OFAC & BSA Compliance Specialist II

Amerant Bank NA; Florida; On-site; USD 90,000 - 115,000; Full time

Job summary

Amerant Bank NA is seeking a BSA OFAC Specialist II to review and research potential government sanctions matches, document findings, and escalate to the BSA AML OFAC Risk & Controls Officer when appropriate. The role involves querying the 314a list, investigating matches, and filing reports to OFAC and FinCEN.

Responsibilities include monitoring daily screening results, conducting investigations on escalated alerts, and providing expert guidance on OFAC compliance for new business initiatives.

Qualifications

• Bachelor's degree required; AML/BSA/OFAC certifications are a plus.
• 3-5 years of relevant compliance experience (BSA/AML and OFAC).
• Strong knowledge of BSA/AML and OFAC regulations and reporting requirements.

Responsibilities

• Review OFAC hits and disposition alerts in the screening system.
• Conduct investigations on escalated OFAC alerts and request information from business units.
• File OFAC reports with OFAC and FinCEN and maintain logs and documentation.
• Perform testing to ensure updates to OFAC lists are uploaded and accurate.
• Refer 314a matches to the Financial Intelligence Unit for enhanced due diligence.
• Provide guidance on OFAC compliance in daily bank operations.

Skills

BSA/AML knowledge

OFAC knowledge

Regulatory compliance

Education

Bachelor's Degree in Business Administration or Finance

Tools

MS Word

MS Excel Advanced

MS PowerPoint

Job description

Amerant Bank NA is seeking a BSA OFAC Specialist II to review and research potential government sanctions matches, document findings, and escalate to the BSA AML OFAC Risk & Controls Officer when appropriate. The role involves querying the 314a list, investigating matches, and filing reports to OFAC and FinCEN.

Responsibilities include monitoring daily screening results, conducting investigations on escalated alerts, and providing expert guidance on OFAC compliance for new business initiatives.