SUMMARY
The position is responsible for performing confidential research and investigations of money laundering and other financial crimes.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Review and disposition potential Office of Foreign Assets Control (OFAC) matches on real-time or in-process transactions.Identify transactions that have the potential to be Blocked or Rejected due to sanctions.Conduct internet research and obtain relevant documentation to support disposition of potential OFAC matches.Read, analyze, interpret, and apply sanctions regulations to ensure the Bank remains in compliance.Assist with sanction screening system testing for implementation of new products / services and system upgrades.Make decisions on appropriate action to take regarding the need for further investigation.Support management teams, ensuring daily, weekly, and monthly activities are...