Legal & Compliance Department-SVP, Deputy Head of US Sanctions Compliance jobs in United States
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Bank of China USA ยท 2 hours ago

Legal & Compliance Department-SVP, Deputy Head of US Sanctions Compliance

positionNew York, NY
timeFull-time
remoteOnsite
senioritySenior Level, Lead/Staff
money$150K/yr - $280K/yr
date10+ years exp

Bank of China USA is one of the largest banks in the world, providing a stable financial partner across various banking services. The Senior Vice President will oversee the establishment of a comprehensive Sanctions Program to mitigate compliance and regulatory risks associated with sanctions laws.

Banking
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H1B Sponsor Likelynote

Responsibilities

Review and analyze Sanctions Alerts and determine whether an investigation is warranted
Lead investigations and/or due diligence reviews where Sanctions issues are present, such letters of credit, customer on-boarding and/or wire transactions and identify associated risks and red-flags
Advise FLUs on sanctions regulations and matters
Identify regulatory Sanctions compliance issues / concerns and propose solutions
Investigate apparent breaches of sanctions regulations and/or compliance standards
Investigate potential Sanctions violations, money laundering and fraudulent financial activity across the bank
Assess Sanctions compliance processes and implement solutions
Perform ad hoc investigations and analysis in support of voluntary disclosures to sanctions and any regulatory enquiries
Assist with coordination of response for internal and external sanctions-related examinations
Review and analyze sanctions inquiries and potential hits for issues and trends and remediate as necessary
Review operational processes and implement improvement opportunities
Conduct periodic quality review of Sanctions data/metrics and update as necessary
Conduct periodic quality review of departmental logs, reports, and deliverables and provide feedback
Prepare presentations, data metrics, summaries, routine and ad-hoc reports

Qualification

BSA/AML complianceOFAC regulationsSanctions complianceRegulatory risk managementU.S. banking regulationsCompliance practiceData analysisPresentation skills

Required

Bachelor's degree required
10 years of work experience in a bank or financial institution in a BSA/AML & OFAC internal control technology capacity preferred
Knowledge of U.S. banking regulations and compliance practice, compliance risk management, and BOC Risk Governance Framework
Knowledge of U.S. banking regulations and compliance practice with strong emphasis on all aspects of BSA, AML and OFAC
Comprehensive knowledge of BSA/AML and OFAC related regulations and ability to implement the banks policies and procedures

Company

Bank of China USA

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Bank of China (BOC) is one of the largest banks in the world, with more than $3 trillion in assets and a footprint that spans over 60 countries and regions.
dateFounded in 1981
location
New York, NY , US
people-size501-1000 employees
web-link
http://www.bocusa.com

H1B Sponsorship

Bank of China USA has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (57)
2024 (46)
2023 (52)
2022 (67)
2021 (36)
2020 (69)

Funding

Current Stage
Late Stage

Leadership Team

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Peter J Reisman
Managing Director, Chief Communications Officer
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Company data provided by crunchbase