OFAC Operations AVP OFAC Operations AVP …

Bank of China USA
in New York, NY, United States
Permanent, Full time
Last application, 21 Aug 19
DOE
Bank of China USA
in New York, NY, United States
Permanent, Full time
Last application, 21 Aug 19
DOE
The incumbent will monitor transactions processed on behalf of Bank customers and correspondent banks for OFAC and Sanctions compliance using an automated monitoring system.

Job Duties

  • Real-time Payment
  • Determine whether an OFAC alert related to wire transfers is a true match or false match
  • If information is insufficient, open an investigation
  • Case Investigation
  • Investigate confirmed cases
  • Maintain logs for OFAC reject, block, investigation cases, etc
  • Review internal list
  • Add, modify, and delete internal list

Job Requirements

  • Bilingual ability in reading/writing Chinese required
  • 1 year relevant working experience, including OFAC Sanction
  • Bachelor’s degree or above
  • Knowledge of U.S Banking regulations and compliance practice with strong emphasis on all aspects of BSA, AML, and OFAC
  • Strong communications and analytical skills
  • CAMS preferred, but not required
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