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Ofac Analyst (Bilingual Spanish/English

New York, NY 10003 | Direct Hire

Post Date: 04/23/2018 Job ID: 12310 Industry: OFAC Analyst

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  OFAC/Sanctions analyst-BILINGUAL SPANISH ENGLISH

Assist the Chief Compliance Officer in the process of OFAC review and release of transactions, interpretation and recommendations of sanctions, as well as in the filing of Blocked and Rejected transactions with OFAC. Comply with Bank Secrecy Act, Money Laundering Control Act and OFAC regulations as well as any other rule applicable to his duties, calling the attention of the BSA Chief Compliance Officer or the Deputy Chief Compliance Officer to any suspicious activity or transaction.
MAIN RESPONSIBILITIES:
? Identify regulatory OFAC compliance issues/concerns and make suggestions to implement solutions to improve controls/operations.
? Conduct sanctions screening of real time hits and review transactions that are flagged for OFAC compliance.
? Investigate positive hits and approve payments. Elevate true positive hits.
? Proposal of Skips for AML Screen (good guy rules)
? Contact customer requesting additional information to clear OFAC alerts.
? Coordinate blocked or rejected process with OFAC
? Preparation of Blocked or Rejected Transaction Report
? Update of Blocked or Rejected Transaction Log
? Filing of the Annual Blocked and Rejected Transactions Report to OFAC.
? Provide a response to Correspondent Entities SWIFT inquiries regarding OFAC/AML related matters (False Positive Matches - LFP).
? Update of AML Screen Monitoring List (i.e., OFAC, Private Filter, UN, EU, etc.)
? Update of the following Logs: Blocked or Rejected Transaction Log, False Positive Matches (LFP)
? Assist in the update of the following Logs: Private Filter, Skips, Audit Trail.
? Maintain files Inventory: OFAC Correspondence, Blocked and Rejected Operations, List Updates.
? Patriot Act certifications
? May perform any other duty as required.

 

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Matt Eidlen
VP

Matthew Eidlen has more than 10 years of recruitment and temporary staffing experience. He is a graduate of The College of Staten Island/City University of New York with a major in Economics and Marketing. He has developed an expertise in recruiting talent in the areas of compliance, mortgage services, litigation support, and all areas of operations and risk. He provides both temporary and direct hire recruitment services. He provides temporary staffing and permanent recruiting services to our expanding client base.

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