Sr Vice President, Sanctions Compliance Advisory and Governance at Jobisite / employment-usa.net

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Sr Vice President, Sanctions Compliance Advisory and Governance

at Jobisite in New York

Who we are:

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of March 31, 2020, BNY Mellon had $41.7 trillion in assets under custody and/or administration, and $2.2 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Role description and opportunities:

Risk and Compliance provide risk and compliance services across all BNY Mellon 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 Mellon's businesses maintain appropriate processes to comply with applicable laws, regulations, BNY Mellon 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 in EMEA, assisting the business through regulatory requirements, best practices and regulatory relationships.

Responsibilities:

Responsible for provision of sanctions subject matter support and guidance to the Bank's business lines and transformation programs, as required
Provision of support to sanctions regulatory requirements
Interact with the Office of Foreign Assets Control and other related parties
Participate in various governance committees
Accountable for supporting the Bank in making informed decisions and judgments about any sanctions-related legal, regulatory, or reputation risks
Act as a point of escalation for sanctions related queries, incidents, and potential breaches
Proactively develop initiatives to better manage sanctions risk for the Bank
Support the business in enhancing organizational and control structures suitable for facilitating intended transactions in a well-defined compliance environment
Responsible for development of sanctions training content and provision of guidance on specialist or high-risk training programs

A successful candidate should ideally have these qualifications:

Bachelor's degree required. Law degree preferred.
5-7 years of combined 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

BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $96,000 to $200,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
Reference : Sr Vice President, Sanctions Compliance Advisory and Governance jobs

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