Global Head of Sanctions and Interdictions

Global Head of Sanctions and Interdictions

Convera is looking for a Global Head of Sanctions to maintain and scale the global sanctions advisory program. In this role, you will be responsible for assessing sanctions risk, upholding U.S., EU, HM Treasury and other applicable sanctions regimes, and ensuring that the company is well positioned to adapt to any future sanctions’ programs. This position will support the Global Sanctions department's strategy, governance, and technology team, which plays a central role in developing and implementing the department's sanctions strategy, and the upkeep and oversight of the team's sanctions-screening tools. You will work with business partners and stakeholders to identify program and operational risks and help to initiate and manage the solutions. You will provide oversight to the sanctions program and enhance and monitor via metrics, testing and exam results and providing reports to senior leaders regarding the status and health of the program, all to ensure the advancement of Convera’s strategic goals.

This role informs business leaders and their teams on the processes needed to ensure successful implementation of various initiatives such as products and growth in jurisdictions related to sanctions risks.  The Head of Sanctions will be responsible for the program and escalating sanctions program risks or alerts to senior leadership for review/program remediation. They will also work with compliance operations on current training, procedures and implementation of program changes, develop executive dashboards including trending data and quality metrics, and develop and maintain policy and procedural documents as well as training materials for items related to the sanctions compliance program.
You Will:

• Provide support across multiple functions to identify and track sanctions risks and remediation as needed
• Leverage deeper data analysis to refine and scope compliance sanctions policy adjustments & improvements
• Interface with business units and compliance officers to identify early opportunities for risk-based sanctions policy changes
• Review and evaluate payments and/or transactions which have been identified as containing a potential match to a person or entity on applicable sanctions lists or to a comprehensively sanctioned country
• Lead a team of sanctions professionals
• Provide regulatory analysis under relevant economic sanctions programs on payments and/or transactions
• Assist with maintenance of, and projects relating to, Convera’s internal list updates and enhancements, as well as blocking and reject reporting to OFAC
• Manage the regulatory sanctions exams and reporting to the corresponding government agencies

Must Have:

• 8+ years working compliance sanctions programs for a fast-paced, high-growth organization
• 5+ years of experience in financial services
• Experience creating functional and organizational processes to manage policies and procedures and alert remediation
• Experience in building and maintaining sanctions compliance programs for financial services
• 5+ years of people leaders skills

About Convera:

Convera serves more than 30,000 customers ranging from small business owners to enterprise treasurers to educational institutions to financial institutions to law firms to NGOs.

Our teams care deeply about the value we bring to our customers, which makes Convera a rewarding place to work. This is an exciting time for our organization as we build our team with growth-minded, results-oriented people who are looking to move fast in an innovative environment.

As a truly global company with employees in over 20 countries, we are passionate about diversity; we seek and celebrate people from different backgrounds, lifestyles, and unique points of view. We want to work with the best people and ensure we foster a culture of inclusion and belonging.

We offer an abundance of competitive perks and benefits including:

• Competitive salary
• Fun and supportive culture that embraces diversity
• Modern office space in the CBD with stocked kitchen (incl. snacks, fruit, beer/wine, coffee)
• Great career growth and development opportunities in a global organization
• Hybrid office / home from working arrangements
• Paid community and volunteer leave

There are plenty of amazing opportunities at Convera for talented, creative problem solvers who never settle for good enough and are looking to transform Business to Business payments.