Hybrid Vice President – Transactional Sanctions Screening

at BNY

• Job title: Vice President – Transactional Sanctions Screening
• Job type: Full Time
• Experience level: Lead
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Pittsburgh, United States

About the role

• Vice President managing transactional sanctions screening at BNY, a global financial services company. Leading a team to ensure compliance with laws and regulations while improving operational efficiency.

Responsibilities

• Enable best in class execution of disposition of potential matches relating to transactional screening in a timely and accurate manner.
• Ensure dispositions & investigations are in accordance with policies, procedures, and in compliance with laws and regulations.
• Lead / build a global team that prides on owning & managing operations - drive pristine controls.
• Review environment, volume trends and staffing levers to ensure the appropriate capacity is available.
• Publish periodic KPI, tracking reasons for deviation from agreed levels and proactively working on continuous improvements.
• Track budgets and expenses to ensure financial discipline.
• Seek opportunities to improve efficiency, client experience, operational resilience and hence managing compliance risk appropriately.
• Always working to learn and improve based on thematic trends.
• Recruit, motivate and develop staff, maximizing their individual contribution, their professional growth and their ability to function effectively as a team.
• Support team by setting expectations on ownership, accountability and being agile, proactive.
• Interface with multiple functional areas (Internal Audit/Compliance /Quality Assurance/Engineering), Regional & global stakeholders, external clients to enable collaboration & progress.
• Own and deliver assigned projects / deliverables with due diligence including technology changes impacting delivery.
• 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.

Requirements

• Bachelors degree or the equivalent combination of education and experience is required.
• 5-7 years of total work experience and 0-1 years of management experience in financial services preferred.
• Prior Sanctions Operations leadership experience highly preferred.
• Knowledge of on disposition transactional screening alerts including investigations.
• Proven ability to manage impactful projects to improve screening efficacy.
• Understanding of sanctions screening filters, lists 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.

Benefits

• 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.