JerseyCityRecruiter Since 2001
the smart solution for Jersey City jobs

Sanctions Officer

Company: US Tech Solutions
Location: Jersey City
Posted on: June 19, 2022

Job Description:

Sanctions OfficerLocation: Jersey City, NJ/HybridDuration:4+ months contract Responsibilities:

  • Provide advice to various lines of business on sanctions regulations and internal sanctions policies.
  • Conduct Sanctions focused enhanced due diligence on trade finance activities (e.g. letters of credit) and identify Sanctions risks and red flags.
  • Investigate and decision escalations and alerts from transactional, static data, client onboarding and other escalation sources. Thoroughly document and maintain related investigation files.
  • Ensure escalation of significant sanctions-related matters to the Head of Sanctions Compliance.
  • Perform ad hoc investigations and analysis in support of block/reject reports, or voluntary disclosures to OFAC, of any regulatory enquiries, and as requested.
  • Assist with coordination of materials for internal and external Sanctions-related examinations.
  • Assist with remediation efforts related to the Sanctions compliance program.
  • Keep abreast of sanctions regulatory developments and of internal sanctions policies.
  • Assist with Sanctions related projects and initiatives.
  • Perform other duties as assigned.
  • Comply with applicable BNPP policies governing employee work and conduct.Minimum Required Qualifications
    • Five years + of experience in a financial services industry or regulatory environment; at least 3 years in OFAC/ Financial Sanctions compliance.
    • Bachelor's degree from an accredited college/university in Accounting, Finance, Legal, Economics or related discipline.
    • Strong analytical skills to review and analyze Sanctions related inquiries and escalations.
    • Strong investigative skills for potential Sanctions violation and trends
    • Strong computer skills, particularly MS Excel and MS Powerpoint
    • Strong written and oral presentation skills
    • Possess a strong understanding of corporate governance and the OFAC, EU, French Sanctions regulatory environment
    • Ability to understand the importance of privileged and confidential information
    • Ability to work on multiple projects and meet timely deadlines

Keywords: US Tech Solutions, Jersey City , Sanctions Officer, Other , Jersey City, New Jersey

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest New Jersey jobs by following @recnetNJ on Twitter!

Jersey City RSS job feeds