FIU Sanctions Specialist - Part Time (Remote)
About The Position
The Financial Intelligence Unit (FIU) Specialist/Sanctions supports SouthState Bank’s enterprise wide BSA/AML/Sanctions Program to ensure all regulatory requirements are met related to compliance with the bank’s OFAC/Sanctions requirements as well as USA Patriot Act section 314(a) requirements. Processes include reviewing and investigating customers and transactions subject to regulatory driven sanctions lists or internally developed watch lists. It is the policy of SouthState Bank to comply with the Bank Secrecy Act (BSA), USA PATRIOT Act, and the requirements of the Office of Foreign Assets Control (OFAC), and other related anti-money laundering/ anti-terrorist financing initiatives. The Bank has established a Bank Secrecy Act/ Anti-Money Laundering/Office of Foreign Assets Control (BSA/AML/OFAC) Compliance Program, covering all requirements of the BSA, USA PATRIOT Act and OFAC rules and regulations. Upon completion of required training, the Board of Directors of SouthState Bank shall hold each employee accountable for adhering to the established operating procedures and internal controls as set forth in the Bank’s BSA/AML/OFAC Program. Continued instances of non-compliance or willful violation of law may result in disciplinary action, up to and including termination.
Requirements
- Professional, effective communicator, both verbally and in writing
- Ability to work and thrive in a fast paced, high demand and deadline driven environment
- Demonstrate a strong sense of urgency by responding immediately to escalated issues and rapidly changing priorities
- Exemplary customer service towards both internal and external parties is a requisite for this position
- Ability to recognize situations warranting escalation, review or opportunities for alternative options to a supervisor
- Ability to handle and accomplish multiple tasks and resolve competing priorities effectively
- Proficient with PC work, including Microsoft Outlook, Word, Excel, PowerPoint, and other varying software if/as needed; knowledge of and ability to use internal bank systems a plus
- Ability to identify unusual and/or suspicious activity and understand when it needs to be escalated
- Minimum of 2 years related Sanctions experience
- Knowledge and understanding of BSA/AML, U.S. economic and trade sanctions programs, 314(a) regulations
- Knowledgeable in payments transactions and SWIFT/ISO messaging preferred
- Familiarity with bank operations in general
- Must be able to remain seated or work standing in a confined area on a computer for four (4) hours each workday.
- Must be able to constantly use hands and fingers to enter data through or on a computer or answer a phone throughout most of a four (4) hour shift.
- Must be able to hear and communicate with coworkers and customers throughout the day.
- Must be able to function in a professional, business office environment and act and dress appropriately for same, consistent with the Bank’s grooming and dress codes.
- Must demonstrate excellent people skills with customers and coworkers.
- Must be willing to function as a team member.
- Must be willing to work late-afternoon shift (3:30PM ET – 7:30PM ET) five days per week.
- Must be willing to demonstrate commitment to SouthState Bank’s mission and goals.
Responsibilities
- Review OFAC/Sanctions alerts resulting from automated scans and ensure alerts are properly dispositioned according to bank policy and procedures
- Conduct research and document results in a timely and accurate manner
- Maintain knowledge and understanding of OFAC/Sanctions requirements, policies, procedures, and processes throughout the organization
- Notify Sanctions Director and appropriate management of potential true Sanctions matches
- Assist with any positive match reporting preparation and filing
- Act as a technical resource for the various business lines for matters pertaining to OFAC/Sanctions
- Notify appropriate personnel through submission of the Unusual Activity Referral Form of any identified potential unusual or suspicious activity immediately
- Maintain proficiency in all aspects of BSA/AML/Sanctions compliance
- Adhere to all provisions of SouthState Bank policies and procedures, including the confidentiality policy, code of ethics and BSA/AML/OFAC policies and procedures
- Other duties and responsibilities may be assigned according to the needs of the bank
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What This Job Offers
Job Type
Part-time
Career Level
Entry Level
Education Level
No Education Listed
