VP, Sanctions Screening Lead

Community Federal Savings Bank • New York, NY

10d • $150,000 - $170,000

About The Position

CFSB is seeking an experienced sanctions screening subject matter expert to support the Sanction and Screening Program to ensure adherence to sanctions laws and regulations. Reporting to the Head of Sanctions and Screening Program, this role involves acting as a sanctions subject matter expert while supporting the application of the Bank’s sanctions screening program. The ideal candidate will have extensive experience in sanctions compliance and a strong understanding of sanctions screening processes and controls.

Requirements

• Experience with CGI HotScan.
• Extensive knowledge of sanctions regulations, including OFAC regulations.
• Proven experience in large, global sanctions compliance functions and complex regulatory environments.
• Strong analytical, and problem-solving skills, with a keen understanding of risk management and mitigation strategies.
• Excellent communication and presentation skills.
• Bachelor's degree required; preferred concentration in International Affairs, Economic, or Political Science. Advanced degree or relevant professional certification (e.g., CAMS, ACSS, etc.) strongly preferred.
• 8-10 years of overall experience with 5+ years of progressive experience in sanctions compliance.

Nice To Haves

• Experience in Retail Banking, FinTechs, MSB’s, international payments, and card products preferred.

Responsibilities

• Support the Head of Sanctions and Screening Program with the Bank’s sanctions screening strategy.
• Provide expert sanctions screening guidance as a representative of the Sanctions and Screening Program with particular focus on outlining requirements for payment and customer screening that align with regulatory and industry standards.
• Collaborate with the broader Compliance and Technology functions to ensure execution of effective sanctions screening program.
• Responsible for list management processes within Sanctions and Screening Program including ensuring required lists within Bank Policy remain up-to-date and effective processes are in place to update Bank’s internal sanctions watchlist.
• Identify areas of enhancement or improvement opportunities for the Bank’s sanctions screening program and coordinate appropriate remedial actions.
• Drive a culture of accountability, integrity, and continuous improvement through collaboration and inspiring commitment to the Sanctions and Screening Program priorities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level