Sanctions VP

We’re seeking a future team member for the role of Vice President, Sanctions Investigations to join our Global Sanctions Compliance team. This role is in London (Hybrid working model).

Risk and Compliance provide risk and compliance services across all BNY businesses including the following groups: Risk Management, Compliance, Global Corporate Security, Information Risk Management and Global Business Continuity. Risk Management oversees and delivers risk services and ensures new business risks are reviewed and approved. Compliance helps ensure BNY businesses maintain appropriate processes to comply with applicable laws, regulations, BNY policies and ethics. In EMEA, Compliance is split into four pillars; Business Compliance, Compliance Testing, Anti-Financial Crime and Architecture and Governance. Business Compliance provide the second line of defense on compliance and regulatory issues for all lines of business, assisting the business through regulatory requirements, best practices and regulatory relationships.    

In this role, you’ll make an impact in the following ways:

• Review and action OFAC, OFSI and EU economic sanctions alert escalations
• Conduct investigations review, action, and approval of complete write ups of alert disposition rationale and/or requests for additional information and documentation pertinent to alert dispositions
• Collaborate with internal business partners as needed on complex transaction alerts and fact patterns, sanctions restrictions and their application depending on jurisdictional touchpoints
• Accountable for supporting the Bank in making informed decisions and judgments about any sanctions-related legal, regulatory, or reputation risks

To be successful in this role, we’re seeking the following:

• Bachelors degree or higher accreditation
• Work experience within Financial Services, Audit, and/or Compliance is required.
• Subject matter expert knowledge of Office of Foreign Assets Control regulations as well as knowledge of non-U.S. regulations related to sanctions
• Strong analytical, critical thinking, verbal, and written communication skills