Sanctions Investigations AML​/CFT Compliance Officer; Remote

Overview

This is a remote role that may be hired in several markets across the United States.

The Sanctions Investigations AML/CFT Compliance Officer is responsible for assisting in building the sanctions investigations capability within the bank’s Financial Intelligence Unit (FIU). This role involves conducting complex sanctions investigations, performing L3 review on transactions carrying red flags for sanctions and related risks, identifying potential sanctions violations and supporting related mitigation actions, supporting reporting and communications with OFAC, reviewing sanctions and related regulatory changes to identify impacts on the business and recommend necessary changes to process, providing expert guidance to the FIU and business units on sanctions compliance, and leading collaboration with related teams within the FIU.

The officer will play a key role in identifying, assessing, and mitigating sanctions and related risks while maintaining a strong understanding of regulatory requirements and industry best practices.

• Sanctions Program Execution and Oversight
  - Develops and executes the Compliance Risk Management Program related to sanctions investigations, L3 transaction review, identification of potential violations, reporting, and related regulatory compliance and necessary guidance to the FIU and business. Implements complex regulatory requirements impacting multiple systems, processes, and clients. Monitors the effectiveness of sanctions controls and recommends enhancements. Effectively collaborates across verticals with multiple teams, and effectively communicates with senior leadership on complex regulatory issues.
• Investigations and Enhanced Due Diligence
  - Manages an evolving portfolio of complex sanctions investigations, L3 transaction reviews, and related suspicious activity investigations. Reviews client relationships involving multiple accounts, geographic locations, and products. Supports Enhanced Due Diligence (EDD) reviews for higher risk clients.
• Quality Assurance and Testing
  - Manages and conducts testing of sanctions policies, procedures, and functions. Develops procedures to maintain quality and consistency of testing approach. Identifies potential issues, exceptions, or patterns within the compliance program.
• Data Analysis and Reporting
  - Sources, validates, and interprets data for discrepancies and risks. Effectively communicates analysis output and prepares reports for management. Develops methods of measuring the quality and performance of compliance functions.
• Regulatory Research and Training
  - Maintains expertise on sanctions laws, regulations, policies, and procedures. Serves as a resource to management and business unit leaders on sanctions matters. Develops training materials for the team and assists in training and mentoring.

• AML/CFT regulatory knowledge
• Investigative techniques
• Data analysis and interpretation
• Quality assurance methodologies
• Risk assessment and mitigation
• Financial crime risk awareness
• Reporting and documentation
• Compliance program management
• Training and development

Minimum Required

Education and Experience:

Bachelor's Degree and 4 years' experience OR High School Diploma or GED/Equivalent and 8 years' experience in Experience in AML/CFT compliance, investigations, or related field;
Strong understanding of BSA/AML regulations, OFAC, KYC, and other relevant regulatory requirements;
Experience with AML/CFT software, data analytics tools, and case management systems

CAMS certification, CGSS certification, CCAS certification, or similar

Prior experience at OFAC, FinCEN, related US government…