VP OFAC US Sanctions Deputy

New York, NY | Direct Hire

Post Date: 08/24/2017 Job ID: 11996 Industry: Compliance Specialist, OFAC Analyst, OFAC Manager
Chat with me now! - https://flashrecruit.com/jobs/183896


VP OFAC US Sanctions Deputy

(located in Manhattan)

Take the role of managing sanctions program and governance activities with Sanctions Head, interpreting and ensuring proper application of sanctions changes cross enterprise wide.

Job Duties:

1. Mange sanctions program and governance activities:
o Under Sanctions Head, oversee five teams under US Sanctions Program Office regarding their work quality, daily routine, operational quality and work improvement.
o Identify potential issue and communicate with management, Chief BSA Officer, Sanctions Head; Provide solutions and proposals if necessary.
o Provide instructions for OFAC team to determine true match OFAC Alert related to wire transfers, confirmed cases investigation, and OFAC false hits reduction; Ensure the team is on-call after working hours to make OFAC sanctions investigated in a timely manner.
o Keep the team up to date on OFAC updates and recent actions.
o Ensure the team maintains a correspondence with OFAC for sanctions guidance.
o Ensure Voluntary Disclosures for OFAC is written when other banks do OFAC Rejects or Blocks against our company.
o Ensure OFAC risk management advisory and complex investigations are conducted properly.
2. Reports to Superiors:
o Communicate with management, Chief BSA Officer, Head of Legal & Compliance Department, Deputy Head of Legal & Compliance Department from time to time regarding OFAC sanction and compliance work.
o Work actively on how to enhance OFAC work in order to comply with regulatory requirements;
o Propose new methodologies when necessary.

Requirements:
More than 9 years banking industry and BSA/AML & OFAC internal control. CAMS preferred
General Skills:
Business acumen; communication skill, creative problem solving skill; leadership and management skill; analytical skill; writing skill; technical skill; project management skill; relationship management skill; team work; planning and organizing skill; coaching skill.
General Knowledge:
Knowledge of Sanction policy and OFAC, knowledge of U.S. Banking regulations and compliance practices, as well as knowledge of compliance risk management, and Risk Governance Framework.
Specialty Knowledge:
Knowledge of U.S. Banking regulations and compliance practice with strong emphasis on all aspects of BSA, AML and OFAC. Comprehensive knowledge of BSA/AML and OFAC related
regulations and ability to implement the banks policies and procedures.


Chat with me now! - https://flashrecruit.com/jobs/183896

Franca Diona
VP

Franca Diona has over 15 years of recruitment experience. She is a graduate of Iona College with a Bachelor of Arts specializing in public relations. She started her career in the music business working for major radio stations in the tri-state area. She furthered her career promoting the world-renowned musician Debbie Gibson. She utilized her skills expanding into the financial industry as a recruiter. Being a part of Adams Consulting Group has allowed Franca to broaden her craft by setting goals and striving to achieve them. She remains energetic and enthusiastic about getting the job done at ACG.

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