Sanctions Compliance Operations Analyst

Bank of America; Richmond (VA); On-site; USD 34,000 - 45,000; Full time

Benefits offered by this job

Competitive benefits

Job summary

Bank of America in Richmond, VA is seeking a sanctions analysis professional to support the Center of Excellence for economic sanctions monitoring. You will investigate OFAC alerts and review domestic and international transactions to ensure regulatory compliance across multiple client segments.

The role emphasizes accurate data handling, basic reporting, and collaboration with partners to implement new products and processes while maintaining strong risk-management and regulatory adherence.

Qualifications

• Minimum 1 year of experience in financial services, operations, compliance, sanctions, or a related risk management environment.
• Experience working in a highly regulated, production‑driven environment with a strong focus on compliance, accuracy, and risk mitigation.
• Ability to remain focused in a repetitive environment.
• Ability to navigate through multiple systems while maintaining data integrity.
• Analytical and detail oriented; ability to make accurate and timely decisions.
• Good oral and written communications skills.
• PC proficiency and excellent keyboarding/typing skills/data entry.
• Ability to work independently, as well as, within a team.
• Overtime as required.

Responsibilities

• Investigate OFAC alerts for both domestic and international consumer, commercial and wholesale bank businesses or services functions.
• Reviewing and processing OFAC transactions to meet compliance requirements.
• Performs item processing functions under moderate supervision within a process that has built‑in checks and balances.
• Ensures quality service and effective and efficient operations support for the assigned area's internal business partners and/or external customers/clients.
• Basic level reporting.
• Assists with coordination of implementation for products, services, and operational solutions.
• Supports the design, documentation, implementation, and monitoring of new products and services.
• Provides guidance regarding procedural, technical, and operational changes.
• Expands business products knowledge within operations environment.
• Builds network by developing relationships with partners and teammates.
• Inspects data to identify issues and trends.
• Collects and interprets data to validate operational processes.

Skills

Attention to Detail

Monitoring, Surveillance, and Testing

Data Management

Research

Critical Thinking

Reporting

Written Communications

Process Performance Management

Strategic Thinking

Education

College degree or equivalent work experience

Job description

Bank of America in Richmond, VA is seeking a sanctions analysis professional to support the Center of Excellence for economic sanctions monitoring. You will investigate OFAC alerts and review domestic and international transactions to ensure regulatory compliance across multiple client segments.

The role emphasizes accurate data handling, basic reporting, and collaboration with partners to implement new products and processes while maintaining strong risk-management and regulatory adherence.