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OFAC Analyst
Ref No.: 18-05625
Location: New York, New York
Position Type:Contract
The NY Branch of a foreign bank is looking for OFAC Analysts. The OFAC Analysts will:
  •        Conducts investigations to appropriately resolve potential matches generated by the Bank's OFAC screening software on both the customer and transaction level
  •        Review BSA/AML and OFAC alerts generated by MIS system and draft dispositions for review and approval
  •        Able to research and  discount names using research and third party source systems to meet deadlines
  • Complete the initial review of customer account activity flagged by the Bank's automated monitoring system
  • Write a comprehensive analysis of the account activity which includes a detailed disposition as to why an alert is being closed or escalated for further review
  • Retaining strong records of all information relied upon to complete a disposition of an alert
Preferred Skills:
  • Background in AML/BSA and OFAC Sanctions
  • Ability to work under pressure to meet deadlines
  • Strong analytical and problem solving skills
  • 1-3 years of experience performing OFAC alert dispositions
  • CAMS certification is a plus