Sanction Processor

Job Description

JOB DESCRIPTION: Role Summary and Purpose - Enterprise Wire Services is currently seeking an outstanding individual to join the Sanctions Screening Department. The Wires OFAC Sanctions Screener reviews wires that have stopped in the Global Sanctions Management Operations System (GSMOS) for potential matches to the Office of Foreign Assets Control (OFAC) Specially Designated National (SDN) list or internal proprietary watch lists. Reviews and determines validity of match, releases, or escalates the transactions to the Global Sanctions Screening and Reporting Group (GSSRG) as necessary In order to be compliant with the most recent regulations and internal policies, Sanctions COE team analyzes a large amount of customer transactions in real time. Providing due diligences on the alerts which have been filtered by GSMOS/Fircosoft. Always, highly committed with the respect for the cut-offs, volumes, and quality of the first line of defense investigations performed. Check the alerts generated by the tool GSMOS/Firco-Continuity following client/third-party database scanning and transaction screening. Detect atypical operations in compliance with Sanctions & Embargoes, Anti-Money Laundering and Terrorist Financing regulations. Your main activities will be as follows: Handle 1st level alerts following filtering of interbank flows, referring to the procedures and operating procedures. Escalation to GSSRG(Compliance) for deeper analysis. Participate in the various projects related to the constantly evolving activity. Production of reporting and indicators put in place to manage the activity. Report any atypical transactions. Qualifications & Role • University degree in Business, Commerce or any other discipline • 5-6 years experience in Sanctions Screening operations / Wire Transfer processing • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment • Strong attention to detail and accuracy skills • Ability to work effectively in a team environment • Knowledge and understanding of Office of Foreign Asset Control (OFAC) compliance • Ability to work with limited supervision • Knowledge on Message types SWIFT, FED WIRE, CHIPS • Good in both verbal and written communication skills • Flexible in working in any shift Fresh graduates are welcome to apply Knowledge in transaction management (preferable) • Interbank network • Payment network systems • Management of cut-off times • Required to monitor any wires that are in the queue • Work directly with Fircosoft and trust sanctions filter • Utilize World Check/Lexis Nexis screening tools to complete any transnational analysis needed • Complete any AD HOC screening requests • Transaction workflow (swift and sepa) • Rigorous, pro-active, reactivity, curiosity, good interpersonal skills, analytical capability • Proficiency in computer skills (MS-Office)