Sanctions Compliance Operations Analyst

National Black MBA Association; Richmond (VA); On-site; USD 34,000 - 44,000; Full time

Benefits offered by this job

Benefits eligible

Job summary

Bank of America is seeking an analyst to help analyze day-to-day sanctions-related issues within the Sanctions Screening Center of Excellence. You will research, resolve, and report on OFAC alerts, supporting defined procedures and routine analytics.

The role involves coordinating with global teams, maintaining data integrity across systems, and providing guidance on changes to processes and tools. 2nd shift, Richmond, VA, with 40 hours per week.

Qualifications

• Required Qualifications include at least 1 year in financial services, operations, compliance, sanctions, or risk management.
• Experience in a highly regulated, production-driven environment with emphasis on compliance, accuracy, and risk mitigation.
• Demonstrated ability to maintain data integrity across multiple systems.

Responsibilities

• Investigate OFAC alerts for domestic and international banking businesses.
• Review and process OFAC transactions to meet compliance requirements.
• Perform item processing under supervision with checks and balances.
• Provide quality service and support to internal partners and external clients.
• Create basic reports and assist with product/operational solution coordination.
• Support design, documentation, implementation, and monitoring of new products/services.
• Offer guidance on procedural, technical, and operational changes.
• Expand knowledge of business products within operations.
• Build networks with partners and teammates.
• Inspect data to identify issues and trends; interpret data to validate processes.

Skills

Attention to Detail

Customer and Client Focus

Monitoring, Surveillance, and Testing

Process Performance Management

Research

Adaptability

Business Analytics

Critical Thinking

Reporting

Written Communications

Data Management

Policies, Procedures, and Guidelines

Process Design

Process Effectiveness

Strategic Thinking

Education

College degree or equivalent work experience

Job description

Bank of America is seeking an analyst to help analyze day-to-day sanctions-related issues within the Sanctions Screening Center of Excellence. You will research, resolve, and report on OFAC alerts, supporting defined procedures and routine analytics.

The role involves coordinating with global teams, maintaining data integrity across systems, and providing guidance on changes to processes and tools. 2nd shift, Richmond, VA, with 40 hours per week.