Manager, Sanctions Risk Assessment & Program Oversight

What is the opportunity?

The Global Economic Sanctions (GES) team is a unique function within the Financial Crimes that provides support to Global AML Compliance teams and Business Units at an enterprise level for Canadian, US, UK, EU/Europe, APAC and Caribbean economic sanctions.

What will you do?

Act as a subject matter expert at the enterprise level for Canadian, US, UK, EU and global economic sanctions. Complete sanctions Inherent Risk and Control Assessments (IRCA) accurately within specific time frames, with sanctions rating adequately reflecting the control environment. Prepare sanctions risk assessment executive summary report and detailed report. Review large amount of quantitative data which feeds into the IRCA to calculate quantitative risk rating, verify the data mapping and aggregation, visualize the data and key findings, and automate the end-to-end IRCA process where applicable. Conduct quality assurance review on qualitative risk questionnaire and control questionnaire to provide 2nd line challenges on the appropriateness of risk rating and the adequacy and effectiveness of the controls; Complete Sanctions Product & Service Risk Assessment, and assign Sanctions product risk ratings with stakeholders concurrence. Assess and review sanctions policies and procedures developed by global business units and/or local compliance teams; review and recommend amendments to the enterprise sanctions policy and standards based on knowledge of the global sanctions environment. Assist in audit, testing or regulatory exams related to sanctions. Assist in tracking and closing sanctions-related issues. Develop and update sanctions related training. Produce sanctions dashboard and management reporting on sanctions compliance program. Complete other ad-hoc assignments supporting GES program oversight team.

What do you need to succeed?

Must-have

• 2+ years proven Financial Industry Compliance or legal Experience (the latter in-house or external).
• University Degree in law, finance/business, or engineering.
• Strong data manipulation, analysis and validation skills, including high proficiency in Microsoft Excel (e.g. pivot table, complex formula, VBA etc.)
• Strong skills in Microsoft PowerPoint (e.g. creating charts/graphs for executive reporting etc.)
• Ability to conduct research, as well as analyze and understand large volume of sanctions requirements or regulations.
• Ability to thrive in a high-pace and high-pressure working environment.

Nice-to-have

• Canadian or international legal training with an undergraduate or graduate degree in law.
• Lawyer or Management Consultant with experience in Regulatory Compliance, AML or economic sanctions.
• Previous sanctions compliance experience in Financial Institution.
• Called to the Bar in Canada or in local jurisdiction (for foreign-trained lawyer).
• Master of Business Administration.
• CAMS, CSS or equivalent certification.
• Proficiency in coding (e.g. Python Pandas).
• Data visualization experience (e.g. Tableau Desktop).

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above