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Facebook Sanctions Screening Process Manager in Washington, District Of Columbia

Intro:

Facebook's mission is to give people the power to build community and bring the world closer together. Through our family of apps and services, we're building a different kind of company that connects billions of people around the world, gives them ways to share what matters most to them, and helps bring people closer together. Whether we're creating new products or helping a small business expand its reach, people at Facebook are builders at heart. Our global teams are constantly iterating, solving problems, and working together to empower people around the world to build community and connect in meaningful ways. Together, we can help people build stronger communities - we're just getting started.

Summary:

As a member of the Facebook Payments Compliance Team, you will be leading a team and executing on large-scale projects in Payments Compliance area. You will be a mentor and coach to the team members and be part of the Global Payments Compliance team. You will interact with other Team Leads to continually help drive process innovation and operational excellence across Sanctions Operations in the Payments Compliance area. At times, you will work collaboratively with a dynamic group of cross-functional stakeholders including but not limited to Legal, Product, Engineering, Finance and Marketing. You may have side projects to help create innovative scalable AML compliance systems and processes to harness the "transactional" power of Facebook, Instagram, WhatsApp, Messenger and other Facebook companies. You will help Facebook Payments ensure that its compliance policies, internal controls and systems help Facebook in its mission to "make the world more open and connected."Facebook Payments Inc. (“Facebook Payments”) is committed to complying with Anti-Money Laundering/Counter-Terrorist Financing (“AML”/“CTF”) obligations imposed by federal, state, foreign, and other applicable laws. These governing laws and regulations may include without limitation the following: the Bank Secrecy Act (“BSA”); the USA PATRIOT Act of 2001 (“Patriot Act”); the rules and regulations overseen by the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”); and other requirements applicable to registered money services businesses (“MSBs”). Facebook Payments maintains a risk-based Policy and Program designed to ensure compliance by Facebook Payments and its affiliates with governing law.

Required Skills:

  1. Work collaboratively with a dynamic group of cross-functional stakeholders including but not limited to Legal, Product, Engineering, Finance and Marketing. You will lead projects to help create innovative scalable sanctions compliance systems and processes to harness the transactional power of Facebook Instagram, WhatsApp, Messenger and other Facebook companies

  2. Interact with other teams to continually drive sanctions screening innovation and compliance

  3. Promote a culture of compliance to ensure efficient and effective risk and compliance management practices by adhering to required standards and processes

  4. Support the team and overarching Payments Compliance organization in researching and responding to regulatory and related requests and contributing to Sanctions Risk assessments as needed

  5. Work cross functionally to ensure successful onboarding of new products on to the screening platforms and case management tools

  6. Design and lead the sanctions process area, provide thought leadership, cross functional partnership, defining and executing for a best in class global operating model that provides a smooth onboarding process with both, vertical and horizontal scalability

  7. Create and oversee a sanctions optimization program that will continually work to reduce the impact of unproductive alerts for new and existing screening customers, while ensuring continued effectiveness

  8. Work cross-functionally to gather data and perform pre-onboarding simulations for the purposes of noise reduction

  9. Build a pre-list update process to verify impact of screening list updates and opportunities for noise reduction prior to production implementation

  10. Lead, train, and nurture team to ensure continued success

  11. Track, monitor and escalate key results for the department and help the department achieve its key performance indicators (KPI’s)

Minimum Qualifications:

  1. Bachelor's degree

  2. 10+ years’ experience in a compliance department or other internal control function at a financial services company in an operational function

  3. 2+ years’ experience in managing teams of two or more

  4. Experience as a team lead on cross-functional projects demonstrating impact, and influencing and leading organizational change

  5. Experience interacting with other process leads, cross-functional teams and leaders of the department

  6. Experience building relationships and experience working collaboratively as part of a team

Industry: Internet

Equal Opportunity: Facebook is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Facebook is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at accommodations-ext@fb.com.

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