Full-Time

OFAC & Sanctions Compliance Director

Updated on 3/14/2025

eBay

eBay

10,001+ employees

Global online marketplace for buying and selling

Compensation Overview

$165.2k - $261.8kAnnually

+ Bonus + Restricted Stock Units

Senior, Expert

Company Historically Provides H1B Sponsorship

Austin, TX, USA + 2 more

More locations: San Jose, CA, USA | New York, NY, USA

The pay range for this position at commencement of employment in California, Washington, or New York is expected in the range below.

Category
Risk & Compliance
Legal & Compliance
Required Skills
Risk Management
Data Analysis
Requirements
  • 6+ years in senior compliance management in fin-tech, a start-up, technology, or emerging financial services sector, greater than 12+ years in their compliance career, and experience in a bank or large regulated financial institution
  • Strong knowledge and experience with OFAC and non-US Sanctions laws, regulations and related compliance requirements (including reporting and record retention requirements)
  • Significant experience communicating requirements to product and engineering partners
  • Strong track record of driving timely and effective issue resolution
  • Ability to make presentations to c-suite
  • Strong ability to derive insights and be able to articulate sophisticated ideas concisely
  • Ability to succeed in a fast paced, and dynamic environment, within time-critical situations
  • Strong interpersonal, analytical, problem solving, influencing, and organizational skills
  • Strong oral and written communication skills and ability to interact with other business teams
  • Ability to influence and lead people across cultures at a senior level using sound judgment and successful execution, understanding how to operate effectively across diverse businesses
  • Experience in managing regulatory exams and relationships with examiners, auditors, etc.
  • Managing a specialized team of Compliance professionals responsible for the execution of Sanctions regulatory and program activities including developing, attracting, and retaining talent.
Responsibilities
  • Lead the global 2nd line of defense Sanctions Compliance Program team, including defining a global vendor and program strategy, multi-year roadmap and key controls to address the dynamic global sanctions compliance requirements
  • Guide the business to identify and understand risk exposures and partner with Product and Engineering partners to prioritize and ensure the build for the controls needed
  • Own and define all enterprise Sanctions policy management activities
  • Partner with the first line Compliance Operations team to ensure appropriate procedures and processes are developed for the review and critical issue of alerts
  • Define strategy, review and approve OFAC administrative subpoena responses, Voluntary Self-Disclosures, and blocking reports if necessary
  • Provide advice to the businesses on an ongoing basis on new business initiatives, new products, business acquisitions, and customer-related matters with respect to applicability of policies, resolution of potential red flags or other sanctions compliance risks
  • Advise a multiyear product and vendor strategy that facilities efficient screening of users, alert review, and reduces unnecessary false positives
  • Manage the institutional relationship with OFAC, and act as the primary point of contact for internal audit staff for Sanctions regulatory matters, as appropriate, including coordinating Sanctions-related examinations, audit and reviews, document production, and issue responses
  • Interact with Senior Management to raise awareness of Sanctions trends, emerging issues, remedial actions or enhancements to the program; supervises the preparation of materials for the Board or relevant management/risk committees
  • Engage cross-functionally (with groups such as Legal, Product, Engineering and Risk) to establish a thoughtful, strategic and scalable approach to the Sanctions Compliance Program and related processes
  • Design, deliver, and maintain best-in-class Sanctions Compliance practices, providing a mechanism for identifying key sanctions risks and how the mitigation of those risks would be monitored and measured through a control framework
  • Define and measure monthly metrics for key performance indicators (KPIs) and key risk indicators (KRIs) and Assists in the preparation of Committee and Board reporting
  • Use subject matter expertise to make recommendations to senior management to address gaps, policy/procedure changes, regulatory changes, etc.
  • Partner with Compliance Governance team to ensure Risk Assessment, NY DFS 504 model validation, and other annual activities are completed
  • Coordinate internal resources and vital parties/vendors for execution of projects
  • Develop detailed project plans to track progress
  • Ensure projects are delivered timely, within scope and within budget.
Desired Qualifications
  • Masters' degree or equivalent experience in a relevant field or Juris Doctor (JD) strongly preferred
  • Phenomenal teammate with strong collaborative qualities and a positive demeanor.

eBay is an online marketplace where individuals and businesses can buy and sell a wide range of products, including electronics, fashion, and collectibles. Users can list items for auction or sell them at a fixed price through the 'Buy It Now' option. eBay stands out from competitors with its vast selection, user-friendly interface, and strong buyer and seller protections, including free shipping on many items. The company's goal is to facilitate seamless transactions while generating revenue through transaction fees, advertising, and subscription services.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Jose, California

Founded

1995

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Meta increases eBay's visibility on Facebook Marketplace.
  • Acquisition of Caramel strengthens eBay's position in the automotive sector.
  • UX updates enhance local and fast-shipping shopping experiences.

What critics are saying

  • Integration with Facebook Marketplace may dilute eBay's brand identity.
  • Caramel acquisition could distract from eBay's core operations.
  • GSI Commerce acquisition may strain eBay's financial resources.

What makes eBay unique

  • eBay offers both auction-style and 'Buy It Now' purchase options.
  • eBay's platform includes robust buyer and seller protections.
  • eBay provides a vast selection of products across diverse categories.

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Benefits

Health Insurance

401(k) Company Match

Paid Vacation

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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