Head of Governance for Sanctions Compliance

Permanent contract|New York|Compliance

Head of Governance for Sanctions Compliance

New York, United States Permanent contract Compliance


  • The Head of Governance for Sanctions Compliance is a role that functions as a program manager for the SGUS program.  The role reports into the OFAC Officer (who is the Regional Head of Sanctions Compliance) and supports the sustainable, effective and efficient running of the department.  The person will primarily handle relationships with internal and external examiners, implement controls across the department, manage metrics reporting, and provide oversight of various technology related upgrades, including those necessary for FircoSoft and for underlying payment systems which are sent to FircoSoft for screening.  Task related to the position include, but are not limited to:
  • Manage OFAC-related regulatory examinations, internal audits, internal testing, and local model reviews.
  • Enhance sanctions-related policies, procedures and desktop guides at least annually.  Enhancement may be required more frequently based on trigger events. 
  • Oversee the Global Permanent Supervision Controls performed on the sanctions compliance perimeter.
  • Provide second level review of certain control reports related to technology controls for sanctions screening.
  • Supervise monthly metrics reporting on sanctions issues for senior management.  
  • Serve as a central point of contact for Compliance, Technology and Operations teams on issues related to sanctions screening and data governance.
  • Interact with other teams, including those in operations and technology, to continually drive process innovation and operational efficiencies enterprise wide. 
  • Provide support on the annual OFAC Risk Assessment, as required.

Profile required

  • Ability to manage a complex, dynamic compliance program and work collaboratively within a large organization, across multiple cultures, geographies, and disciplines.
  • Excellent written and oral communications skills.  Ability to balance multiple, changing priorities in a fast- moving working environment.  Ability to present clearly to numerous internal and external examiners.
  • Strong knowledge of Financial Crime Compliance, OFAC and EU sanctions. 
  • Must be a self-starter, flexible, innovative, and adaptive.
  • Excellent analytical and problem-solving techniques
  • Proficiency with word processing, computer applications, databases and spreadsheets including, but not limited to, MS Word, Excel, Power Point and Outlook. 

Business insight

  • Société Générale’s US Financial Crime department is responsible for ensuring compliance with anti-money laundering (“AML”), Bank Secrecy Act, USA PATRIOT Act, OFAC and sanctions regulations for the US operations. The FCC Department performs, among other responsibilities, AML transaction monitoring and SAR filing, OFAC screening of transactions and static data, as well as advisory and control functions across SGUS bank and broker dealer businesses.  FCC is also responsible for the management of the tools used for sanctions screening and AML transaction monitoring.
  • Sanctions Compliance is responsible for ensuring compliance with OFAC, E.U., and other applicable sanctions programs throughout SGUS. Sanctions Compliance is responsible for reviewing alerts on transactions (second level review) and static data (first level review) for potential matches to the OFAC, E.U., and any other applicable lists; reporting blocked property and rejected transactions to OFAC; investigating and drafting Voluntary Self-Disclosures to OFAC; creating and delivering targeted training to SG Employees on OFAC/sanctions issues; providing sanctions-related advisory support to SGUS business units; reviewing and approving the Sanctions Risk Assessment; and coordinating with the Global Head of Embargoes, as appropriate.  Additionally, Sanctions Compliance owns the local instances of the sanctions screening filter and as such is a key stakeholder in tuning, list management, and model risk reviews. 

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 21000RBA
Starting date: 2021/10/04
Publication date: 2021/09/07