Sanctions Screening, Analyst

MUFG•Tampa, FL

1d•Hybrid

About The Position

The Sanctions Screening Analyst is responsible for completing all daily activities related to OFAC, Japanese Foreign Exchange Law (JMOF), BSA/AML, and other Compliance matters for the Money Transfer Group across multiple operational shifts. This includes database maintenance, updating Pre Advice limits on GPP accounts, monthly Buffer Asset-FED Caps updates on GPP, and accurately completing all TSU IntelliTRACS Cases, morning/end of day TSU Reports, and daily emails for account and System balances.

Requirements

Bachelor's degree or a closely-related discipline, or an equivalent combination of formal education and experience

Nice To Haves

Bachelor's degree preferred

Responsibilities

Ensure MTD’s adherence to MUFG’s Compliance Policies: Monitor and process all manual review transactions on HotScan, based on the level of system access, ensuring that: (a) such transactions are executed within prescribed time frames, (b) identified irregularities are reported to Compliance for their review and approval, per established procedures and c) no transaction is processed without proper authorization.
Monitor changes to any Compliance, Legal or Trade related programs such as OFAC, JMOF, BSA/AML, etc. and any system related issues/concerns; maintain the HotScan databases, making changes to reflect program changes.
Educate staff with all HotScan/Compliance related changes and enhancements.
Modify workflow procedures as necessary.
Continually analyze the HotScan software, identifying any weakness, and recommend any enhancements to improve the system’s performance and accuracy.
Participating in testing recommended enhancements from the time that the enhancements are received through system implementation.
Monitor and process all manual review transactions during off hours including (but not limited to): holidays.
Maintain OFAC/Compliance related records using IntelliTRACS (Investigation system), GPP (Payment/wire system) and e-mails in the MTD Transaction Screening Unit Mailbox: Open and maintain OFAC/Compliance/Sanctions cases on the IntelliTRACS, based on the level of system access, ensuring that all information is accurately recorded, facilitating management review and approval.
Monitor open and pending queues for OFAC/Compliance cases and process the assigned cases in accordance with established procedures.
Ensure cases are thoroughly documented and properly filed, facilitating management review and approval.
Maintain a comprehensive filing system for all HotScan transactions, ensuring that all transactions that are referred to the Compliance department contain complete documentation with all related information and correspondence.
Review, Monitor and distribute all e-mails in the MTD Transaction Screening Unit Mailbox.
Maintain thorough and accurate records, facilitating management review: Review Daily IntelliTRACS Investigation Open/Pending Cases.
Maintain the HotScan monthly statistics, ensuring that all information provided is accurate and properly reflects the department’s production, if needed.
Prepare “Daily Transaction Screening Unit Work Control Checklist” which includes end of day HotScan and IntelliTRACS reports to be submitted to various unit in MTD.
Prepare monthly HotScan statistics report, if needed.