Global Sanctions Analyst
Company: Disability Solutions
Location: Phoenix
Posted on: September 28, 2024
Job Description:
Job Title:Global Sanctions AnalystLocation:CityScapeWhat you'll
do:The position of Global Sanctions Analyst is a part of Financial
Crimes Compliance and reports to the Global Sanctions Manager.
Analysts are responsible for reviewing customers, accounts and
individual transactions for matches to individuals or entities that
are subject to US sanctions or appear on other lists of concern
(e.g. 314(a) or PEP). The Analyst will use various resources in
their review, including internal bank systems and external
investigative tools. In addition, analysts will be asked to
participate in special projects, prepare management reports, and be
a proactive participant in the Group's initiatives and
activities.What we are looking for: Essential Duties &
Responsibilities
- Complete timely analysis of potential sanctions matches through
interdiction software platform under intermittent supervision.
- With minimal supervision complete thorough documentation
supporting alert decisions to release, block/reject, or escalate
transactions for further review.
- Provide support to the bank's payments processing units,
bankers, and lenders pertaining to required sanctions
screening.
- Adhere to bank policies, procedures, and regulatory
requirements and to maintain a strict level of
confidentiality.
- Assist with 314(a) searches, PEP screening and/or negative news
searches, as assigned.
- Ability to document processes and/or assist with drafting of
procedures.
- Work in a team-oriented and collaborative environment to ensure
overall unit goals and deadlines are met.
- Establish working relationships with key business partners
across all lines of business.
- Assist with special projects as needed.
- Perform additional duties as required, consistent with the
goals, objectives, and responsibilities of the Group.Education,
Previous Work Experience, and Other Requirements:
- College degree or equivalent of education and experience in BSA
/ AML / OFAC compliance, audit, or related broader banking
operations preferred.
- CAMS certification preferred.
- 2+ years of related experience in the Banking or Financial
Service industry in BSA / AML / OFAC compliance, audit, or related
broader banking operations.
- 1+ years of experience and working knowledge of list screening
operations and sanctions programs: OFAC, Section 314(a), and
Section 311. Working knowledge of OFAC / Sanctions interdiction
software and / or case management software preferred.
- General knowledge of bank products including deposit, lending,
ACH, ATM, RDC and correspondent banking.
- General understanding of the payments processing function.
- Advanced knowledge of Microsoft Office, including Word, Excel,
and PowerPoint
- Ability to meet team deadlines and work with a sense of urgency
while maintaining a high level of professionalism and producing
quality results.
- Strong oral and written communication skills.Benefits you'll
love:We offer all the important things you'd want - like
competitive salaries, an ownership stake in the company, medical
and dental insurance, time off, a great 401k matching program,
tuition assistance program, an employee volunteer program, and a
wellness program. In addition, you'll have the opportunity to
bolster your business knowledge, learning the ins and outs of how
successful companies operate and manage their finances, giving you
invaluable hands-on experience to help grow your career!About the
company:Western Alliance Bank is a wholly owned subsidiary of
Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance
Association Bank, Bank of Nevada, Bridge Bank, First Independent
Bank, and Torrey Pines Bank are divisions of Western Alliance Bank;
Member FDIC. AmeriHome Mortgage is a Western Alliance Bank
company.Western Alliance Bancorporation is committed to equal
employment and will consider all qualified applicants without
regard to race, sex, color, religion, age, nation origin, marital
status, disability, protected veteran status, sexual orientation,
gender identity or genetic information. Western Alliance
Bancorporation is committed to working with and providing
reasonable accommodations for individuals with disabilities. If you
are an individual with a disability and require a reasonable
accommodation to complete any part of the application process
and/or need an alternative method of applying, please email
HR@westernalliancebank.com or call 602-386-2488. When contacting
us, please provide your contact information and state the nature of
your accessibility issue. We will only respond to inquiries
concerning requests that involve a reasonable accommodation in the
application process.-- Western Alliance Bancorporation
Keywords: Disability Solutions, Maricopa , Global Sanctions Analyst, Accounting, Auditing , Phoenix, Arizona
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