Senior Manager, Global Sanctions and Anti-Bribery & Corruption Advisory

Senior Manager, Global Sanctions and Anti-Bribery & Corruption Advisory – Denver, Colorado or New York, New York

Are you ready to join an advanced team with a global company that is passionate about preventing money laundering, fraud, and other illegal financial transactions? Are you looking to join a global financial company that encourages and embraces an inclusive workplace?  Join Western Union as a Senior Manager, Global Sanctions and Anti-Bribery & Corruption Advisory!

Western Union powers your pursuit

Western Union maintains a robust Financial Crimes Compliance program, inclusive of a number of various risk verticals including the Global Sanctions, Interdiction, and Anti-Bribery & Corruption team. The Global Sanctions, Interdiction and Anti-Bribery & Corruption team is responsible for the oversight and management of the Global Sanctions Compliance Program and Anti-Bribery & Corruption Program at Western Union and helps detect and deter potential sanctions, corruption and bribery risk across Western Union’s ecosystem and relationships. 

The Senior Manager for Global Sanctions and Anti-Bribery & Corruption (“AB&C”) will be responsible for overseeing the Advisory, Policy, and Investigation functions of Western Union’s Sanctions and AB&C program for the North America & Latin America, Caribbean regions, providing key regulatory guidance to the first line of defense teams, including business leads and operations. The role will also be responsible for assessing new product offerings and go-to market plans for their region to advise on minimum standards and compliance controls which would be required to ensure that Western Union meets its regulatory obligations in the jurisdictions in which we operate, as well as our Policy requirements. As part of their function, the Senior Manager will also be responsible for the continued development of the Policies and Procedures which govern the Sanctions & AB&C program, as well as the regional implementation of the Policy and enforcement of the minimum standards. The Senior Manager will report into the Director of Global Sanctions Advisory & Policy, and will work closely with the Director of Global Anti-Bribery & Corruption and the Regional Compliance leads for North America and Latin America/Caribbean.

Role Responsibilities

• Provide advice and guidance to Western Union business, operations and technology teams within the first line of defense on economic sanctions and AB&C issues and the application of Policy and regulatory requirements to their functional areas, as required;
• Act as a subject matter expert and point of escalation for the Regional Compliance team on all Sanctions and AB&C matters;
• Provide advise to the first line of defense in ensuring that sanctions risks are assessed in relation to changes to systems, new product implementation, digital wallet customer onboarding, and any other new relevant projects;
• Review and challenge the global sanctions risk assessment to ensure that they appropriately reflect Western Union’s inherent risk, as well as any potential controls or deficiencies which would impact the Western Union’s overall risk rating;
• Support the Regional Compliance teams, Legal and the Director of Global Sanctions Advisory & Policy and Director of AB&C with regulator outreach, including but not limited to requests for clarification, disclosures, complex licensing requests, and potential conflict of law matters;
• Assist the Head of Sanctions Screening in the review of screening controls and procedures related to new products, specifically those linked with Western Union’s digital bank and digital money transfer channels;
• Represent Global Sanctions and AB&C on internal calls with senior business leads and executive management, as required;
• Keep up to date on regulatory developments in the jurisdictions in which Western Union operates, through both internal engagement with country MLROs and participation in external industry forums and meetings on changes which may impact the business;
• Provide advice and guidance to other areas of the wider Enterprise Risk & Compliance team in relation to sanctions and AB&C requirements and regulatory expectations, as needed;
• Support in the development, review and delivery of sanctions and AB&C-related training, including both global sanctions training, regional-specific training, and ad-hoc upskilling as required.

Role Requirements

• Minimum 7 years experience working as a subject matter expert in Office of Foreign Assets Control (OFAC) regulations, as well as knowledge of non-U.S. sanctions regulations and financial crime regulations related to the financial services sector;
• Strong working knowledge of AB&C laws, regulations and regulatory requirements, in particular US FCPA and UK Bribery Act.
• Prior experience working with OFAC or other international sanctions enforcement agency;
• Experience working in financial crimes compliance at a financial institution or digital bank with a significant global footprint;
• Prior experience drafting and/or reviewing regulatory filings and disclosures to a supervisory authority or sanctions enforcement agency required;
• Effective communicator, both orally and in writing to facilitate open exchange of ideas;
• Must possess well developed interpersonal skills and function in a team oriented environment;
• Strong ability to manage change and adapt to new processes seamlessly;
• Must have competent problem solving, decision making, and analytical skills;
• Proven experience interacting with senior management and building constructive partnerships with diverse stakeholders, and challenging where required

We make financial services accessible to humans everywhere. Join us for what’s next. 

Western Union is positioned to become the world’s most accessible financial services company —transforming lives and communities. We’re a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward. 

Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/ 

Salary 

The base salary range is $109,876-165,000 USD per year, total on target compensation includes a base salary plus long-term and short-term incentives that align with individual and company performance. Actual salaries will vary based on candidates’ qualifications, skills, and competencies

Benefits 

You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few (https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment. 

Your United States – Specific Benefits Include 

• Family First Program 
• Time off 
• Medical, Dental and Life Insurance 
• Student Loan Repayment Program 
• Tuition Assistance Program 
• Parental Leave 

Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.

Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week.

We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws. 

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Estimated Job Posting End Date:

05-06-2024

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.