Banking/Attorney/In House/New York City, New York Counsel Jobs in New_York - 57327 | Submit Resume | General Counsel Consulting
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Banking/Attorney/In House/New York City, New York
Refer job# ATEA57327
 
Compliance Officer- Sanctions Regulatory Duties: Provide advice to lines of business on sanctions regulations and policy, including disposition of global escalation of OFAC matches identified in transactional/static databases in connection with a wide gamut of banking activities. Review and approve weekly regulatory block/reject reporting and assist with the Annual Report of Blocked Property for submission to OFAC. Conduct investigations and analysis in support of OFAC subpoenas and related inquiries and voluntary disclosures to OFAC, including remediation tracking and partnering with other internal units such as the Financial Intelligence Unit, Global Investigations Unit, AML Advisory, and Regional Sanctions Officers. Support the Head of Sanctions Regulatory unit with the preparation and filing of license applications and with issuance of global, enterprise-wide communications (OFAC sanctions list updates, program updates, enforcement actions, and other guidance documents). Draft and edit sanctions-related reference materials; support the various electronic record-keeping logs for sanctions licenses, voluntary disclosures; subpoenas etc.; participate in sanctions training programs. Participate, as needed, in annual Enterprise-Wide OFAC Risk Assessment (EWORA) activities.

Qualifications: Bachelor's Degree required, Masters/J.D. is preferred. 5+ Years of work experience in an international financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof; at least 2-3 years years experience working in control function (compliance, audit, risk) or higher OFAC risk product (treasury/cash management, trade, correspondent banking) roles. Solid understanding and working knowledge of sanctions compliance and OFAC sanctions programs. Strong knowledge of banking products/services and operational processes. Proficiency in MS Excel (e.g., pivot tables, formulas) and PowerPoint. Ref. 14046654
 
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