Regulatory Compliance Specialist
3 days ago
Regulatory Compliance Specialist - Sanctions Program
Job Summary
We are seeking a highly skilled Regulatory Compliance Specialist to join our sanctions program team. As a key member of our compliance department, you will play a critical role in supporting sanctions programs, conducting reviews, and ensuring regulatory excellence.
Key Responsibilities
- SUPPORTS THE SANCTIONS COMPLIANCE OFFICER WITH CUSTOMER SCREENINGS, TRANSACTION REVIEWS, REGULATORY COMPLIANCE, AND RISK MANAGEMENT.
- ENSURES ADHERENCE TO OFAC, BSA, AND INTERNAL POLICIES WHILE ASSISTING WITH INVESTIGATIONS AND REGULATORY EXAMS.
- STAYS INFORMED ON UPDATES TO OFAC AND BSA REGULATIONS, ENSURING TASKS ALIGN WITH REGULATORY REQUIREMENTS AND ADVISING ON POTENTIAL IMPACTS TO THE BRANCH OR BANK.
- CONDUCTS SANCTION-RELATED SCREENING, INCLUDING CUSTOMER, TRADE FINANCE, AND OTHER REQUIRED REVIEWS, WHILE SERVING AS A LEVEL 1 REVIEWER AND ASSISTING LEVEL 2 REVIEWERS AS NEEDED.
- IDENTIFIES AND ESCALATES POTENTIAL REGULATORY COMPLIANCE GAPS WITHIN THE SANCTION PROGRAM AND MAINTAINS COMPLIANCE WITH ALL APPLICABLE LAWS, REGULATIONS, AND ETHICAL STANDARDS.
- DRAFTS INQUIRIES FOR OFAC INVESTIGATIONS AND HANDLES MANUAL RETURNS FOR CANCELED TRANSACTIONS IN SUSPENSE ACCOUNTS.
- DEMONSTRATES RISK AWARENESS BY FOLLOWING ALL POLICIES, PROCEDURES, AND INTERNAL CONTROLS, TAKING ACCOUNTABILITY FOR IDENTIFYING AND ESCALATING RISKS.
Requirements
- • Bachelor's Degree
Salary
$85,000 - $110,000 per year, depending on experience and qualifications.
Benefits
Trevose Partners Limited offers a comprehensive benefits package, including health insurance, retirement plan, and paid time off.
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