OFAC Specialist

OFAC Specialist

Banco Sabadell – Miami Lakes, FL, US

5 days ago Requisition

Banco Sabadell is seeking an OFAC Specialist to join a dynamic team within one of the fastest growing banks in Florida.

• Perform the tasks related to the verification and approval of possible matches and “hits” of OFAC reported by T24 System using the system established FIS Prime-Metavante.
• Request and obtain the appropriate information from account officers or corresponding area to determine the approval of the alert.
• Escalate to Compliance Department (BSA/AML) the possible matches or doubts for its approval or investigation.
• Maintain sufficient records as evidence of each case investigated.
• Prepare monthly reports and statistics.
• Coordinate with Compliance Department (BSA/AML) the requests of information received from other banks.
• Collaborate with the Payments Service Area when support is needed, or as assigned by managers according to Department needs.

• At least 3 to 5 years of experience in banking. Ideally having worked as an OFAC analyst.
• A strong practical knowledge of laws applicable to BSA and AML, OFAC requirements and USA Patriot Act.
• Good analytical and organizational skills.
• Good communication skills (oral and written).
• Must be able to speak, write and read English and Spanish fluently.

Sabadell Bank is an Equal Opportunity Employer