Director, Sanctions Operations

Job Description

Director, Sanctions Operations

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.

We’re seeking a future team member for the role of Director, Sanctions Operations to join our GLOBAL SANCTIONS OPERATIONS team. This role is located in CHENNAI, TN OR PUNE, MH – HYBRID.

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

• Enable best in class execution of disposition of potential matches in a timely and accurate manner. Ensure Screening of payments/ all types of SWIFT messages / static data 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
  
  

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

• 18+ years of relevant working experience (preferably in related roles) with people management and leadership experience
• Subject Matter Expertise in Sanctions Screening domain and associated regulations
• Proven ability to manage impactful projects to improve sanctions screening.
• 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
  
  

At BNY, our culture speaks for itself. Here’s a few of our awards:

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023
  
  

Our Benefits And Rewards

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.