Qureos Mentor

Safra National Bank

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 The BSA / OFAC Analyst
 
 
 
 
 
 
 Safra National Bank of New York ("Safra National") is a nationally chartered U.S. Bank supervised by the Office of the Comptroller of the Currency and member of the Federal Reserve and the Federal Deposit Insurance Corporation (&ldquo;FDIC&rdquo;). Headquartered in New York, with a branch in Florida and representative offices in Brazil, Chile, Mexico and Panama, Safra National is a leading private bank with a devoted team of relationship managers serving many sophisticated U.S. and international high net worth clients, with focus on Latin America.
 
 
 
 
 
 
 
 
 
 Job Description
 
 
 
 
 
 
 The Compliance Associate (BSA / OFAC Analyst) is responsible for assisting the BSA/AML/OFAC Team in executing compliance functions of the Bank's OFAC/BSA Program. Research BSA/AML/OFAC alerts and conduct thorough investigations and document results. Review account relationships and perform due diligence. Support Compliance department goals as defined.
 
 
 
 
 
 
 
 
 
 Key Responsibilities
 
 
 
 
 
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 Reviews real-time or in-process transactions with potential OFAC matches to ensure compliance with OFAC sanctions
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 Perform Due Diligence using proprietary, subscription and public databases, research entities related to the transactions
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 Analyze transactions and transaction patterns related to Private Bank client activity to identify specific and anomalous activity for AML purposes
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 Assisting in completing general compliance functions as required
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 Other duties related to BSA compliance may be assigned
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 Review system generated alerts, assess impact to AML processes, conduct research as required, and document results in written format.
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 Determines if noted activity is suspicious or not suspicious, by collecting support documentation of cash, check, ACH, wire transfers, monetary instrument, and other transactions, to justify the determination made.
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 Write suspicious activity reports, address sanctions alerts, and other applicable AML processes in accordance with regulatory expectations and departmental procedures.
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 Completes all processes related to the filing of SARs.
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 Resolving any issues necessary to complete reviews and liaising with other departments
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 Completing general compliance functions as required
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 Maintain current knowledge of laws, regulations, policies and procedures applicable to the job assignment.
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 Other duties related to BSA compliance may be assigned
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 </ul>
 
 
 
 
 
 
 
 
 Requirements
 
 
 
 
 
 <ul>
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 Knowledge of AML/BSA/OFAC rules, regulations
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 Finance/Banking background
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 Excellent judgment and assessment skills; pro-actively employs personal curiosity to identify and research transactions and transaction-related-parties using a risk-based approach
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 Meet or exceed quality, productivity and timeliness goals
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 Excellent communication skills as evidenced by the ability to concisely and meaningfully explain and support research conclusions, both in written and verbal formats
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 Excellent organization and prioritization skills; follows through to complete deliverables timely
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 Excellent work ethic (respectful, honest, considerate, self-motivated, can reliably work independently, works well under pressure, readily adapts to changing work priorities, is accountable)
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 Proficient in MS excel (sort, pivot tables). Knowledge of MS Access is a plus
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 Demonstrates initiative, creativity and teamwork within the framework of the position responsibilities
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 Bachelor&rsquo;s Degree
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 Spanish and/or Portuguese Speaking is a plus
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 </ul>
 
 
 
 
 
 
 
 
 
 
 
 Safra National Bank is an Equal Employment Opportunity
 
 
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Compliance Associate (BSA/AML) Analyst

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Safra National Bank

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Compliance Associate (BSA/AML) Analyst