Job Description

Responsible for collaborating with Chief Operating Office senior leaders, as well as other business leaders to develop strategic and financial objectives and for leading the execution of those objectives. Responsible for assessing opportunities to streamline processes and implement change via system enhancements and/or automation, as appropriate. Proactively build relationships and partner with capability teams to uncover opportunities and develop strategies to improve service. Management responsibilities and decisions likely include hiring, performance reviews, pay decisions and development. Conduct the performance management process, identify training and development needs, and establish performance standards for the Practice. Major Duties: Responsible for directing and supporting the Payments Sanctions functions Responsible for regulatory oversight for the corporation, at the corporate level of compliance policy development and/or evaluation of regulatory policies and procedures Define the Sanctions function and necessary production organization to carry out business objectives Advises partners, including senior management, on compliance with applicable laws, rules and standards, including keeping them informed on developments with business procedures and processes Oversees the development of Sanctions compliance programs that impact the corporation Proactively research and coordinate enhancements and transformation Support Business in providing thought leadership to benefit NT R esponsible for maintaining quality service with future considerations Ensure changes match industry trends and client expectations in terms of partnering with technology and service delivery Identify opportunities for continuous efficiencies, scale, and value Organize the functional work from a process and locational regulatory standpoint Provide input to Talent Decisions as related to upskilling the function from a service perspective Effectively manage change and transformation objectives Point of contact for issues specific to functions under management Coordinate operational response to complex issues Collaborate with other Practice Execs and capabilities to deliver and overall seamless operational offering Coordinate response between operational teams Liaise between BU stakeholders and operational leaders on recurring issues Stay updated on relevant laws, regulations and industry trends related to financial crimes. Monitor anomaly detection system performance and implement detection strategies to reduce false positives and increase detection rates. Knowledge : Leadership and strategic thought skills are required to determine the Enterprise sanctions goals, resources needed and to asses and develop the skills of staff Excellent oral and written communication skills are required Extensive knowledge of Sanctions processes, laws, regulations, and legislate and regulatory processes are required Requires strong leadership and forethought to lead the function globally Exceptional ability to analyze and interpret complex data sets and metrics. Experience : 20 years of industry experience and 5 years of experience into Sanctions Proven experience contributing to the development of functional/operational long-term strategy and developing annual business plans to ensure alignment Relevant proven work experience in regulatory oversight, ani-money laundering/sanctions and compliance risk management Association of Certified Anti Money Laundering Specialists (ACAMS), Certified Fraud Examiner (CFE) or similar professional certification preferred. Deep understanding of digital banking and Wealth Management, Asset Servicing and Asset Management businesses. Ability to exercise good judgment to make timely decisions, while working in a fast-paced and results-driven environment.