions Compliance Consultant
Sanctions Compliance Consultant
Application close date
09/27/2025
1. Project Background
The Asian Infrastructure Investment Bank (AIIB or the Bank) is a Multilateral Development Bank (MDB) whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. The Bank is established by the AIIB Articles of Agreement (entered into force on Dec. 25, 2015), a multilateral treaty, the parties to which comprise the membership of the Bank. The AIIB Articles of Agreement have been registered with the United Nations Secretariat in accordance with Article 102 of the Charter of the United Nations (UN). The Bank is committed to ensuring compliance with all applicable sanctions regulations and guidelines. This project aims to enhance the sanctions compliance framework by conducting thorough screenings on counterparties of the Bank’s IO, TRE, and FAS corporate procurement businesses, within the scope of Know Your Counterparty (KYC), to identify any potential sanctions nexus.
2. Objectives of the Assignment
The primary objective of this assignment is to support the RMD Compliance & Operational Risk team in ensuring that the Bank adheres to all applicable sanctions regulations by implementing effective sanctions compliance programs. The consultant will assist the KYC team in identifying and mitigating any potential sanctions risks associated with counterparties.
3. Scope of Services
The sanctions compliance consultant will: • Conduct comprehensive sanctions screenings of counterparties and the connected parties. • Dispose the hits on the back of screening to identify and escalate any true sanctions nexus subject to the Bank’s sanctions compliance program. • Analyze the sanctions designations and underlying restrictions as applicable to AIIB. • Collaborate with relevant business units to address the identified sanctions exposure and close out necessary risk mitigants. • Assist in the investigation and resolution of sanctions-related incidents if any.
3. Scope of Services (Continued)
(No Value)
4. Consultancy Output / Deliverables
• Detailed reports on sanctions screenings of counterparties and the connected parties. • Incident investigation reports and recommended risk mitigants.
4. Consultancy Output / Deliverables (Continued)
(No Value)
5. Implementation Arrangement
The consultant will be primarily based at the Bank's HQ. When working remotely, the consultant is responsible for their own equipment and ensure availability for any meetings.
5. Implementation Arrangement (Continued)
(No Value)
6. Support to the Consultant by the Bank
• The consultant will work closely with the Compliance and Operational Risk (COR) team in RMD, and in close collaboration with relevant stakeholders to ensure the successful completion of the sanctions screening. • Regular meetings and progress updates will be conducted to monitor the progress. • The Bank will provide the necessary resources and support to the consultant, including access to relevant data, tools, and systems required for conducting sanctions screenings and compliance activities.
7. Knowledge Transfer and Training
Knowledge transfer shall include documentation setting out the approach that was adopted to conduct the sanctions screening along with the associated deliverables.
Qualification Requirement
• Bachelor’s degree in law, Business, Finance, or a related field. • Minimum of 8 years of experience in sanctions compliance or a related area. • Strong knowledge of international sanctions regulations and guidelines. • Excellent analytical and problem-solving skills. • Strong communication and interpersonal skills. • Ability to work independently and as part of a team. • Professional certification in compliance (e.g., CAMS, CFE) is a plus.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.