Financial Sanctions Analyst

Munich Re Careers•Batavia Township, OH

About The Position

The position supports Munich Re North American entities in their effort to mitigate the risk associated with inadvertently doing business with OFAC-sanctioned individuals and entities. The primary function of this role will be to handle financial sanctions cases through the Company-endorsed sanctions system and ad hoc requests on sanctions cases.

Requirements

Bachelor’s degree or higher
Strong attention to detail with the ability to review and analyze data accurately
Demonstrated ability to follow established processes, policies, and regulatory guidelines
Proficiency in Microsoft Office Suite (Excel, Word, Outlook) and general comfort with business systems
Effective written and verbal communication skills
Ability to manage multiple tasks, prioritize work, and meet deadlines
High ethical standards with a commitment to confidentiality and compliance

Responsibilities

Perform case reviews using the Company’s sanctions screening tools.
Evaluate case circumstances for compliance risk and escalate high-risk cases.
Collaborate with colleagues to ensure alignment with Company standards and service level agreements related to financial sanctions screening.
Provide backup when other case reviewers are unavailable.
Communicate with the Hub Lead and other case reviewers regarding cases, screening coverage, etc.
Develop expertise of financial sanctions, regulations regarding the same, and Company directives aimed at mitigating sanctions risks.

Benefits

Two options for your health insurance plan (PPO or High Deductible).
Prescription drug coverage (included in your health insurance plan).
Vision and dental insurance plans.
Basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
Short and Long Term Disability coverage.
Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).
A robust 401k plan with up to a 5% employer match
A retirement savings plan that is 100% company funded.
Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
Eligibility to receive a yearly bonus as a Munich Re employee.
A variety of health and wellness programs provided at no cost.
Paid time off for eligible family care needs.
Tuition assistance and educational achievement bonuses.
A corporate matching gifts program that further enhances your charitable donation.
Paid time off to volunteer in your community.