OFAC (Office of Foreign Assets Control) Manager/Officer (in-office) - Midvale, UT; Phoenix, AZ; Houston, TX; or Las Vegas, NV

Hewlett Packard Enterprise • Midvale, UT

124d • $85,000 - $120,000

About The Position

Zions Bancorporation is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker magazine as having a top banking team in its list of 'The Most Powerful Women in Banking.' Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a 'local' business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers. We are currently seeking an OFAC (Office of Foreign Assets Control) Manager/Officer to join our team in-office in either Midvale, UT; Phoenix, AZ; Houston, TX; or Las Vegas, NV.

Requirements

• Bachelor's degree and 4+ years of related OFAC/Sanctions compliance processes, procedures, and regulations or other directly related compliance experience.
• Financial crime investigation experience preferred.
• A combination of education and experience may meet requirements.
• Relevant Professional Certifications: Certified Global Sanctions Specialist (CGSS); Financial & International Business Association OFAC certification; Association of Certified Sanctions Specialist (ACSS); Association of Certified Anti-Money Laundering Specialists (ACAMS), Associate of Certified Fraud Examiners (ACFE) are a plus.
• Requires a considerable working knowledge of compliance, risk management, and anti-money laundering related requirements for BSA, USA PATRIOT Act, OFAC, and other applicable U.S. regulations OFAC.
• Advanced knowledge of the banking or finance industry.
• Ability to manage OFAC Analysts and Specialists.
• Knowledge of systems related to suspicious activity monitoring, technology, and database management.
• Solid analysis and problem resolution skills.
• Solid communication skills, both written and verbal.
• Ability to work collaboratively within a complex organization, across multiple, geographies and disciplines.
• Solid management skills.

Responsibilities

• Manage the corporation's OFAC Compliance programs including day-to-day functions of OFAC screening for new customers to the bank, vendors and employees.
• Develop OFAC Training within the corporation as needed.
• Assist the Legal department with OFAC verbiage in contracts.
• Provide OFAC guidance to departments working with international customers.
• Report to OFAC on blocked and rejected funds.
• Report annually to OFAC regarding blocked funds held in accounts within the corporation and related laws and regulations.
• Be responsible for developing, implementing, and administering intelligence capabilities of OFAC programs to ensure OFAC compliance.
• Be responsible for program management, strategic planning, operational, and advisory functions.
• Coordinate the review and interpretation of new and pending laws and regulations, OFAC/Sanction changes, which potentially affect the company's practices.
• Direct and assist lower-level staff with the development or revision of policies, procedures, contracts, and agreements to ensure compliance.
• Ensure understanding and implementation of new policies and procedures.
• Act as a liaison between corporate and the assigned group or region in matters regarding OFAC compliance.
• Create and implement programs for OFAC compliance monitoring and evaluate the results.
• Prepare management reporting.
• Work with first line of defense and other management to resolve issues and address deficiencies related to OFAC compliance.
• Manage and/or coordinate OFAC examinations by external parties, Internal Audit and Compliance Assurance.
• Hire, fire, counsel, and conduct performance reviews for staff.
• Perform other duties as assigned.

Benefits

• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
• Paid Training, Paid Time Off (PTO) and Paid Federal Holidays, and any applicable state holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
• Employee Ambassador preferred banking products

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Computer and Electronic Product Manufacturing
• Education Level: Bachelor's degree