Head of US Sanctions

Key Responsibilities1. Enterprise Sanctions Program Leadership

• Own the development, execution, and ongoing advancement of the Bank's global sanctions compliance framework.
• Ensure the program meets applicable OFAC requirements, expectations of U.S. regulators-including the Federal Reserve, OCC, and NYDFS-and relevant international sanctions standards.
• Establish, maintain, and periodically refresh sanctions policies, procedures, governance structures, and controls.

2. USD Clearing & Correspondent Banking Risk

• Provide oversight of sanctions exposure arising from USD clearing, nostro/vostro accounts, and related payment activity.
• Serve as a senior subject-matter expert on correspondent banking risks, including nested and indirect banking arrangements.
• Ensure effective safeguards are in place for international payments, cover payment activity, and applicable trade finance transactions.

3. Screening Operations & Controls

• Direct the full sanctions screening lifecycle across payments, customers, and trade-related activity.
• Oversee alert review, case escalation, investigations, and sanctions decisioning processes.
• Lead efforts to improve screening platforms, tuning methodologies, screening parameters, and data integrity while reducing unnecessary alerts without compromising compliance obligations.

4. Strategic Advisory & Sanctions Risk

• Provide senior-level sanctions guidance to business lines, executive leadership, and teams evaluating new products or services.
• Assess sanctions exposure associated with new customers, products, markets, jurisdictions, and transaction types.
• Advise stakeholders on complex matters involving potential sanctions matches, licensing questions, regulatory requirements, and interpretation of applicable sanctions regimes.

5. Regulatory Relations & Program Governance

• Serve as a senior sanctions representative and primary contact for regulatory authorities on sanctions-related matters.
• Lead the Bank's response to sanctions examinations, regulatory requests, audits, findings, and remediation initiatives.
• Develop executive-level reporting and communicate significant sanctions risks, trends, and performance indicators to senior governance bodies, including Board-level risk committees.

6. Investigations, Breaches & Remediation

• Direct investigations involving suspected sanctions violations, potential matches, control deficiencies, and sanctions-related incidents across payments, trade finance, and customer activity.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.