OFAC Investigation VP

  • Commensurate with experience
  • New York, NY, États-Unis
  • CDI, Plein-temps
  • Non-disclosed
  • 14 nov. 17 2017-11-14

Purpose: The VP will contribute to OFAC team regarding OFAC investigation and provide necessary recommendations. Through investigation, protect the bank from historical and future breaches.

Job Duties:

OFAC Investigation

  • Conducts investigations on all returned payments and other related sanctions events.
  • Makes recommendations to remediate underlying cause of breach.
  • Conducts or leads all sanctions related lookbacks.
  • Responds to subpoena requests.
  • Prepares voluntary disclosure.
  • Voluntary self-disclosure processing
  • Business line investigations
  • Potential sanctions circumvention analysis and reporting
  • Returned transaction analysis and remediation
  • Forensic regulatory lookback and remediation process
  • Environment and potential impact analysis for geo political events



  • 5 plus years banking industry and BSA/AML & OFAC internal control.
  • CAMs preferred
  • Knowledge of Sanction policy and OFAC, knowledge of U.S. Banking regulations and compliance practice, compliance risk management
  • General Skills: Business acumen; communication skill, creative problem solving skill; leadership and management skill; analytical skill; writing skill; technical skill; project management skill; relationship management skill; team work; planning and organizing skill; coaching skill.
  • General Knowledge: Knowledge of Sanction policy and OFAC, knowledge of U.S. Banking regulations and compliance practices, as well as knowledge of compliance risk management.
  • Specialty Knowledge: Knowledge of U.S. Banking regulations and compliance practice with strong emphasis on all aspects of BSA, AML and OFAC. Comprehensive knowledge of BSA/AML and OFAC related regulations and ability to implement the banks policies and procedures.