OFAC Analyst 2 - Remote
OFAC Analyst 2 - Remote
BankUnited
Miami Lakes, FL
Job ID : 52624d6a325037344b5551672b5658695a773d3d
Job Description :
- Conduct in-depth research into customer accounts, properly document findings and communicate with account officers requesting information to ascertain if activity is permissible by regulation.
- Conducts investigations to appropriately resolve potential matches generated by the Bank's OFAC screening software on both the customer and transaction level.
- Acts as point of contact for all escalations by the business lines related to OFAC matters.
- Thoroughly document findings by preparing reports in a manner that is clear and comprehensible to BSA supervisors/managers, internal auditors and regulatory examiners.
- Review new accounts and/or customer profile updates, which are screened against Office of Foreign Assets Control (OFAC) lists through the Bank's OFAC system.
- Review information provided for Commercial, Residential and Consumer loans for possible OFAC matches, as well as wire transfers to ascertain compliance requirements.
- Prepare and/or file blocked property report with OFAC.
- Review and analyze bi-monthly FinCEN 314(a) issued lists for possible matches within the Bank's database, wire activity and monetary instrument report.
- Report all findings to manager.
- Review and prepare Currency Transaction Reports.
- Exercise discretion in setting priorities, identifying accounts that require further investigation and taking action to obtain the information required.
- Perform any other assignments as directed by manager.
- Participate in all team meetings.
- Interact with other departments to resolve open BSA investigations
- Troubleshoot system issues with the IT department and management team
- Cross-train staff on systems
- Perform LOB training when needed
- Assist with CTRs as needed
- Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
- Adheres to Bank policies and procedures and completes required training.
- Identifies and reports suspicious activity.
- 4-6 years of banking experience with emphasis on BSA/AML compliance and sanctions payment screening required.
- Experience as a direct hired employee for large U.S. based banking institutions or the Big Four accounting firms is preferred.
- Certified Anti-Money Laundering Specialist (CAMS) preferred Or
- Anti-Money Laundering Certified Associate (AMLCA) preferred
Company Details :
Name : BankUnited
CEO : Raj Singh
Headquarter : Miami Lakes, FL
Revenue : Unknown / Non-Applicable
Size : 1001 to 5000 Employees
Type : Company - Public
Primary Industry : Banking & Lending
Sector Name : Financial Services
Year Founded : 2009
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Details
: Miami Lakes, FL
: 56616 - 85326 USD ANNUAL
: 137 days ago
