Compliance, FCC - Government Sanctions, Associate

Global Compliance

Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture of compliance. Compliance accomplishes these through the firm's enterprise-wide compliance risk management program. As an independent control function and part of the firm's second line of defense, Compliance assesses the firm's compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm's responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.

Financial Crime Control - Government Sanctions Group

The Government Sanctions Group ("GSG") within FCC is seeking an Associate to support the team's US regulatory reporting framework. GSG ensures the Firm's compliance with sanctions programs administered by the US Department of the Treasury's Office of Foreign Assets Control (OFAC), the UK's His Majesty's Treasury's Office of Financial Sanctions Implementation (OFSI), the European Union, and other relevant sanctions authorities globally.

Reporting to a GSG team manager in Salt Lake City, UT, the Associate will serve as a subject matter expert on government sanctions regulations, and manage the day-to-day execution of the team's regulatory reporting requirements to OFAC including, but not limited to

• Conducting comprehensive searches of Firmwide systems to identify assets in which a sanctioned entity has a present, future, or contingent interest
• Analyzing potential exposure to sanctioned entities
• Working under the supervision of experienced Sanctions Vice Presidents, liaise with the business, operations, and engineering divisions to collect information relevant to potential sanctions concerns and provide sanctions-related advice to internal constituencies
• Implementing commensurate control frameworks
• Aggregating data and evidence, and preparing reports to regulators

The ideal candidate would have one to two years of previous sanctions experience, proven time management skills, a strong attention to detail, written and oral communication skills, investigative skills, and the ability to collaborate within a team. The employee will assist in the identification of sanctions risk across the Firm's lines of business and work with regional Compliance, Operations, and Engineering teams to administer and provide oversight of risk mitigation processes.

Basic Qualifications

• Bachelor's degree
• Sanctions-related experience in the financial services industry or relevant government agency/regulator
• Strong written and oral communication skills
• Ability to handle multiple priority projects at once and deliver consistently high-quality results
• Ability to be a self-starter and to ensure projects are followed through to completion
• Strong proficiency with Microsoft suite, and an aptitude for learning new systems and applications
• Team-oriented
  
  

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