Risk Specialist

First Horizon Corp.; Memphis, Northern (TN, KY); Hybrid; USD 52,000 - 76,000; Full time

Job summary

First Horizon Corp. is seeking a confidential research and investigations professional to review OFAC matches on transactions and ensure sanctions compliance. The role involves researching documentation, applying sanctions regulations, and supporting audits and exams.

The candidate will identify sanctions-related risks, assist with system testing, and make timely decisions on next steps for further investigation. Onsite location is required, with banking experience preferred.

Qualifications

• High school diploma or GED required, 0–4 years of experience.
• Banking experience preferred.
• Microsoft Office suite proficiency expected.

Responsibilities

• Review and disposition OFAC matches on real-time or in-process transactions.
• Identify transactions that could be Blocked or Rejected due to sanctions.
• Conduct internet research and gather documentation to support disposition of OFAC matches.
• Read, analyze, interpret, and apply sanctions regulations to ensure compliance.
• Assist with sanction screening system testing for new products/services and upgrades.
• Make decisions on actions for further investigation as needed.
• Support management with daily, weekly, and monthly activities.
• Participate in exams/audits by gathering data for regulators and auditors.
• Performs all other duties as assigned.

Skills

0-4 years experience

Banking experience

Microsoft Office

Education

High school diploma or GED

Tools

Microsoft Office suite

Job description

Location: Onsite listed in the job posting

Summary

The position is responsible for performing confidential research and investigations of money laundering and other financial crimes.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Review and disposition potential Office of Foreign Assets Control (OFAC) matches on real-time or in-process transactions.
• Identify transactions that have the potential to be Blocked or Rejected due to sanctions.
• Conduct internet research and obtain relevant documentation to support disposition of potential OFAC matches.
• Read, analyze, interpret, and apply sanctions regulations to ensure the Bank remains in compliance.
• Assist with sanction screening system testing for implementation of new products / services and system upgrades.
• Make decisions on appropriate action to take regarding the need for further investigation.
• Support management teams, ensuring daily, weekly, and monthly activities are completed on time.
• Participate in exams/audits by assisting in gathering of data for federal regulators, state examiners, independent auditors, and law enforcement.
• Performs all other duties as assigned.

SUPERVISORY RESPONSIBILITIES

1. No supervisory responsibilities

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:

1. High school diploma or GED and 0-4 years of experience or equivalent combination of education and experience
2. Banking experience preferred

COMPUTER AND OFFICE EQUIPMENT SKILLS

1. Microsoft Office suite