Provide advice to various lines of business on sanctions regulations and internal sanctions policies.
Investigate and decision alerts from transactional, static data, client onboarding and other filtering processes. Thoroughly document and maintain related investigation files.
Ensure escalation of significant sanctions-related matters to the OFAC Compliance group head.
Perform ad hoc investigations and analysis in support of voluntary disclosures to OFAC and any regulatory enquiries, and as requested.
Assist with coordination of materials for internal and external OFAC/sanctions-related examinations.
Keep abreast of sanctions regulatory developments and of internal sanctions policies.
Perform other duties as assigned.
Comply with applicable BNPP policies governing employee work and conduct.
5 + 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.
Must possess strong: o Analytical skills to review and analyze OFAC inquiries and hits for resolutions. o Investigative skills for potential OFAC violation and trend o Computer skills including MS Office Suite particularly MS Excel o Written and oral presentation skills o Strong understanding of corporate governance and the OFAC regulatory environment
Ability to: o Understand the importance of privileged and confidential information o Manage multiple projects and meet timely deadlines