Financial Crimes Sanctions Analyst II

Truist Bank•Charlotte, NC

12h

About The Position

Responsible for timely investigations of transactions, trade, and client relationships to ensure consistency with applicable sanctions laws and regulations. The role requires a strong technical understanding of U.S. economic and financial sanctions, primarily OFAC. The analyst investigates and dispositions sanctions-related alerts, gathers information from internal partners, provides sanctions-related support, assesses risk using research and screening tools, and maintains current knowledge of sanctions and AML/CFT requirements and developments.

Requirements

College degree.
At least four years of relevant experience at a financial institution or relevant government agency.
Understanding of U.S. economic and financial sanctions laws and regulations, particularly OFAC, and experience assessing them against specific fact patterns.
Ability to understand and execute detailed departmental procedures, policies, and regulations.
Ability to collaborate with a team to advise business units on policy applicability, implementation of the economic sanctions program, and regulatory changes.
Ability to work independently under time constraints and manage time efficiently.
Strong verbal and written communication skills, including communicating with senior Global Sanctions leadership, business unit managers, and external entities.
Ability to liaise among internal teams, external business units, and other stakeholders.
Strong investigative research and documentation skills.
Demonstrated analytical and critical-thinking skills, including identifying and defining issues, establishing facts, analyzing moderately complex information, and developing substantiated conclusions with minimal supervision.
Proficiency in basic computer applications, such as Microsoft Office software products.

Nice To Haves

Master’s degree or related industry certification.
Experience explaining sanctions regulations to non-technical audiences.

Responsibilities

Conduct timely investigations, analysis, and disposition of sanctions-related alerts involving clients, transactions, trade documents, and other business unit activities.
Communicate with senior Relationship Managers, senior branch associates, and other teammates to gather information supporting investigations.
Serve as a point of contact for internal sanctions-related questions and support.
Apply critical thinking and analytical skills to determine appropriate alert follow-up and disposition.
Use research and screening tools to assess sanctions risk and exposure.
Maintain knowledge of current and proposed sanctions laws and regulations.
Participate in sanctions and AML/CFT training, including webinars, periodicals, and self-study.
Monitor national and world events and industry trends related to sanctions compliance to help mitigate sanctions risk.

Benefits

Medical insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Accidental death and dismemberment coverage
Tax-preferred savings accounts
401(k) plan
At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
10 sick days during the first year, prorated
Paid holidays
May be eligible for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan, depending on the position and division