Senior Counsel (Sanctions & Anti-Money Laundering)

SoFi is seeking a Senior Counsel with expertise in economic sanctions and anti-money laundering (AML) to join their Legal team. The attorney will serve as the company's primary legal expert on U.S. sanctions and AML requirements, working closely with various internal teams and supporting regulatory examinations. The role requires a J.D. from an ABA-accredited law school, active membership in a U.S. state bar, and 7 to 10 years of legal experience focused on U.S. economic sanctions and BSA/AML regulation.

• Act as the lead legal advisor on OFAC sanctions programs, including country-based and list-based sanctions, the 50 Percent Rule, sectoral sanctions, and secondary sanctions risk.
• Advise on BSA/AML requirements, including customer due diligence (CDD), beneficial ownership, Customer Identification Program (CIP), suspicious activity reporting (SAR), currency transaction reporting (CTR), recordkeeping, and FinCEN requirements.
• Review and negotiate sanctions and AML provisions in vendor, partner, and commercial agreements. Track legislative, regulatory, and enforcement developments, including new sanctions designations, AML Act rulemakings, and enforcement trends.

• Experience advising on screening, blocking and rejecting decisions, and sanctions compliance program design consistent with OFAC's A Framework for OFAC Compliance Commitments
• Ability to work independently and handle several priorities in a fast-paced environment
• J.D. from an ABA-accredited law school, with active membership in good standing in at least one U.S. state bar
• Specific, demonstrated OFAC expertise, including:
• Excellent judgment, with the ability to turn complex legal requirements into clear, practical, risk-based advice for non-lawyers
• Strong working knowledge of the BSA, the USA PATRIOT Act, the Anti-Money Laundering Act of 2020, and FinCEN regulations
• Strong written and oral communication skills, including experience presenting to senior leaders
• Hands-on experience preparing license applications, voluntary self-disclosures, and responses to OFAC subpoenas or administrative inquiries
• In-depth knowledge of OFAC regulations (31 C.F.R. Chapter V), sanctions programs, and enforcement practice
• 7 to 10 years of legal experience, with substantial and direct focus on U.S. economic sanctions (OFAC) and BSA/AML regulation
• Experience advising banks, broker-dealers, money services businesses, fintech companies, or other regulated financial institutions
• Prior work at OFAC (for example, in the Office of Compliance and Enforcement, Licensing Division, Office of the Chief Counsel (Foreign Assets Control), or a sanctions policy role), or at the U.S. Department of the Treasury in a sanctions-focused role. Strongly preferred
• Experience in the sanctions, AML, or financial regulatory practice of a leading law firm, or previous in-house experience at a bank, fintech, or other regulated financial services company. Candidates who combine OFAC government service with law firm or in-house experience are especially encouraged to apply
• Experience with digital assets, payments, or cross-border transaction sanctions issues
• Familiarity with sanctions screening technology, transaction monitoring systems, and vendor management
• Experience with the export control laws (EAR) and their overlap with sanctions compliance
• Experience supporting regulatory examinations by federal banking regulators