Senior Managing Counsel - EMEA Anti-Money Laundering, Sanctions and Anti-Bribery & Corruption (ASA)
Senior Managing Counsel - EMEA Anti-Money Laundering, Sanctions and Anti-Bribery & Corruption (ASA)
BNY Mellon
London or Manchester, United Kingdom
Job Description
We’re seeking a Senior Managing Counsel - Head of EMEA Anti-Money Laundering, Sanctions and Anti-Bribery & Corruption (ASA) Legal and the International Suspicious Activity Response Team (I-SART) to join our EMEA Legal team. This role is located in Manchester or London – hybrid.
In this role, you’ll make an impact in the following ways:
- Managing and providing training, guidance and leadership to a team of I-SART professionals responsible for investigating potential money laundering and other suspicious activity in EMEA, APAC and LATAM;
- Providing timely legal advice and assistance to Financial Crimes Compliance, risk and business partners on matters related the Proceeds of Crime Act (POCA), the European anti-money laundering directives (AMLD), USA PATRIOT Act, Bank Secrecy Act, OFAC/OFSI/EU sanctions regulations and other sanctions regimes, U.S. Foreign Corrupt Practices Act (FCPA), UK Bribery Act, and other global equivalents;
- Reviewing, interpreting, and advising on relevant laws and industry best practices pertaining to sanctions, anti-bribery and corruption, and AML;
- Reviewing and advising on sanctions, AML and anti-corruption language in contracts, attestation letters and reliance letters;
- Assisting Sanctions Compliance respond to any OFSI or OFAC requests or other global equivalents;
- Advising with respect to select special projects arising from the administration of the global AML program;
- Oversight of outside counsel advice (including timeliness and quality) on major deliverables;
- Frequent and timely reporting/escalation to senior management to ensure they are kept abreast of all matters of moderate to high, or else increasing, legal and regulatory risk;
- Assisting with responses to any global regulatory exams and other relevant inquiries, and internal audits;
- Participating in internal governance committees; and
- Informal knowledge-sharing within the legal team.
To be successful in this role, we’re seeking the following
The successful candidate will have an extensive amount of relevant work experience, which may include a law firm and/or legal department of a financial institution or regulator. Experience practicing law in the areas of economic sanctions, anti-corruption and related areas is preferred, although strong candidates with lesser experience will be considered. Proven ability and desire to lead and manage a team of professionals is required.
Other preferred experience includes:
- Familiarity with current global legal, regulatory and market trends and initiatives;
- Strong knowledge of the financial services & banking industry and regulation;
- Experience of interactions with regulators and/or industry bodies; and
- Extensive experience of frequent interactions with legal and wider business/risk/compliance colleagues.
Other technical skills that although not necessary would be preferential:
- Experience in and understanding of both the common law and civil law legal systems;
- High-level understanding of the global regulatory framework for financial institutions.
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