Director, Economic and Trade Sanctions, Export Controls Practice

Director, Economic and Trade Sanctions, Export Controls Practice

ADP is hiring a Director, Economic and Trade Sanctions, Export Controls Practice

The Director, Economic and Trade Sanctions, Export Controls Practice will support the Senior Director, AML practice, Export Controls and Economic and Trade Sanctions in designing an innovative and effective Economic and Trade Sanctions compliance program. We will develop and maintain related policies and procedures. Primary responsibilities include:

• Maintaining an effective, sustainable compliance program that complies with the USA PATRIOT Act, OFAC and other applicable international export controls and economic and trade sanctions regulations.
• Identifying emerging compliance issues and recommending measures to mitigate risk exposure.
• Maintaining and promoting compliance across domestic and international business operations by performing risk assessments and quality assurance reviews.
• Providing periodic reporting to the Senior Director, AML practice, Export Controls and Economic and Trade Sanctions.
• Overseeing and maintaining Global Economic and Trade Sanctions and Export Controls Programs in line with domestic and international requirements, expectations, and guidance; as well as relevant industry best practices.
• Providing oversight and guidance relating to the execution of key Trade compliance functions, and training.
• Overseeing Economic and Trade Sanctions and Export Controls compliance initiatives—including evaluating and driving compliance behaviors across domestic and international jurisdictions.
• Evaluating and monitoring the Economic and Trade Sanctions and Export Controls risks associated with a complex portfolio of clients and products across domestic and international business operations and designing and recommending appropriate policies, procedures, and controls to mitigate risk exposure.
• Assessing and supporting new product developments and initiatives while ensuring sustained compliance with Economic and Trade Sanctions and Export Controls requirements.
• In coordination with the Senior Director, AML practice, Export Controls and Economic and Trade Sanctions, acting as a liaison with regulators regarding sanctions matters.
• Acting as the point of contact for internal (audit) and external program reviews, assessments, and examinations.
• Overseeing the timely and proper remediation of audit findings, if any.
• Preparing periodic reports for the audit committee of the board of directors and senior management around economic and trade sanctions and export controls program compliance.
• Identifying and tracking necessary KPIs to support tactical and strategic initiatives.
• Monitoring relevant export controls and economic and trade sanctions compliance developments, maintaining advanced knowledge of new and amended laws and regulations impacting the business, and ensuring the compliance program incorporates evolving requirements and expectations in collaboration with the Senior Director, AML practice, Export Controls and Economic and Trade Sanctions.
• Managing effective communication and training across all levels of the organization to support a strong economic and trade sanctions and export controls compliance culture across domestic and international operations.
• Understanding and participating in other compliance and enterprise initiatives that may impact and/or benefit the success of the financial crimes compliance program.
• In cooperation with the financial crimes compliance operation teams, driving the development and implementation of new and modified processes—including systems and technology enhancements—to maintain compliance with financial crimes compliance initiatives, including trade sanctions/export controls requirements.
• Enhancing and overseeing financial crimes compliance testing and quality assurance functions (domestic and international).

We are open to the following locations:
Norfolk, VA;
Augusta, GA; and Roseland, NJ. We are working in a hybrid environment, working in the office three days a week with the flexibility of working from home the other two days.

Qualifications Required

• 5+ years of related experience in a large company or professional…