Europe Sanctions Advisory Manager - City, London, United Kingdom,

An exciting opportunity to join a large, international bank's Sanctions Advisory team. The ideal candidate will need to be an experienced sanctions SME and will need; experience in leading a Sanctions Advisory Team, being the delegated Country Sanctions Officer, and liaising with regulatory authorities, e.g. OFSI, the FCA.

Role Purpose:

  • Senior Manager supporting the Interim Regional Head of Sanctions by helping to lead the sanctions advisory team as a subject-matter expert (SME) on Sanctions, with a particular focus on regulatory matters, reporting requirements and formal correspondence..
  • Act as lead advisor for reporting and licencing requirements under UK financial sanctions regulations - to include general reporting, advising on regulatory obligations and drafting licence application as required.
  • Act as delegated Country Sanctions Officer (CSO) under the authority of the Regional Head of Sanctions for sanctions advisory matters.
  • Leading on regulatory engagement and supporting countries on engagement with their domestic regulators
  • Supporting the wider advisory team with SME knowledge on Sanctions and advisory matters including client due diligence and transaction referrals.
  • SME on sanctions risk management and compliance with sanctions regimes imposed by the UK, European Union (EU), United Nations (UN), HKMA and USA, and HSBC Group sanctions policy.
  • Analyse information, identify and track issues, and determine/address themes arising from regulators and the Compliance exception reporting processes.
  • Identify and ensure remedial action from relevant findings including policy changes and LoB training within the Europe Region.
  • Ensuring consistent and timely reporting with regulators, including OFSI and the FCA.
  • Advising on risk management decisions concerning retention, exit and reporting for customers in the Europe Region.
  • Advice and determination of sanctions matters in relation to specific transactions for the UK and Europe Region.
  • Advising the Regional Reputational Risk and Client Selection Committees on relevant client relationships.
  • Supporting the European region with deals, including negotiating and finalising wording in short timescales.
  • Working with sanctions legal to ensure risk based approach within law and regulation.
  • Helping manage advisory team, including work allocation, referral responses and general support with advisory tasks.
  • Manage 2 direct reports through their day-to-day activities

Experience / Qualifications

  • Extensive experience in drafting correspondence to and liaising with regulatory bodies is essential; specific experience with sanctions authorities such as OFSI would be beneficial.
  • Deep understanding of UK/EU/UN/US sanctions essential.
  • Experience dealing with regulatory breaches and high risk exposures.
  • Experience managing a team of advisors or lawyers.
  • Good understanding of business activities for a large global banking group with diverse operations from retail banking, wealth management, commercial banking, global banking, investments, transaction services, asset management, private banking and insurance.
  • Good understanding of the FCA rules (e.g...... click apply for full job details