OFAC & Sanctions Compliance Counsel

Austin, Texas Requisition Number R0029503

OFAC and Sanctions Compliance Counsel

Austin, Texas

Come Join the eBay Team

Do you want to be a member of an elite compliance team operationalizing eBay's Anti- Money Laundering / Counter Terrorist Financing (AML/CTF) and Sanctions programs? Do you want to join an innovative legal and compliance team providing sanctions compliance expertise to manage and to enhance a high functioning program while contributing to the culture of compliance of a company on the technological edge?

Legal Compliance—OFAC and Sanctions

eBay Commerce Inc.’s (eCI) AML and Sanctions compliance team performs a critical role in the execution and management of eBay’s Bank Secrecy Act (BSA)/anti-money laundering (AML) and Sanctions compliance programs: adhering to a set of required standards and processes regarding sanctions compliance; ensuring eBay’s compliance with applicable laws and regulations, including the BSA, the USA PATRIOT Act, and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctions programs contributing to a "culture of compliance" to ensure efficient and effective management of AML and sanctions risk.

This position’s responsibilities primarily involve providing guidance to eCI and eBay Inc., on the requirements and risks related to sanctions compliance, particularly compliance related to those sanctions programs administered by OFAC. The role will work in close coordination with the AML leadership team, including the AML Officer and FIU Director, and eBay Compliance Operations staff.

OFAC and Sanctions Compliance Counsel

Key Responsibilities

  • Provide subject matter expertise to guide the strategy of the sanctions compliance program and related sanctions compliance work of cross-functional teams across the enterprise;
  • Provide guidance and support to the AML officer, senior AML leadership and business units on OFAC and other sanctions matters
  • Engage OFAC and other government officials on sanctions compliance matters as necessary and prepare reports to OFAC regarding blocked and rejected transactions; 
  • Execute and make enhancements to sanctions compliance solutions, including sanctions compliance screening systems;
  • Review laws, regulations, U.S. executive orders, OFAC designations and related regulatory announcements for business impact;
  • Facilitate and oversee testing of the sanctions compliance program and periodic OFAC and sanctions risk assessments to identify enhancement opportunities and potential solutions;  
  • Maintain and update enterprise OFAC and sanctions compliance policy and procedures; 
  • Identify, interdict, escalate, report, and maintain records pertaining to any activity prohibited by OFAC’s regulations;
  • Development and provide OFAC and sanctions training content;
  • Exercise strong leadership and collaboration skills with project teams, regulatory agencies, and compliance team members; and 
  • Provide compliance input on business action plans, new products, projects or operational requests. 


Minimum Requirements

  • Bachelor’s Degree or 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree 
  • J.D. Degree
  • 6+ years audit/risk/sanctions compliance work experience 
  • Advanced knowledge of relevant regulatory data sources 
  • Advanced knowledge of relevant industry regulations
  • Advanced knowledge of regulatory compliance
  • Advanced knowledge of Microsoft Office tools to include Word, Excel and PowerPoint
  • Qualifications may warrant placement in a different job level



Preferred

  • 5+ years of work experience in a financial services institution, regulatory organization, fintech company, legal/consulting firm, or a combination thereof
  • At least 5 years’ experience with Sanctions compliance related work 
  • Demonstrated ability to understand and apply OFAC and other sanctions regulations to complex transactions, products and services in a fast-paced, real-time environment 
  • In depth understanding of OFAC’s reporting requirements with an ability to manage preparation and submission of required regulatory reports 
  • Proven experience working with senior management and influencing different stakeholders in a dynamic environment 
  • Admitted to bar in a U.S. state or the District of Columbia 
  • ACAMS certification (or equivalent) 

    The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job. 

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eBay Inc. is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, veteran status, and disability, or other legally protected status.  If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at talent@ebay.com.  We will make every effort to respond to your request for disability assistance as soon as possible.

For more information see:

EEO is the Law Poster

EEO is the Law Poster Supplement

This website uses cookies to enhance your experience. By continuing to browse the site, you agree to our use of cookies

View our privacy policy

View our accessibility info

eBay Inc. is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, veteran status, and disability, or other legally protected status.  If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at talent@ebay.com.  We will make every effort to respond to your request for disability assistance as soon as possible.

For more information see:

EEO is the Law Poster

EEO is the Law Poster Supplement

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