OFAC Sanctions Specialist
Jersey City, NJ
Contract – 6 Months with extension
Reviews and tracks business transactions and activities for a given subset of the organization and confirms compliance with international regulations, laws and ordinances. Identifies and investigates sanction violations, conducts research on regulations causing violations, and collects evidence to identify the root causes of sanction violations.
Documents and archives sanction violation incidents for future reporting, transaction processing, and reference for new business operations. Analyzes risks associated with given transactions and operations and determines appropriate solutions to address the risks.
Stays knowledgeable about international law and sanction updates to keep the organization informed.
Minimum Required Qualifications
- Associate/BA degree from accredited college/university.
- 2 – 3 years' experience in OFAC and Sanctions investigation.
- Strong understanding of Regulatory awareness, and the regulations that govern it.
- Proficient knowledge and understanding of the OFAC processes and procedures.
- Knowledgeable of Funds Transfer operations as well as the rules and regulations that govern it.
- (This will include CHIPS, Fedwire, SWIFT, LYNX and ACH).
- Excellent communication, verbal and written skills, as well as, attention to detail and accuracy.
- Self-motivated and ability to multi-task in a high-volume and fast-paced environment.
- The candidate must possess knowledge and basic understanding of MS Word, MS Excel, MS Outlook, MS PowerPoint
Preferred Qualifications:
- ACAMS/ACSS certified
OFAC Sanctions Specialist in jersey city at Unknown Company
This position is listed as contract and onsite.