Ofac Sanctions Investigations Associate Jobs

Participate in Ad-hoc management requests with relation to Global Sanctions.

Other duties assigned by management, including supporting other special projects as

banking experience including knowledge of BSA/AML and/or OFAC rules and

Bachelor’s Degree or equivalent work experience related to Compliance, back office

Must possess basic technical knowledge of BSA / AML, USA PATRIOT Act, OFAC

Minimum of two years of Sanctions Compliance Investigation experience is required.

Ensure timely completion of all mandatory training requirements. Knowledge, Skills, and Abilities:

Review daily manual reports for OFAC screening, documenting the reviews and reporting findings to management as necessary.

Organized, detail- oriented, self-motivated, and strong communication, writing, and follow-up skills

Ability to work dependably and consistently under team constraints, and to manage time efficiently and effectively

Strong research, analysis, communication, writing, and follow-up skills. Ability to identify, escalate and resolve a problem

Understanding of compliance and BSA/AML/OFAC regulatory requirements and implications

A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

Educational resources, matching gift, and volunteer programs

Ability to prioritize requirements to achieve regulatory or audit requirements, deliver timely and quality execution in a fast-paced and high-pressured environment

Knowledge of Microsoft Trust and Hot Scan a plus (not required)

Skills That Will Help You Excel

Substantial writing skills and ability to articulate effectively to senior management.

Comfort in a technology-forward company and facility with computer and web-based applications, including case management systems and web-based databases.

Experience with virtual currencies, digital transaction cycles, and blockchain tracing/analytics tools.

Experience drafting and preparing SAR filings.

Advanced degree/certifications, e.g., JD, MBA, CAMS, CFE.

Advanced knowledge of regulatory expectations and industry standards in relation to AML/BSA/Sanctions regulations.

Substantial writing skills and ability to articulate effectively to senior management.

Comfort in a technology-forward company and facility with computer and web-based applications, including case management systems and web-based databases.

Experience with virtual currencies, digital transaction cycles, and blockchain tracing/analytics tools.

Experience drafting and preparing SAR filings.

Advanced degree/certifications, e.g., JD, MBA, CAMS, CFE.

Advanced knowledge of regulatory expectations and industry standards in relation to AML/BSA/Sanctions regulations.

Substantial writing skills and ability to articulate effectively to senior management.

Comfort in a technology-forward company and facility with computer and web-based applications, including case management systems and web-based databases.

Experience with virtual currencies, digital transaction cycles, and blockchain tracing/analytics tools.

Experience drafting and preparing SAR filings.

Advanced degree/certifications, e.g., JD, MBA, CAMS, CFE.

Advanced knowledge of regulatory expectations and industry standards in relation to AML/BSA/Sanctions regulations.

4+ years experience in related field (financial institutions or

4+ field and 2+ years experience in related field

Resolve alerts in the Sanctions queue

4+ financial service providers or sanctions), OR Bachelors'' in related

Focus on identifying OFAC/Sanctions compliance and/or operational issues and implement solutions to improve control environment.

Candidate will ensure OFAC/Sanctions screening is in line with applicable sanctions laws and regulations.

Execution of enhancements of processes and procedures with a commitment to consistency and successful implementation within the set targets and deadlines.

Able to identify, escalate, and communicate issues to management in an effective and succinct manner

A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

Educational resources, matching gift, and volunteer programs

Relevant experience of AML Investigations and Correspondent Banking investigations experience

Experience in Correspondent Banking investigations

Extensive experience in financial services or similar industry within compliance, consulting, audit, legal or project management function

A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

Educational resources, matching gift and volunteer programs

Able to act decisively and manage multiple projects simultaneously

Understanding of anti-financial crime processes and potential risks with experience with audit process and methodology

Work with Sanctions Operations Manager, Sanctions Program Manager, and Training Program Manager to develop training content pertaining to Sanctions

Prior experience conducting financial crime investigations and/or conducting sanctions reviews

Advanced written and verbal communication skills

Our community is based on connection and belonging. 

Our creativity allows us to imagine new possibilities for people. 

Our responsibility is to all of our stakeholders. 

Relevant experience in AML or sanctions compliance and operations in a global financial institution

Support Bank in protecting bank from legal, regulatory, and reputational risk regarding business involving sanctioned entities and/or countries.

Diligently investigate payment messages escalated from Regulatory Filtering Operations to US Sanctions Compliance for potential sanctions, AML, or policy violations

Monitor the regulatory situation in the region and assist in ensuring significant events impacting Bank are addressed as need be.

Identify and escalate issues which are not addressed by current policies or standards, draft and implement possible solutions.

Strength in U.S. economic sanctions regulations

Ability to multitask and manage multiple deliverables and a range of OFAC risk management responsibilities.

Review escalated trade finance related transactions.

Keep abreast of SG Group sanctions policies, OFAC sanctions, and respective reporting requirements.

Strong knowledge of OFAC and EU sanctions regulations and USA PATRIOT Act.

Strong interpersonal, written and verbal communication skills.

Excellent research and analytical skills.