Overview:

TekWissen is a global workforce management provider headquartered in Ann Arbor, Michigan that offers strategic talent solutions to our clients world-wide. Our client is a company who is a provider of banking and financial services. The company operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking.

Position: Sanctions Enforcement Specialist

Location: Montreal, QC H3A 2A6

Duration: 6 Months

Job Type: Temporary Assignment

Work Type: Onsite

Job Description:

- Reviews and tracks business transactions and activities for a given subset of the organization and confirms compliance with international regulations, laws and ordinances.
- Identifies and investigates sanction violations, conducts research on regulations causing violations, and collects evidence to identify the root causes of sanction violations.
- Documents and archives sanction violation incidents for future reporting, transaction processing, and reference for new business operations.
- Analyzes risks associated with given transactions and operations and determines appropriate solutions to address the risks.
- Stays knowledgeable about international law and sanction updates to keep the organization informed.

Responsibilities:

- Perform a Level 2 review of transactions that are referred to the OFAC Exception queue for potential sanctions violations and manage the queues in order to ensure our deadlines are being met.
- Conduct investigation on payments that need to be held for regulatory reasons pending additional information and monitor case investigations to make sure that proper follow-ups are being made and responses are being addressed in a timely manner.




- Analyze information obtained from case investigations to make a transparent determination on the proper course of action to be taken on the payment.
- Work closely with the Group Financial Services, Legal and the Treasury in performing wire transfer searches or handling regular case investigations when deemed necessary.
- Ensure that all transactions escalated for Level 2 review are compliant to all external and internal regulations and policies.
- Validate vender added file uploads to our filtering systems to ensure that list changes, additions or deletions are updated to the systems accurately and add/modify/delete entities to the local list as requested by the team
- Ensure all payments comply with Client group payment transparency policy.
- Make direct contribution to Client operational permanent control framework.
- Prepare and analyze various reports as needed
- Make recommendation for procedural changes where deemed necessary.

Minimum Required Qualifications:

- Associate/BA degree from accredited college/university.
- 2 3 years' experience in OFAC and Sanctions investigation.
- Strong understanding of Regulatory awareness, and the regulations that govern it.
- Proficient knowledge and understanding of the OFAC processes and procedures.
- Knowledgeable of Funds Transfer operations as well as the rules and regulations that govern it.
- (This will include CHIPS, Fedwire, SWIFT, LYNX and ACH).
- Excellent communication, verbal and written skills, as well as, attention to detail and accuracy.
- Self-motivated and ability to multi-task in a high-volume and fast-paced environment.
- The candidate must possess knowledge and basic understanding of MS Word, MS Excel, MS Outlook, MS PowerPoint

Preferred Qualifications:

- ACAMS/ACSS certified.

TekWissen Group is an equal opportunity employer supporting workforce diversity.

📌 Sanctions Specialist (Montreal)
🏢 Tekwissen
📍 Montreal