Sanctions Enforcement Specialist # 26-26511
About The Position
The Sanctions Enforcement Specialist performs Level 2 reviews of transactions referred to the OFAC Exception queue for potential sanctions violations and manages the queues to ensure deadlines are met. The role investigates payments held for regulatory reasons pending additional information, monitors case investigations and follow-ups, analyzes investigation findings, and determines the appropriate action for payments. The specialist works with U.S. and Group Financial Services, Legal, and Treasury on wire transfer searches and case investigations. The role ensures escalated transactions comply with external and internal regulations and policies, validates vendor-added file uploads to filtering systems, and adds, modifies, or deletes entities on the local list as requested by the USFS team. It also supports compliance with the group payment transparency policy, contributes to the operational permanent control framework, prepares and analyzes reports, and recommends procedural changes when appropriate.
Requirements
- Associate or bachelor's degree from an accredited college or university.
- 2–3 years of experience in OFAC and sanctions investigations.
- Strong understanding of regulatory awareness and the regulations that govern it.
- Proficient knowledge and understanding of OFAC processes and procedures.
- Knowledge of funds transfer operations and the rules and regulations governing CHIPS, Fedwire, SWIFT, LYNX, and ACH.
- Excellent verbal and written communication skills.
- Attention to detail and accuracy.
- Self-motivation and ability to multitask in a high-volume, fast-paced environment.
- Basic knowledge and understanding of MS Word, MS Excel, MS Outlook, and MS PowerPoint.
Nice To Haves
- ACAMS or ACSS certification.
Responsibilities
- Perform Level 2 reviews of transactions referred to the OFAC Exception queue for potential sanctions violations.
- Manage queues to ensure deadlines are met.
- Investigate payments held for regulatory reasons pending additional information.
- Monitor case investigations to ensure proper follow-ups are made and responses are addressed in a timely manner.
- Analyze case investigation information and determine the appropriate course of action for payments.
- Work with U.S. and Group Financial Services, Legal, and Treasury on wire transfer searches and case investigations as needed.
- Ensure transactions escalated for Level 2 review comply with external and internal regulations and policies.
- Validate vendor-added file uploads to filtering systems to ensure list changes, additions, or deletions are accurately updated.
- Add, modify, or delete entities on the local list as requested by the USFS team.
- Ensure payments comply with the group payment transparency policy.
- Contribute directly to the operational permanent control framework.
- Prepare and analyze reports as needed.
- Recommend procedural changes when appropriate.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Education Level
Associate degree
