OFAC Compliance Analyst I – Sanctions & AML Focus

CFSB; New York (NY); On-site; USD 75,000 - 110,000; Full time

Job summary

Community Federal Savings Bank (CFSB) is a federally chartered bank in New York City, focused on embedded finance and BaaS solutions while maintaining strong regulatory and compliance standards.

As an OFAC Analyst in the Financial Intelligence Unit, you will analyze sanctions alerts across our banking services, ensure accurate classification, and document decisions with attention to detail. You will collaborate across departments and stay current with OFAC and AML/BSA regulatory changes.

Qualifications

• 1–3 years in an OFAC screening role or similar compliance function.
• Familiarity with OFAC within ACH and wire transfer contexts.
• Ability to classify hits with minimal guidance and document decisions clearly.

Responsibilities

• Conduct sanctions screening of real-time and post-transactional alerts.
• Investigate matches and escalate as required by procedures.
• Review daily OFAC screening reports and document findings for management.
• Escalate potential sanctions violations and document resolutions.
• Interact with Operations, clients, and other departments to resolve issues.
• Stay updated on regulatory changes and mandatory training.

Skills

OFAC screening

Investigative reporting

Regulatory knowledge

Communication

Documentation

Team collaboration

Time management

Tools

CGI HotScan

Microsoft Office

Job description

Community Federal Savings Bank (CFSB) is a federally chartered bank in New York City, focused on embedded finance and BaaS solutions while maintaining strong regulatory and compliance standards.

As an OFAC Analyst in the Financial Intelligence Unit, you will analyze sanctions alerts across our banking services, ensure accurate classification, and document decisions with attention to detail. You will collaborate across departments and stay current with OFAC and AML/BSA regulatory changes.