Global Head of Sanctions Program Management and Oversight

BNY Mellon; New York (NY); Hybrid; USD 136,000 - 300,000; Full time

Job summary

An established industry player is seeking a Global Head of Sanctions Program Management and Oversight to lead a compliance team in New York. This pivotal role involves managing sanctions alerts, developing compliance policies, and conducting risk assessments. The ideal candidate will have over a decade of experience in sanctions compliance, particularly with OFAC and EU regulations. Join a forward-thinking company that values diversity and offers a competitive salary, comprehensive benefits, and a culture that empowers you to grow and innovate.

Benefits

Flexible Work Hours

Health Benefits

Paid Leave

Wellbeing Programs

Diversity and Inclusion Initiatives

Qualifications

• 10+ years of sanctions experience, particularly with OFAC, OFSI, and EU regulations.
• Strong knowledge of banking products and transaction types.

Responsibilities

• Manage a compliance team handling sanctions alert escalations.
• Develop and oversee sanctions compliance policies and training.

Skills

Sanctions Compliance

Analytical Skills

Communication Skills

Risk Assessment

Banking Products Knowledge

Education

Bachelor's Degree

Tools

SWIFT

Payments Systems

Trade Finance

Job description

Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody, and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment, and be yourself. This is what #LifeAtBNYMellon is all about.

We're seeking a future team member for the role of Global Head of Sanctions Program Management and Oversight to join our Risk & Compliance team. This role is located in New York, New York - HYBRID.

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

1. Manage a compliance team that reviews and actions OFAC, OFSI, and EU economic sanctions alert escalations.
2. Identify, document, and escalate sanctions regulatory and/or internal control-related risks to internal governance committees.
3. Develop and oversee policies and procedures related to sanctions compliance.
4. Design and implement training programs for sanctions compliance.
5. Track and report metrics and other governance indicators.
6. Administer ESOS, SLMF, and other sanctions governance forums.
7. Manage issue resolution related to sanctions alerts.
8. Coordinate regulatory exams and audits.
9. Lead regulatory remediations and uplift initiatives.
10. Conduct risk assessments related to sanctions compliance.
11. Perform other strategy or program oversight as needed by the Global Head/FCC head.

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

The ideal candidate will manage a team of compliance professionals responsible for reviewing and providing guidance on L2 escalated economic sanctions client and transaction alerts, determining permissibility pursuant to OFAC, OFSI, and EU sanctions laws and regulations.

• Bachelor's degree or higher accreditation.
• Strong knowledge of banking products/services and transactions, including SWIFT, payments, securities, trade finance.
• Excellent analytical, critical thinking, verbal, and written communication skills.
• At least 10 years of sanctions experience, particularly in OFAC, OFSI, and EU sanctions laws and regulations.

At BNY Mellon, our inclusive culture speaks for itself. Here are some of our awards:

• Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion.
• Bloomberg's Gender Equality Index (GEI).
• Human Rights Campaign Foundation, 100% score Corporate Equality Index.
• Best Places to Work for Disability Inclusion, Disability: IN - 100% score.
• 100 Best Workplaces for Innovators, Fast Company.
• CDP's Climate Change 'A List'.

Our Benefits:

BNY Mellon 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 that can support you and your family through moments that matter.

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

Our market data assessment ensures a competitive salary package. The expected base salary for this position is between $136,500 and $300,000 per year at the start of employment. The final salary will be determined based on experience, market location, and other factors. The total compensation package may include bonuses, incentives, and benefits. This position is at-will, and the company reserves the right to modify compensation at any time based on performance and market conditions.