Support in protecting the organization from legal, regulatory, and reputational risk with regard to 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.
Accurately apply OFAC and EU regulations and organization policy to payment messages and coordinate significant issues requiring further escalation within Anti-Financial Crimes and across business and operations.
Monitor the regulatory situation in the region and assist in ensuring significant events impacting the organization are addressed as needed.
Interface with client service officers on transaction-related requests and decide on these in full compliance with all applicable sanctions regulations as well as the organization’s policies and procedures.
Identify and escalate issues which are not addressed by current policies or standards, draft and implement possible solutions.
Maintain and manage internal watch lists and coordinate with Regulatory Filtering Operations in the timely and accurate implementation of all watch lists.
Assist in timely maintenance of records in accurate and auditable format.
Support sanctions-relevant reporting obligations involving countries in the region to the competent authorities.
Assist in the collection of information in response to law enforcement, regulatory, or internal inquiries.
Knowledge of Sanctions laws/regulations to provide guidance to business and compliance staff.
Report any risk relating to the duties and responsibilities described hereunder and any event or incident that is capable of creating or constituting such a risk to the Head of Sanctions Compliance.
Qualifications
BA/BS required. JD/Masters preferred.
Past experience in AML or Sanctions Compliance and operations in a Global Financial Institution, Transaction Monitoring/Transaction Filtering, Name List Screening, etc. highly desirable.
Strength in U.S. economic sanctions regulations.
Proficiency in Microsoft Excel and PowerPoint.
Seniority level
Entry level
Employment type
Contract
Job function
Legal
Industries
Information Technology & Services
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