OFAC Analyst

Our client is seeking a experienced Sanctions professional to join their team.

Client Details

Our client is a New York City branch of a major financial institution, offering a range of banking and financial services, catering primarily to corporate clients and international businesses.

Description

The OFAC Analyst will be responsible for the following:

• Identify areas of risk and work with Compliance and business units to identify control gaps, provide remediation and work on implementation.

• Manage transactions escalated to Manager's Review, OFAC inquiries, investigations and suspense account reconciliations.
• Update and maintain all sanctions related Policies, Methodologies and Procedures.
• Ensure all applicable regulations and guidance from different regulatory bodies such as: Office of Foreign Assets Control (OFAC), Federal Reserve Bank of New York (FRBNY) and New York State Department of Financial Services (NYSDFS) are incorporated accordingly.
• Ensure implementation and compliance to regulations and guidelines issued by the regulatory bodies.

Profile

• Bachelor's Degree
• 5+ years in BSA/AML, Sanctions, alert clearing and investigations
• Relevant certification (e.g., ACAMS, ACFCS, CFE) preferred.
• Strong verbal and written communication skills.
• Knowledge of compliance laws and regulations.
• Fluent in Spanish

Job Offer

The offer for this successful OFAC Analyst contains a competitive hourly pay rate plus benefits for the duration of a 6 month contract with opportunity to extend.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Job Requirements: