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AIG · 2 months ago

Director Sanctions Compliance Operations

GA-Atlanta

Full-time

Onsite

Director/Executive

8+ years exp

AIG is a global leader in commercial and personal insurance solutions, and they are seeking a Director of Sanctions Compliance Operations to oversee and enhance sanctions screening solutions. This role involves managing operational compliance, developing screening initiatives, and ensuring adherence to AIG's Global Economic Sanctions Policy.

BankingFinancial ServicesInsurance

Responsibilities

The Director of Sanctions Processing will be responsible for managing the Global Treasury Transformation for payments screening. This critical project is rolling out country-by-country

Responsible for managing the Global Hub for Pre-Bind Screening Process working with Technology and our screening vendors

Working with the Global Head of Sanctions Processing managing Operational Transformation of the current screening processes to the Target Future State. This multi-year project is a critical global project that will enhance our screening processes

Leadership role in the development of the AIG Global Compliance Screening initiatives with the responsibility for assisting with the development / evaluation / implementation of screening solutions for addressing economic sanctions, anti-money laundering and anti-corruption screening for all businesses within North American Region (e.g. Corporate Functions and Property Casualty) as well as TSA supporting divestitures

Support the North America Third Party Administration (TPA) Governance Team with the review and assessment of 90 TPAs within the Region. Assessment will include understanding their sanctions processing and procedures, validating compliance with AIG Global Economic Sanctions Policy from a screening perspective and identifying any control deficiencies. If required work with AIG TPA Governance Team and the TPA to resolve / implement mitigating controls

Oversee all Operational aspects for screening processing for North America

Responsible for developing, implementing and maintaining operational compliance with the Global Standard Operating Procedures

Validating Service Level Agreements (SLAs) are being met for our business partners and conduct reviews of Technology proposals ensuring sanctions screening requirements

Conduct reviews of IT proposals to ensure that sanctions screening requirements are met, as part of the global IT governance process

Manage the Assurance Functions for Sanctions Processing within the North American Region ensuring controls are working effective (e.g. Reconciliation Process)

Serve as a Subject Matter Expert (SME) for sanctions processing matters within North America. Understand the Business concerns. When appropriate develop mitigating controls addressing the potential risks or exposures working with the Local Compliance Officers and / or Internal Audit

Build strong working relationships with North America Operations and Compliance Teams

Qualification

Sanctions operational complianceAI / ML screening technologiesRisk & control assessmentCommercialConsumer InsuranceSanctions screening systemsAdvanced Excel skillsAnalytical skillsVisio skillsMicrosoft Suite skillsLeadership skillsProblem solving skills