Sanctions Screening Analyst

Location
Baltimore, MD

Job Type
Contract Full-Time

Pay Rate
$33.34

Sanctions Screening Analyst
Duration: 6 months
Pay Rate: $33.34
Work Location: 100 South Charles Street, Bank Of America building, Baltimore, Maryland, USA 21201

Top 3 Skills:

  • Familiarity with U.S. sanctions
  • Adherence to SLAs/due dates
  • Risk-based decision making

Primary Responsibilities:

  • Review and monitor alerts on client accounts and transactions for potential matches to designated sanctions targets and prohibited persons lists
  • Review incoming/outgoing wire payment/transaction exceptions generated from government watch list alerts, including evaluating and analyzing payments/transactions to determine approval, rejection or the need for further investigation
  • Conduct due diligence searches in various third-party and internal databases
  • Assist with compliance with USA PATRIOT Act requirements (e.g., CIP, Foreign Bank Certification, Section 312) relating to certain of the Banks’ business sectors

Skills Required:

  • 4 year college degree with strong academic credentials
  • 1-3 years of experience within a broker-dealer and/or banking institution in an AML/compliance or internal audit capacity or experience within a financial services regulatory agency
  • Strong understanding of the financial markets and banking, including broker-dealer product-based knowledge
  • Excellent written and verbal communications skills, attention to detail and strong time management skills
  • Ability to research and resolve issues independently while working across teams to acquire information.
  • Ability to use various PC, MS Office and internet applications and tools to support AML processes
  • Have demonstrable good judgment (e.g. able to apply regulatory requirements to unique transaction/client situations)
Highly motivated with the ability to multi-task and remain organized in a fast-paced environment

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