Experienced Transaction Monitoring/OFAC Compliance Officer
Responsibilities:
* Review reports/alerts generated by the SAMS (Suspicious Activity Monitoring System) Model
* Review in-process transactions flagged by the OFAC filter for review
* Assist in assuring compliance issues are monitored
* Assist with preparing statistics for monthly AML group.
* Assist in ensuring compliance with all FinCEN Regulations, specifically 314(a).
* Prepare reports for OFAC reporting (ie Report of Rejected/Blocked Transactions)
* Conduct OFAC and PEP checks for new account documentation (CIP)
* Review customer files for KYC and Customer Due Diligence (CDD).
* Review alerts from FinCEN, the OCC, OFAC and other US Gov't agencies to ensure compliance at NBK-NY.
* Conduct enhanced reviews across all areas of the branch as part of the Quality Assurance Program.
Must possess:
* BA/BS Degree
* CAMS preferred
* Minimum of 5 years in Bank Compliance function or US Regulatory Agency
* Must have significant experience with OFAC and Transaction Monitoring
* Bi-lingual preferred (either European, Middle Eastern or Asian)
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