Job Title: Operations - Sanctions Specialist

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 clear determination on the proper course of action to be taken on the payment
Work closely with the U.S. and 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 USFS tea




Ensure all payments comply with BNP Paribas group payment transparency policy
Make direct contribution to BNPP operational permanent control framework
Prepare and analyze various reports as neede
Make recommendation for procedural changes where deemed necessary

Minimum Required Qualification
Associate/BA degree from accredited college/university
2 – 3 years’ experience in OFAC and Sanctions investigation
Robust 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 rapid-paced setting
The candidate must possess knowledge and basic understanding of MS Word, MS Excel, MS Outlook, MS PowerPoint

📌 Sanctions Specialist Montreal
🏢 Soho Square Solutions
📍 Montreal