Global AML and Sanctions Analyst
About the position Why join this team Responsible for the coordination of the Credit Union’s overall compliance with applicable rules, regulations and statutory requirements by assisting in maintaining a comprehensive compliance program. This position is expected to be hybrid. NYC Salary Range - $80,070 - $82,000 annually; compensation is commensurate to geographic location. What you'll do Regardless of seniority or role, uphold UNFCU’s mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors. Possess adequate knowledge of BSA/AML, as well as other regulatory and compliance issues associated with a financial institution, including familiarity with OFAC and USA PATRIOT Act issues. Analyze new and existing members for potential OFAC matches using Prime Compliance Suite. Review required OFAC reports and notifications as required by law, rule or regulation; report findings to management. Review new members to ensure compliance with UNFCU’s Customer Identification Policy. Execute filing and monitoring of Currency Transaction Reports. Review accounts for suspicious activity and assist in filing reports where applicable. Assist with regulatory examinations, including Internal Audit. Assist with the implementation of new regulations as they apply to UNFCU. Maintain department databases and reports associated with compliance regulations. Liaise with other departments to review and approve transactions for members in OFAC restricted countries. Assist with evaluating existing written policies and procedures and the training and development of such policies and procedures. Participate in Credit union training programs. Perform additional responsibilities as assigned. Ensure compliance with federal and state laws and regulations and UNFCU’s Code of Ethics & Business Conduct.
Responsibilities
- Analyze new and existing members for potential OFAC matches using Prime Compliance Suite.
- Review required OFAC reports and notifications as required by law, rule or regulation; report findings to management.
- Review new members to ensure compliance with UNFCU’s Customer Identification Policy.
- Execute filing and monitoring of Currency Transaction Reports.
- Review accounts for suspicious activity and assist in filing reports where applicable.
- Assist with regulatory examinations, including Internal Audit.
- Assist with the implementation of new regulations as they apply to UNFCU.
- Maintain department databases and reports associated with compliance regulations.
- Liaise with other departments to review and approve transactions for members in OFAC restricted countries.
- Assist with evaluating existing written policies and procedures and the training and development of such policies and procedures.
- Participate in Credit union training programs.
- Perform additional responsibilities as assigned.
- Ensure compliance with federal and state laws and regulations and UNFCU’s Code of Ethics & Business Conduct.
Requirements
- Bachelor’s degree in Accounting, Finance or Business Administration
- 3 years of experience in operations or compliance
- Working knowledge of Microsoft Word, Excel and PowerPoint
- Possess adequate knowledge of BSA/AML, as well as other regulatory and compliance issues associated with a financial institution, including familiarity with OFAC and USA PATRIOT Act issues.
Nice-to-haves
- Excellent oral and written communication skills
- Strong interpersonal and analytical skills
- Ability to simultaneously handle multiple tasks and changing priorities in an efficient manner
- Well organized and detail oriented
- Ability to work independently
- Ability to work with all levels of management and Credit Union staff, as well as members
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