Sanctions Specialists (Contract)

Satori Consulting Group LLC; Poland; On-site; PLN 60,000 - 80,000; Full time

Job summary

A consulting firm is seeking OFAC Analysts in Poland with 4 or more years of relevant experience, including banking and OFAC sanctions screening. Candidates should have a strong understanding of compliance regulations and show professionalism in their work. Responsibilities include investigating alerts, documenting findings, and ensuring timely completion of trainings. This role demands strong analytical and communication skills, along with proficiency in Microsoft Suite tools.

Qualifications

• Minimum of 4 years in an OFAC screening role.
• CAMS certification is a plus.
• In-depth understanding of compliance and regulatory requirements.

Responsibilities

• Investigate sanctions screening alerts for possible violations.
• Document findings and report to management.
• Stay updated on regulatory changes related to OFAC sanctions.

Skills

OFAC sanction screening

Research and analysis

Communication skills

Time management

Education

Bachelor's degree or related experience

Tools

Microsoft Suite

Job description

Satori Consulting is a full service consulting and staffing firm that provides people and services to the financial services industry through a personal and detailed approach. We are seeking Office of Foreign Assets Control (OFAC) Analysts with 4 or more years of banking and OFAC sanctions screening experience. This role analyzes OFAC alerts yielded from our clients, which include banks, money services businesses and FinTech companies.

The Analyst suitable for this role will display a high degree of professionalism and integrity through their work and will possess a solid understanding of OFAC sanctions, Anti‑Money Laundering (AML) and Bank Secrecy Act (BSA) regulations.

Responsibilities

• Investigate escalations of sanctions screening of real‑time and post‑transactional alerts in automated sanctions screening solutions for potential violations of OFAC and other governmental sanctions. Investigate potential matches and true positive hits; escalate for further review and approval as required by procedure.
• Assist in ancillary duties to ensure efficient identification and monitoring of sanctioned entities, including case tracking and assisting with quality control reviewing.
• Conduct investigations to ensure that the OFAC work is handled in accordance with defined procedures that meet standards for both quality and timeliness.
• Review daily manual reports for OFAC screening, documenting the reviews and reporting findings to management as necessary.
• Review potential customer name matches and escalations from the bi‑weekly Financial Crimes Enforcement Network’s (FinCEN’s) 314(a) list.
• Succinctly and clearly summarize potential match escalations (including conducting additional research) accordingly and thoroughly document the resolution.
• Interact with other departments/lines of business on resolution of issues (e.g., Operations Department, clients).
• Stay abreast of regulatory changes and AML related news, with an emphasis on OFAC sanctions‑related developments. Ensure timely completion of all mandatory training requirements.
• Effectively utilize and operate all tools and technology appropriate to the role.
• Identify potential strategic process improvements and assist with implementation.
• Assist other teams within Compliance on workflow and project when needed.

Knowledge, Skills, and Abilities

• Experience with OFAC sanction screening of various customer types desired (e.g., Money Services Businesses such as money transmitters; pre‑paid card programs; debit card programs and retail banking customers).
• CAMS certification a plus (may be in‑process at time of hire within specified timeframe of completion).
• Familiarity with OFAC screening within ACH and wire transfer transaction threads.
• Expert level ability to obtain necessary information to classify an escalated OFAC hit as a “match” or “not a match” with minimal guidance and supervision. Ability to make accurate decisions supported by detailed documentation justifying decisions.
• Strong research, analysis, communication, writing, and follow‑up skills. Ability to identify, elevate and resolve a problem.
• Ability to liaise between internal business lines and external vendors and clients, and to work well both independently and as part of a team.
• Ability to work dependably and consistently under time constraints, and to manage time efficiently and effectively.
• In‑depth understanding of compliance and BSA/AML/OFAC regulatory requirements and implications.
• Proficiency in standard Microsoft Suite programs.

Requirements

Education, Training, and Experience

• Bachelor’s degree or evidence of directly related experience to the role. Master’s degree a plus.
• Minimum of 4 years in an OFAC screening‑specific role.