Sanctions Manager

At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application!

What You Can Expect At BBH:

If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and reinvent yourself-without leaving the firm. We encourage a culture of inclusion that values each employee's unique perspective. We provide a high-quality benefits program emphasizing good health, financial security, and peace of mind. Ultimately we want you to have rewarding work with the flexibility to enjoy personal and family experiences at every career stage. Our BBH Cares program offers volunteer opportunities to give back to your community and help transform the lives of others.

The Sanctions Manager works closely with the Head of Sanctions and the other Sanctions Manager and Analysts on the Sanctions Advisory Team to implement BBH's global sanctions compliance program and provide SME advice on OFAC and other global sanctions to the lines of business and other stakeholders at BBH.

The Sanctions Manager works along with the Head of Sanctions in performing Sanctions Advisory's key responsibilities in a timely manner and developing enhancements to related processes and procedures. The Sanctions Manager is expected to work independently or with minimal oversight, and interact closely with colleagues in Legal, Compliance, and other areas of the Firm on various sanctions-related matters. The Sanctions Manager will be required to analyze complex sanctions regulations, including Russian sanctions, and apply them to BBH's business.

If you are looking to push your career to the next level, introduce yourself by submitting your resume.

Key responsibilities include:

• Provide SME support and timely advice on the application of OFAC economic sanctions to the lines of business and other stakeholders within BBH, including impacts of the Russian sanctions.

• Serve as escalation point for sanctions screening alerts that cannot be readily resolved by the sanctions screening unit.
• Partner with Service Delivery and Network to analyze operational impacts of sanctions regimes and implement enhancements to the sanctions control infrastructure.
• Assist in tuning and testing of the sanctions filter.

• Ensure regulatory adherence to various sanctions programs and work with the lines of business to identify control gaps and/or implement remediation.
• Conduct enhanced sanctions due diligence on higher-risk clients.
• Draft OFAC communications, such as blocked property reports, Annual Blocked Property Reports, and Voluntary Self-Disclosures, for review and filing.
• Ensure blocked assets are properly coded within internal systems and tracked.
• Maintain the Sanctions Advisory procedures and records.
• Liaise with Office of General Counsel, Compliance colleagues, and other stakeholders on sanctions matters, as appropriate.
• Investigate potential sanctions violations by liaising with relevant lines of business.

• Develop and deliver on-going targeted sanctions training to the lines of business.
• Stay abreast of regulatory changes and laws, with emphasis on OFAC, drafts communications of sanctions updates for review by Sanctions Manager and disseminate to compliance colleagues.

Qualifications:

• Bachelor's degree

• 8+ years of experience in OFAC Sanctions Compliance
• Experience in a financial institution and/or equivalent industry
• Knowledge of the OFAC sanctions regime and its application to banks strongly preferred.
• Practical knowledge of anti-money laundering laws
• Strong organizational skills
• Strong analytical and communication (oral and written) skills.
• Strong investigative and administrative ability
• Strong Excel and PowerPoint skills

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.

Salary Range

$130K - $180K

BBH's compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck-providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.