BSA/AML OFAC Compliance Specialist

BankTalent HQ; Midvale (UT); Remote; Full time

Job summary

A leading financial services company is seeking a BSA/AML OFAC Compliance Specialist for a full-time remote role. The successful candidate will conduct compliance reviews, manage alerts from various regulatory bodies, and communicate effectively with branches. Strong analytical and communication skills are essential, alongside a commitment to maintaining regulatory standards. Competitive salary and comprehensive benefits starting on day one.

Benefits

Medical, Dental and Vision Insurance - START DAY ONE!

401(k) plan with company match

Paid Time Off (PTO) and 11 Paid Federal Holidays

Tuition Reimbursement for qualifying employees

Mental health benefits including coaching and therapy sessions

Qualifications

• Requires a High School degree or equivalent and 1+ years in banking/BSA/AML compliance.
• Good understanding of BSA/AML compliance as it applies to OFAC.
• Ability to communicate effectively and manage deadlines.

Responsibilities

• Review alerts against OFAC and other lists, confirming matches.
• Communicate with branches to resolve exceptions identified.
• Document alerts and exceptions following proper procedures.

Skills

Analytical skills

Customer service skills

Communication skills

Attention to detail

Education

High School diploma or equivalent

Tools

Microsoft Word

Excel

PowerPoint

Job description

Zions Bancorporation is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the "Best Banks to Work For" and as having a top banking team in its list of "The Most Powerful Women in Banking." Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a "local" business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

With benefits starting on day one, bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

We are currently seeking a BSA/AML OFAC Compliance Specialist to join our team. This position will be a full time remote role. The ideal candidate will have the skills and experience necessary to:

* Be responsible to review alerts for all new and existing customer and related beneficial owner names against the following lists: Office of Foreign Assets Control (OFAC), Section 311 of USA PATRIOT Act Special Measure, US State Department's Terrorist Exclusion List (TEL) and Bureau of Industry and Security (BIS). Confirm matches via internal systems. If confirmed forward to the EDD team.

* Be responsible to understand OFAC sanctions and "red flags" associated with various regulations such as BSA, FATCA, UDAAP. Communication with branches to resolve exceptions identified.

* Written communication to close alerts or document exceptions identified.

* Other duties as assigned.

Qualifications:

* Requires High School degree or equivalent and 1+ years of banking, BSA/AML compliance, bank branch operations, processes, procedures or other directly related experience. A combination of education and experience may meet job requirements.

* Working knowledge of audit review process and procedures.

* Good understanding BSA/AML Compliance as it applies to OFAC.

* Basic knowledge of AML/BSA Regulatory compliance processes and procedures. Knowledge of the following regulations is limited to red flags.

* Good research, verification, analytical, customer service and communication skills, both verbal and written.

* Ability to manage deadlines, be organized, detail-oriented with a high degree of accuracy and able to multi-task.

* Must be able to meet performance expectations including Service Level Agreements and Quality Assurance review expectations for performance.

* Good follow through, attention to detail and documentation skills.

* Ability to communicate effectively with a compliance and branch staff.

* Demonstrated computer skills including typing, Work, Excel, PowerPoint.

Benefits:

* Medical, Dental and Vision Insurance - START DAY ONE!

* Life and Disability Insurance, Paid Parental Leave and Adoption Assistance

* Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts

* Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays

* 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience

* Salary Range: $17.49 to $26.65 depending on experience.

* Mental health benefits including coaching and therapy sessions

* Tuition Reimbursement for qualifying employees

* Employee Ambassador preferred banking products

* Employees may, at the company's discretion, be eligible to receive a cash bonus award