US Analyst - AML / OFAC Compliance Officer

Summary:

This position is placed within the Advisory group of the Financial Security team. The position’s main responsibilities are centered on the following: reviewing and validating high risk KYC files, and providing AML and/or sanctions related guidance to the Bank’s staff on proposed transactions. He/she is expected to have knowledge of current anti-money laundering regulations, policies and requirements as per the Bank Secrecy Act, and the USA Patriot Act.

Key Responsibilities:

• Assist to review and validate of High Risk KYC files to ensure completeness and compliance with Bank policies and Regulatory Requirements.
• Assist to review and issue regulatory guidance to Bank staff on proposed activities and transactions.
• Review daily transactions to ensure that all activity is in compliance w/ current BSA/AML regulatory standards.
• Review Sanction and PEP alerts.
• Assist with the analysis of updates in regulations and/or policies to ensure that the Bank is compliant with US regulations, as well as the Bank’s policies and procedures.
• Assist with the implementation of any new requirements that come as a result of new regulations or policies and procedures.
• Assist to provide guidance to Front Office and Support staff on AML specific queries concerning proposed customers and/or transactions.
• Assist with analysis of data for the Bank’s BSA/AML and OFAC Risk Assessments.