Job Title: Associate General Counsel, Sanctions & Screening
Job Responsibilities:
- Manage the Legal Sanctions & Screening team, providing complex sanctions legal advice to all businesses, ranging from macro themes to transaction-specific sanctions advice relevant to global sanctions regimes.
- Work directly with businesses to develop an in-depth understanding of business activities and products.
- Provide legal counsel to management and senior leaders of other infrastructure functions to develop and implement risk management programs.
- Provide guidance on legal matters to assist with risk assessments, planning, and policy decisions, and develop risk mitigation strategies.
- Serve as a subject matter expert on trade and economic sanctions laws and regulations, including providing legal advice to ensure compliance with US, UK, and EU regimes, and drafting and reviewing sanctions-related contractual provisions.
- Assess and advise on potential regulatory issues and reporting requirements.
- Monitor relevant legal and regulatory developments and identify potential risks.
- Engage and manage relationships with external counsel.
- Lead a team actively managing legal, regulatory, and reputational risk issues and work with business units and legal billing group to manage external legal counsel engagements and related costs and expenses.
- Direct engagement with senior Business Leaders across all Business Divisions providing a trusted source of sanctions legal advice.
- Engage with global regulators and industry bodies on sanctions-specific topics advocating for the company and protecting the company brand.
Education and Experience Information:
- Between 10-15 years of prior experience within sanctions legal advisory or compliance in a global financial institution or equivalent, preferably across multiple regimes.
- Recognized financial crime thought leader with deep subject matter expertise and experience interpreting global sanctions regulations.
- Extensive relevant experience at a well-respected law firm and/or multinational organization.
- Member in good standing of the New York Bar.
- Ability to identify and appropriately weigh risk and reputational and commercial issues in solving sophisticated legal problems.
Skills That Will Help You Excel:
- Excellent oral and written communication skills with senior management and regulators.
- Experience with drafting and presenting complex matters in an understandable format to senior management and regulators.
- Experience working and leading a global team.
- Ability to objectively evaluate options taking into account multiple sanctions regimes.
- Broad understanding of banking products through experience providing legal support.
Salary Information:
The salary range for this position in New York City is $295,000 to $400,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location, and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
