Global Financial Crimes: Sanctions Vice President

We are seeking someone to join our team as a Global Financial Crimes (GFC):
Sanctions Compliance Coverage Officer. In the Legal & Compliance division, we assist the Firm in achieving its business objectives by facilitating and overseeing the Firm's management of legal, regulatory and franchise risk. This is a Vice President level position within the Sanctions Compliance team, where you will be responsible for compliance and regulatory matters pertaining to economic sanctions programs under the Firm's Global Sanctions Policy.

In Global Financial Crimes (GFC), you will play a critical role in identifying potentially suspicious activity, protecting vulnerable individuals, and safeguarding the integrity of the financial system. GFC coordinates day-to-day implementation of the Firm's financial crime prevention efforts, including governance, oversight, and execution of the Firm's Anti-Money Laundering (AML), Sanctions, Anti-Corruption, and Government and Political Activities Compliance programs.

• Be responsible for compliance and regulatory matters pertaining to economic sanctions programs adhered to under the Firm's Global Sanctions Policy, including the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), His Majesty's Treasury of the United Kingdom's Office of Financial Sanctions Implementation (OFSI), the United Nations Security Council (UNSC), and the Council of the European Union (EU Council).
• Assist in the ongoing development, administration, and implementation of the Firm's economic sanctions compliance program.
• Review and investigate escalated payments and/or transactions identified for potential matches to sanctions lists; ensure prompt handling and response.
• Address sanctions related queries from first line risk, business, and operations groups with respect to sanctioned products and related risks.
• Work with GFC business advisory and legal teams, provide written and verbal communication on issues to the lines of business, performing and reviewing highly sensitive client and transaction search information, reporting, escalating and documenting results.
• Draft, maintain and implement economic sanctions policies and procedures, where appropriate.
• Maintain awareness of regulatory changes related to economic sanctions, ensuring proper communication and timely implementation of new procedures and/or enhanced due diligence programs in compliance with any change in laws and regulations.
• Develop, recommend, and implement risk-based processes and controls to ensure business unit compliance with economic sanction, especially emerging regimes, and programs.
• Develop content for and deliver specialized training to relevant internal audiences concerning economic sanctions for both in-person and Firm-wide online training modules.
• Coordinate with the Risk Assessment team on the yearly economic sanctions Risk Assessment.
• Conduct ad hoc due diligence projects arising from the administration of the economic sanctions program.
• Assist with responding to regulatory exams and inquiries and internal audits, including overseeing document productions.
• Collect, interpret, and elevate metrics and other management information regarding sanctions compliance-related events.

• Strong academic credentials;
  Bachelor's degree required.
• At least 7 years' relevant experience would generally be expected to find the skills required for this role, preferably at a large/complex financial institution, law firm, or government/regulatory body.
• Detailed understanding of the laws, rules, regulations, and industry best practice pertaining to economic sanctions, in particular the sanctions programs administered and enforced across EMEA and by OFAC.
• Experience in configuration of client and transactional screening technologies and management of alert disposition processes.
• Strong project management skills.
• Ability to understand and assess a wide variety of complex commercial transactions.
• Highly motivated self-starter able to work independently while collaborating and coordinating as part of a global program.
• Strong analytical and problem-solving skills and the ability to provide…