Description:
Major Duties: Advises business partners, including senior management, on Global Economic Sanctions Compliance programs and applicable laws, regulations, rules and standards, including keeping them informed of developments or changes that may affect their area. The ideal candidate will:
- Participate in developing the Sanctions Compliance Program and act as a contact point within the bank for inquiries from clients and internal business partners.
- Participate in establishing written guidance on the appropriate implementation of Sanctions Compliance programs and laws, regulations, rules and standards, through policies and procedures and other documents, such as practice guidelines.
- Create and present training material focused on Sanctions Compliance for business partners throughout the bank.
- Identify, measure, and document Sanctions Compliance risk to enhance Sanctions Compliance risk assessments and assess the appropriateness of the company's Sanctions Compliance procedures and guidelines.
- Identify situations which may pose significant Sanctions Compliance risk and guide management in developing policies and/or procedures that minimize risk.
- Interact with business partners, regulators, and internal and external auditors on regulatory topics.
- Operates independently; has in-depth knowledge of Compliance risk avoidance.
- Serves as a subject matter expert or other resource within a group for regulatory Compliance matters.
- Provide mentorship of junior level employees and review the work of others.