Operations Specialist (Level II) at New York

Job Description

s an individual contributor, assist manager in the implementation and execution of money laundering or economic sanctions risk management practices relevant to the specialists specific area of responsibility, requiring some direction, but little day-to-day guidance from the specialists manager. Assists manager in developing a positive and trusting relationship with key business leaders and their teams that are relevant to the specialists specific area of responsibility. Assists manager, as directed, with matters involving key regulatory and law enforcement officials relevant to the specialists specific area of responsibility. Assists manager, as directed, with matters involving counterparts in other relevant financial institutions, trade groups, and associations relevant to the specialists specific area of expertise. No previous money laundering or economic sanctions risk management experience is required; however, some basic money laundering or economic sanctions risk management experience in a financial institution or government position is preferred. An associate or bachelors degree or equivalent from a college or an accredited university is preferred. Certification in a professional association such as the Association of Certified Anti-Money Laundering Specialists (CAMS) is preferred.
Specific Responsibilities:
.Analyze and resolve alerts generated through the companys various economic sanctions / OFAC filtering applications.
Investigate matters escalated by other filtering areas to arrive at final determination as to whether an item may be a positive match to an economic sanctions / OFAC target.
Create and manage virtual files related to investigations in the case management system and follow-up with relevant parties to ensure completion of cases within required timeframes.
Conduct targeted economic sanctions / OFAC related reviews of client accounts or other activity for evidence of possible violations.
Undertake detailed research of customer and other data from internal and external sources to make informed decisions regarding proper disposition of cases.
Provide support and economic sanctions / OFAC guidance to other business areas referring potential OFAC matches.
Assist in implementation of monitoring routines for first-level sanctions review areas, to include development of key risk metrics, daily or weekly monitoring of such metrics, escalation of emerging issues to management, and liaison with first-level sanctions review areas globally.

Suppliers must use the job seeker comments section to document how each job seeker meets or exceeds these requirements at the time of submission. All job seekers submitted must meet or exceed the following minimum requirements:
1. Good operations and clerical skills
2. MS Office and internet
3. Quick learner
4. Research and writing skills
5. Very detailed
6. Able to priortize and multitask in a fast paced environment
7. Analytical

Job Requirements

 
Country: USA, State: New York, City: New York, Company: Open Systems Technologies - TN.