OFAC Analyst

Responsibilities:

• Review personal and business customers KYC and CIP documentation for accuracy completeness, and compliance with policies and procedures
• Provide guidance to retails with respect to CIP policies and procedures
• Identify suspicious activities, money laundering, or terrorist financing by performing new customer due diligence
• Perform research and investigation for new personal and business customers
• Review currency transaction reports (CTR) to ensure all the information, including the dollar amount are correctly entered
• Obtain, search, document, and log FinCEN 314(a) information request
• Review OFAC dispositions made by business units to ensure all possible matches are correctly disposed
• Assist in administrative tasks associated with OFAC and suspicious activity reporting including maintaining an OFAC update log and updating internal black list
• Make determinations to escalate matters for further investigation
• Attend required BSA/AML/OFAC related training
• Work on any other tasks assigned by BSA / OFAC Manager or Deputy BSA/OFAC Officer.