Global Financial Crimes Specialist - Economic Sanctions

Global Financial Crimes Specialist - Economic Sanctions

Charlotte, North Carolina, United States;
New York, New York;
Tampa, Florida

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This job is responsible for supporting the execution of substantive money laundering, economic sanctions and fraud compliance and operational risk practices. Key responsibilities include assisting Global Financial Crimes executives and managers with activities that support the identification, escalation and timely mitigation of compliance and operational risks in alignment with the Compliance and Operational Risk Management (CORM) Program, the Financial Crimes and Global Compliance - Enterprise Policies and the Enterprise Fraud Risk Management Standards.

Global Economic Sanctions ("GES") is responsible for dedicated compliance and operational risk management of processes unique to economic sanctions. The Sanctions Risk Specialist is a function within GES that is responsible for the identification, aggregation, reporting, and escalation of sanction related risks. The Sanctions Risk Specialist is responsible for the execution of risk management responsibilities in areas such as sanctions advisory, issues management, and monitoring and testing from a sanctions compliance and risk perspective.

This role is an individual contributor within the Sanctions Technology Oversight Team. The role will provide oversight of the Sanctions tools, data inventory and end‑to‑end sanctions data testing. As GFC monitoring covers all FLUs within the bank, this role will have the opportunity to gain exposure to multiple Bank products and systems.

• Provide oversight of sanctions compliance tools used in transactions and customer screening, including tool performance monitoring
• Support governance around onboarding of new screening lists, screening list rules and list applicability across sanctions screening technology
• Collaborate on data mapping, lineage tracing, and integrity checks across sanctions screening systems
• Participate in governance around changes to sanctions compliance tools, including documentation updates, requirement gathering, and system enhancement discussions
• Monitor, test, and report on tool performance metrics and key controls
• Coordinate with compliance, technology, and operations teams to support regulatory and audit requests with sanctions screening technology
• Supports the development and maintenance of financial crimes owned policies and standards, and reviews relevant Front Line Units/Control Functions‑owned policies and standards to ensure that regulatory requirements and operational risks are appropriately addressed
• Assists in the production of independent financial crimes risk management reporting to Global Compliance & Operational Risk (GC&OR) Senior Leaders and FLU/CF Senior Leaders
• Assists in the monitoring of changes in regulations applicable to Global Financial Crimes, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed
• Contributes to risk coverage plans, executes independent risk monitoring, testing, and risk assessments
• Supports…