Sanctions Screening Program Enhancement Lead

in Cook - Chicago, IL

Job Description

Employer:              META PLATFORMS, INC. (f/k/a Facebook, Inc.)

Job Title:                Sanctions Screening Program Enhancement Lead

Job Code:              REQ-2406-138827

Job Location:        Chicago, Illinois

Job Type:               Full-time, 9am – 6pm, 40 hours a week, Monday – Friday

Salary:                    $165,219/year to $193,600/year + bonus + equity + benefits.

Individual pay is determined by skills, qualifications, experience, and location. Compensation details listed in this posting reflect the base salary only, and do not include bonus or equity or sales incentives, if applicable. In addition to base salary, Meta offers benefits. Learn more about benefits at Meta at this link: https://www.metacareers.com/facebook-life/benefits.

Duties:

Apply sanctions regulatory and screening program knowledge to the execution of strategic projects that enhances screening program controls. Support strategic projects for the Sanctions Program tower end-to-end and ensure timely and quality delivery of control enhancements. Collaborate with product teams in understanding and evaluating a product’s sanctions risk profile and design corresponding controls. Provide updates to stakeholders about strategy, adjustments, and progress. Work with cross-functional partners to resolve issues in the screening program. Utilize market practice and standards in executing projects and apply “big picture” strategic thinking and regulatory knowledge to screening control evaluation and scoping out enhancements. Understand a wide spectrum of financial and non-financial products and platforms to make logical and risk-based recommendations for screening control enhancements, and proactively identify areas for improvement. Monitor trends and patterns across product, regulatory environment, and screening landscape to identify potential risk and take appropriate action to mitigate such risks. Help managing ad hoc initiatives for the Sanctions Program tower. Create project plans and implement the controls through working with cross-functional teams including but not limited to Product, Engineering, Privacy, Integrity, and Legal. Properly document all artifacts for audit trail. Follow and implement regulatory affairs policies and procedures to ensure that regulatory compliance is maintained or enhanced. Maintain current knowledge of relevant regulations. Support regulatory strategies and implementation plans for the preparation and submission of new products. Communicate regulatory information to multiple departments and ensure that information is interpreted correctly.

Requirements:

Master’s degree in Business, Business Administration, Business Analytics, or a related field. Foreign equivalent accepted.

12 months of experience in the job offered or in a related occupation.

Requires 12 months of experience in the following:

Business analytics and visualization;

AML/Sanctions compliance function including sanctions-focused;

Sanctions regulation;

Fuzzy logic screening technologies;

Communicating with engineering teams from a technical perspective;

Compliance function overall or other internal control functions;

Tableau;

ASANA;

Sanction list screening and geoblocking;

Data analysis and visualization for generating reporting dashboard; and,

Data quality framework with automation test capabilities and defined test strategy.