OFAC / Montran Analyst (Jersey City, NJ) BA080218

Location: Jersey City, NJ
Date Posted: 08-02-2018
Job Title: OFAC / Montran Analyst
Location: Jersey City, NJ
Duration: 6 Months


Missions
  • Perform Level 1 reviews of OFAC cases generated from six source systems
  • Ability to evaluate and annotate potential hits as true/false positives
  • Perform basic research and investigation to support the Level 1 OFAC review process
  • Liaise with Compliance on escalation items & suggest OFAC process improvements
  • Assist with KPI reporting related to the OFAC process
  • Analytical skills required to review and annotate cases per Compliance mandates
  • Ability to work and communicate in a dynamic and high paced work environment
  • Ability to meet strict deadlines throughout the day
  • Communicate with internal departments to resolve OFAC related issues/problems
  • Participate in ad hoc projects on an as needed basis
  • Ensure timely completion of all mandatory training requirements
  • Stay abreast of regulatory changes related to OFAC sanctions related developments
TECHNICAL SKILLS
  • Experience working with Fircosoft OFAC application
  • Heavy OFAC Case Experience
  • Strong computer skills; MS Excel, Word, Outlook
COMPETENCIES
Required/Must have:
  • Experience performing Level 1 OFAC reviews of various payment message types
  • Ability to accurately analyze and properly annotate high volumes of OFAC cases
  • Ability to adhere to strict Compliance policies and procedures
  • Experience working with Compliance Department on OFAC Sanctions  
  • Ability to work independently as well as being a strong team player
PRIOR WORK EXPERIENCE
Required/Must have:
  • 2-5 years experience reviewing OFAC Sanction cases
  • 2-5 years experience with cash payments a plus
  • ACAMS a plus
EDUCATION
 
Required/Must have
  • College degree
Desired/Plus:
  • Law Degree
Environment 
The OFAC Level 1 team is part of the Treasury Operations department at Client site.  The objective of Treasury Operations is to deliver efficient and high quality services to both internal and external clients in the Payment, OFAC, Risk, FX, Money Market and Funding functions.  As a transversal group supporting businesses across the SG organization, we provide the required services to manage the treasury and liquidity activities of the bank. 
 
The OFAC Operations team is responsible for providing the Level 1 review and annotation of all transactions scanned by the FircoSoft OFAC filter.  OFAC Level 2 and Level 3 investigation cases are managed by the Compliance department.  The team works very closely with Compliance to ensure the latest controls and knowledge are shared across the teams.  The team also works closely with the Funds Transfer and Client Service teams.
 
 

 
Thank you,
Doreen Daly
Sr. Recruiter
Frontier Systems Consulting, Inc.
617-630-1002
or
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