Sanctions Operations Processing Analyst

Entry-level Compliance role focused on reviewing and researching funds transfers that may match government sanctions or internal watch lists.

Responsibilities

• Review and action payment transactions held for sanction-related matches
• Investigate and obtain additional information to make sound decisions
• Engage and escalate to various compliance and AML teams when appropriate
• Prepare and compile reports
• Identify repetitive false hits
• Identify opportunities for process improvement and implement them
• Understand payment processing and formats
• Cross-train for various internal roles within the department and provide back-up coverage
• Assist with control, risk, daily activities, and transaction services projects as required
• Perform tasks within established procedures and controls to minimize losses
• Assess risk in business decisions, considering the firm’s reputation and compliance with laws, rules, and regulations

Requirements

• College degree preferred
• Analytical and deductive reasoning skills
• Banking and payment knowledge (ISO, Swift, FED, Chips) is preferred
• Understanding of regulatory practices in AML, OFAC, and Sanctions is preferred
• Ability to work in a high-volume, high-pressure processing environment
• Strong verbal and written communication skills
• Related experience in funds transfer and/or sanction screening
• Strong computer skills, including Word and Excel
• Must be able to work occasional weekends and holidays

Bachelor’s/University degree or equivalent experience.

Benefits

• Medical, dental, and vision coverage
• 401(k) retirement plan
• Life, accident, and disability insurance
• Wellness programs
• Paid time off, including vacation, sick leave, and holidays
• Discretionary and formulaic incentive and retention awards (for eligible employees)

Pay

Full-time salary range: $55,341.00 – $68,270.00

Schedule

Full time. Must be available to work occasional weekends and holidays.

Location

Getzville, New York, United States