OFAC Senior Analyst I — Sanctions & Compliance Expert

Community Federal Savings Bank; New York (NY); On-site; USD 85,000 - 110,000; Full time

Job summary

Community Federal Savings Bank in New York, NY seeks a Sr. Associate, OFAC Senior Analyst I with 5 to 8 years of banking and OFAC sanctions screening experience.

Within the FCC Unit, this role analyzes OFAC alerts from the bank’s services including ACH settlement, prepaid cards, and retail banking for various customers. The analyst will investigate escalations, maintain case documentation, stay current on regulatory developments, and collaborate with other departments to ensure timely, compliant

Qualifications

• 5–8 years in OFAC or sanctions screening.
• Bachelor’s degree or related experience.
• Knowledge of BSA/AML regulatory requirements.

Responsibilities

• Investigate sanctions screening escalations and true hits; escalate per procedure.
• Assist with case tracking and quality control reviews.
• Conduct investigations ensuring timeliness and adherence to procedures.
• Review daily OFAC screening reports and document findings.
• Review FinCEN 314(a) matches and escalate as needed.
• Summarize match escalations with thorough documentation.
• Coordinate with Operations and clients to resolve issues.
• Stay updated on OFAC/AML regulatory changes and trainings.
• Utilize all tools and technologies relevant to the role.
• Suggest and help implement efficiency improvements.
• Support other Compliance teams on workflow and projects.

Skills

OFAC screening

AML knowledge

BSA regulations

Research skills

Communication

Microsoft Office

Education

Bachelor’s degree

Tools

CGI HotScan

Job description

Community Federal Savings Bank in New York, NY seeks a Sr. Associate, OFAC Senior Analyst I with 5 to 8 years of banking and OFAC sanctions screening experience.

Within the FCC Unit, this role analyzes OFAC alerts from the bank’s services including ACH settlement, prepaid cards, and retail banking for various customers. The analyst will investigate escalations, maintain case documentation, stay current on regulatory developments, and collaborate with other departments to ensure timely, compliant