Upvote
Downvote
Sanctions Associate
Share Job
- Suggest Revision
$17 - $25.5 an hour
Part-time
- The Sanctions Associate is responsible for maintaining certain aspects of the Bank's BSA/AML compliance program and assists in meeting and maintaining BSA/AML compliance requirements of the Bank. Complies with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, etc.)
- as well as adhering to the Bank’s policies and procedures to reduce loss/risk to the Bank. Assigned to a team that is responsible for ensuring that the Bank is in compliance with all OFAC Sanctions as well as monitoring for various other requirements.
- The job includes; the review of wire transfers for potential matches with terrorist suspect lists, research of potential OFAC hits, and review scanning results of accounts for potential matches with terrorist suspect lists.
- In addition, the associate monitors; OFAC Alerts clearance for new accounts, IAT, wires, Monetary Instrument Logs, Loan Logs and periodic bank-wide monitoring.
- Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent Field of study required or equivalent work experience: Finance, accounting, business management, or criminal justice
Active Job
Updated TodaySimilar Job
Relevance
Active