About the role

AI summarised

The VP, Sanctions Compliance Officer is a senior role at a global bank responsible for overseeing the sanctions compliance program. The officer will lead a team, conduct risk assessments, and ensure adherence to global sanctions regulations.

BusinessFull-timeGeneral

Key Responsibilities

Lead and manage the sanctions compliance team, providing guidance and oversight.
Develop, implement, and maintain sanctions compliance policies and procedures.
Conduct sanctions risk assessments and ensure appropriate controls are in place.
Review and investigate sanctions alerts and escalations, making determinations on potential violations.
Provide advisory support to business units on sanctions-related matters.
Monitor regulatory developments and update the sanctions program accordingly.
Prepare and present sanctions compliance reports to senior management and regulators.
Coordinate with other compliance functions (AML, KYC) to ensure integrated risk management.

Requirements

Minimum 10 years of experience in sanctions compliance or related field within the financial services industry.
In-depth knowledge of global sanctions regimes (OFAC, EU, UN, etc.).
Strong understanding of banking products and services.
Proven leadership and team management experience.
Excellent analytical and problem-solving skills.
Strong communication and interpersonal skills.
Ability to work effectively in a fast-paced, regulatory-driven environment.
Bachelor's degree in Law, Finance, Business, or related field; advanced degree preferred.
CAMS certification preferred.
Experience with sanctions screening systems and tools.