Sanctions Analyst

Reporting Relationships:

Position Reports to (Title):  OFAC Compliance Officer

Positions Supervised (Title):  N/A

Position Description/Overview: Sanctions Analyst who has extensive knowledge in BSA/AML Compliance and Sanctions.

Must be detail oriented, diligent and able to work under pressure.

A Sanctions analyst is responsible for –

  • Conducting sanctions screening of real time transactional hits in E-gifts for potential sanctions violations;
  • Investigating non-obvious false positives, true positive hits, and escalating for further review and approval;
  • Perform ad-hoc screenings to include vendors, 3rd party payees, etc.;
  • Perform periodic screening of customers, beneficial owners, and connected parties;
  • Reviewing and screening trade finance related documents (including red-flags);
  • Ensuring policies and procedures are adhered to on a daily basis;
  • Aiding in reconciliations, lookbacks, and remedial efforts related to daily screening activities;
  • When necessary, performing analysis and developing a deeper understanding of AML/OFAC requirements and implications.
  • Provide training to branch staff on Sanction related topics.
  • Point of contact with internal audit and regulators on audit and examination requests.
  • Assist the OFAC Compliance Officer when needed.

Job Requirement

  • BS or BA degree with 2 to 3 years working experience in Sanction Screening.
  • Knowledge of the BSA/AML regulatory environment;
  • Experience using compliance related software applications;
  • Experience using excel, outlook, PowerPoint, word;
  • Knowledge of, or the ability to learn quickly, SWIFT and Fedwire standards;
  • Sense of urgency;
  • Organized;
  • Superior written and verbal skills in order to communicate with supervisor and fellow staff.
  • Able to adapt and use branch’s Sanction Screening system quickly.


To apply for this job email your details to margaret@mjboyd.net