Sanctions Compliance Operations Advisor

Financeroles; Florida; On-site; USD 60,000 - 96,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Benefits eligible

Job summary

Bank of America is seeking a sanctions screening professional to perform day-to-day resolution of complex problems and execute sanctions-related transactions within the Sanctions Screening Center of Excellence in the United States. The role supports global payment operations and ensures adherence to economic sanctions programs.

You will advise on the design, development, and implementation of complex processes, monitor queues, and collaborate with lines of business to retrieve information and

Qualifications

• 2+ year experience in Operations or Compliance; Economic Sanctions experience highly desired.
• Experience & Knowledge of economic sanctions program requirements and disposition of sanctions alerts or extensive background with WTX and/or ACH experience
• Experience in client due diligence and KYC
• Highly organized individual - Demonstrates a bias for action and a commitment to achieving sustainable results. Makes timely and fact based decisions
• Analytical and detail oriented.
• Ability to work under pressure, meet deadlines and navigate change
• Ability to work independently, as well as, within a team.
• Strong risk framework and approach.
• Ability to prioritize, use own initiative and be flexible
• Good oral and written communications skills.
• PC proficiency and excellent Keyboarding/Typing skills.
• Schedule: Sunday -Thursday
• Ability to work additional hours outside of the standard work schedule as business needs dictate.

Responsibilities

• Perform sanctions reviews on a variety of different Transactions and/or Relationships
• Ensure compliance with regulators such as OFAC (Office of Foreign Assets Control)
• Monitor queue volumes and priorities
• Communicate with different Lines of Business to retrieve information or advise of adverse decisions
• Advises on the design, development, and implementation of complex products, systems, and services in an operations environment using discretionary judgment
• Advises on projects and directs activities of a team related to special initiatives
• Advises as a technical expert in assigned area, providing an understanding of the business unit's operations processes and implications on other groups within the operations function
• Consults on present-state, develops alternative future-state approaches, and facilitates implementations by creating a clear and coherent approach to guide effective program/initiative setup, execution, and control
• Identifies and recommends responsibilities and accountabilities for key programs/projects

Skills

Operations experience

Compliance experience

Analytical thinking

Attention to detail

Teamwork

Job description

Bank of America is seeking a sanctions screening professional to perform day-to-day resolution of complex problems and execute sanctions-related transactions within the Sanctions Screening Center of Excellence in the United States. The role supports global payment operations and ensures adherence to economic sanctions programs.

You will advise on the design, development, and implementation of complex processes, monitor queues, and collaborate with lines of business to retrieve information and