Financial Crimes Sanctions Analyst II

Truist Bank • Atlanta, GA

4d

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, analyzes, and dispositions sanctions-related alerts involving clients, transactions, trade documents, and other business activities. The role also supports business units and internal stakeholders with sanctions questions, assesses sanctions risk using research and screening tools, and keeps current with applicable laws, regulations, and relevant world events and industry trends. Participation in ongoing sanctions and AML/CFT training is expected.

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 regulations and laws, 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 and implementation of the economic sanctions program and regulatory changes.
• Ability to work independently under time constraints and manage time efficiently and effectively.
• Strong verbal and written communication skills, including the ability to communicate 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 the ability to identify and define issues, establish facts, analyze moderately complex information, and develop substantiated conclusions with minimal supervision.
• Demonstrated 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 economic and financial 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 client information needed for investigations.
• Serve as a point of contact for internal sanctions-related questions and support.
• Apply critical thinking and analytical skills to make well-supported decisions about alert types, follow-up, and disposition.
• Use research and screening tools to assess sanctions risk and exposure.
• Maintain strong knowledge of current and proposed applicable sanctions laws and regulations.
• Participate in regular sanctions and AML/CFT training, including webinars, periodicals, and self-study.
• Stay aware of national and world events and industry trends relating to sanctions compliance to mitigate potential sanctions risk to Truist.

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, prorated
• Paid holidays
• May be eligible for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan, depending on position and division

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level