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SCS – Sanctions Compliance Specialist

Gain the latest practical knowledge of Global Sanctions Compliance and enhance the level of protection provided by your name-screening systems.

Our study guide for this certificate defines the compliance controls of three distinct pillars: Processes, Systems, and Reports. It also discusses the most important sanctions regulations issued by the UN, EU, and OFAC.

Additionally, our program teaches you how to deal with sanctioned or high-risk countries, providing you with advice on sanctions systems, understanding violation reports, interpreting the results, and much more.
 

Program Price USD 499 covers:

One-year membership, access to the candidate portal where you can download the program study guide, undertake the practice questions, Schedule your online proctored exam. and E-Certificate and verifiable digital badge when you pass the assessment, GCI also offers one exam retake for free.

Enroll today to become a Certified Sanctions Compliance Specialist (SCS).

Understanding sanctions

  • What are Sanctions, and why it’s important to comply?
  • Know how to protect your institution from dealing with embargoed individuals or entities
  • Understand the best practices for sanctions compliance controls

 

Processes

  • Determine how much your institution is vulnerable to sanctions risks
  • Learn the modern methodologies that increase the efficiency and effectiveness of your program
  • Account Opening
  • Banking Authenticated Messages
  • Other Products and Services
  • Dealing with High-Risk Countries

 

Systems

  • Computer Assisted Audit Techniques (CAATs) 
  • System Internal Lists
  • General Sanctions Software Highlights 
  • Name Screening Algorithms and Reducing The Number of False Hits  

 

Reporting

  • Violation Report - Structure
  • Violation Report - Interpreting the Results
  • Interpreting Bank Authenticated Messages Report
  • Helping you to make the right decision regarding accepting or rejecting a transaction

 

The International Context

  • United Nations Sanctions
  • EU Sanctions
  • United States Initiatives
  • Have a solid understanding of the most important country sanctions

 

And Much More

Sanctions Compliance officers and managers, in addition to transfers and trade finance staff in the following industries:

  • Banking Industry
  • Insurance and reinsurance Companies
  • Brokerage agencies
  • Leasing and Microfinance Companies
  • Lending Firms
  • Exchange Houses and Money Service Business

 

Workers in the supervisory authorities e.g:

  • Central Banks
  • Financial Sector Regulatory Authorities
  • Financial Intelligence Units FIUs
  • Related Ministries and government bodies
  • More

 

Workers at the (IT solution firms) who provide sanctions and name screening systems.

 

 

  •  Exam Duration: 60 Minutes
  •  # of Questions: 50
  •  Type of Question: Multiple Choice
  •  Pass Mark: 75/100

 

The result appears directly once you submit your answers

Digital Badge and an e-certificate will be issued instantly and sent to your email address. You can also ask GCI to send it to your employer at any time.

 

Candidates have two options to register in any of the GCI programs:

 

Option 1: Self-Study. Take the online proctored exams at home

GCI’s examination process is set to the highest standards. Our students gain access to our easy-to-navigate online portal, where they can download their certificate study guide (e-book) in their selected language. undertake the practice questions as much as needed.

Once the candidate is ready to sit the assessment, they can schedule their online proctored exam with a click of a button through their membership area and undertake the exam any time and anywhere. Our assessment platform is usually available 24/7.

 

Option 2: Instructor-led program by a GCI-accredited trainer or training centre.

GCI could arrange an instructor-led program for groups (10+ participants), whether virtually or in person (as available), by our faculty members and our accredited training centres around the globe.

Reach out to us today to see how we can advance your career / get your staff the practical training experience they are looking for.

  • English
  • Arabic
  • Turkish
  • French
  • Chinese Simplified (2022)
  • Spanish (2022)
  • (One Year’s Membership included)
    $499.00