Director, Sanctions Operations Transformation

BNY; London; Hybrid; GBP 100,000 - 150,000; Full time

Job summary

A leading global financial services company is seeking a Director of Sanctions Operations Transformation in London. You will lead a global team to enhance sanctions screening processes and ensure compliance, contributing to the overall strategy of the organization. This role demands over 15 years of experience and the ability to manage significant projects effectively.

Benefits

Competitive compensation

Flexible global resources

Generous paid leaves

Access to wellbeing programs

Qualifications

• 15+ years of relevant experience with people management and leadership experience.
• Proven ability to manage impactful projects to improve sanctions screening.
• Willingness to pursue applicable local/regional licenses or certifications.

Responsibilities

• Lead global operations transformation for sanctions screening.
• Drive best-in-class sanctions screening infrastructure.
• Recruit, motivate, and develop staff, maximizing their contributions.

Skills

Subject Matter Expertise in Sanctions Screening

Analytical ability

Data-led decision making

Effective communication

Job description

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Director, Sanctions Operations Transformation

Job description

Job Description

Director, Sanctions Operations Transformation

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We're seeking a future team member for the role of Director, Sanctions Operations Transformation to join our GLOBAL SANCTIONS OPERATIONS team. This role is located in London, UK - HYBRID.

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

• Lead and build a global team that prides on owning & managing operations transformation for sanctions screening while maintaining / enhancing a pristine control environment
• Own and manage the execution of the global sanctions operations transformation book of work to deliver on set objectives
• Drive best in class sanctions screening infrastructure which enables execution of processes related to disposition of potential matches in a timely and accurate manner through automation including use of Artificial Intelligence
• Analyze thematic trends to continuously identify opportunities to improve efficiency, client experience, operational resilience while always ensuring the management of compliance risk
• Ensure all transactional messages (such as payments / securities / trade finance) received via SWIFT (or any other means), all static data / reference data fields in various applications are screened in accordance with policies, procedures, and in compliance with laws and regulations
• Monitor and publish KRIs and KPIs periodically, identify causes for deviation from targets and proactively work on continuous improvement to achieve / improve upon the targets
• Track budgets and expenses to ensure financial discipline.
• Review staffing levels on an ongoing basis to ensure appropriate capacity is available to deliver against all objectives
• Recruit, motivate and develop staff, maximizing their individual contribution, professional growth and ability to function effectively as a team
• Empower teams by setting expectations on ownership, accountability and need to be agile, proactive
• Interface with multiple functional areas (Global Sanctions Compliance, Engineering / Technology, Internal Audit, Platform Leads), regional & global stakeholders, external clients (as may be applicable) to enable progress
• Assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation, safeguarding its clients and assets, compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgement regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

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

• 15+ years of relevant working experience (preferably in related roles) with people management and leadership experience
• Subject Matter Expertise in Sanctions Screening domain and associated regulations
• Understanding of financial message formats and data quality to be able to recommend the ideal solutions
• Proven ability to manage impactful projects to improve sanctions screening.
• Understanding of sanctions screening filters, list management and rules would be an added advantage
• Exhibit effective communication with key stakeholders by exercising good judgment. Multi-tasking.
• Willing to pursue applicable local/regional licenses or certifications as required by the business
• Proven ability to build strong business relationships with a proactive approach to problem solving, taking ownership of issues and having the determination to follow through.
• Analytical ability, data-led decision making skills

At BNY, our culture speaks for itself. Here's a few of our awards:

• America's Most Innovative Companies, Fortune, 2024
• World's Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion , Disability: IN - 100% score, 2023-2024
• "Most Just Companies", Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg's Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY's HEART Network Receives Global ERG/BRG Impact Award as Firm Maintains Top Disability Equality Index Score

Sanaya's Journey in Investment Management at BNY

Paula's Path in Technology and Finance at BNY

BNY Recognised for Championing a Culture of Inclusion

BNY named one of the most admired companies in the world by FORTUNE magazine

Sales & Business Development
United Kingdom