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 financi