OFAC & AML Analyst — Sanctions & Investigations

WaFd Bank; Boise (ID); On-site; USD 33,000 - 42,000; Full time

Benefits offered by this job

Paid time off

Health insurance

Stock options

Bonus programs

401(k) plan

Paid Parental Leave

Life and AD&D insurance

Long-term disability

Tuition Reimbursement

Employee assistance programs

Pre-tax health and dependent-care

WaFd Bank Benefits Summary

Job summary

WaFd Bank is seeking an OFAC Analyst to support BSA/AML/OFAC compliance. You will review transactions for potential OFAC hits across multiple payment channels, document investigations, and assist the BSA Officer in maintaining regulatory adherence. A focus on accuracy and risk mitigation is essential.

The role emphasizes ongoing learning of applicable laws, with opportunities to advance within the risk and compliance function. Compensation reflects a USD hourly range and Boise, ID location.

Qualifications

• Experience in OFAC, AML, transaction monitoring and SAR drafting.
• Knowledge of Bank Secrecy Act and USA PATRIOT Act requirements.
• Ability to analyze transactions across multiple payment channels.

Responsibilities

• Investigate OFAC hits and escalate as needed.
• Review and process FinCEN 314(a) batch requests bi-weekly.
• Perform sanctions screening for customers and payments.
• Document findings and prepare case files with supporting docs.
• Stay up-to-date with BSA/OFAC regulations and bank policies.

Skills

Analytical skills

Writing ability

Attention to detail

Research skills

Communication skills

Education

Bachelor's degree

ACAMS certification preferred

Tools

Transaction monitoring systems

Online search tools

Job description

WaFd Bank is seeking an OFAC Analyst to support BSA/AML/OFAC compliance. You will review transactions for potential OFAC hits across multiple payment channels, document investigations, and assist the BSA Officer in maintaining regulatory adherence. A focus on accuracy and risk mitigation is essential.

The role emphasizes ongoing learning of applicable laws, with opportunities to advance within the risk and compliance function. Compensation reflects a USD hourly range and Boise, ID location.