Role OverviewThe Central Sanctions Unit (CSU) team in New York is responsible for the screening of Lloyds Bank, North America’s customer base and payment transactions and the investigation of alerts with respect to screening against sanctioned countries, entities, individuals and PEPs. The AVP is responsible to ensure the efficient flow and timely completion of all activities within CSU and support the Manager as needed.
What You Will Do
Review/sign-off of sanctions/PEP case alerts, applying applicable fuzzy logic and established case investigation standards, produced from customer screening, payment/SWIFT message screening, and provide back fill support for other team members during absences and scheduled time off.
Why It Might Be a Fit
The AVP will lead and support project/system testing work, manage interactions with Letter of Credit, Loan Operations, Payments Office and Compliance teams when needed, and create monthly and ad-hoc MI.
Requirements
- Familiarity with Fircosoft screening and case management tools
- Knowledge of the OFAC SDN list and purpose
- 3+ years of experience in performing Sanctions / PEP investigations
- General knowledge of US PATRIOT Act, Bank Secrecy Act, Anti Money Laundering legislation and OFAC regulations
- Experience in performing Adverse Media investigations and case decisions
- Knowledge of KYC / CIP
- An understanding of SWIFT message types and formatting
- Excellent Microsoft Office skills, including MS Word and Excel
Benefits
- Comprehensive health coverage
- Strong financial benefits including a 401(k) with company match and discretionary contribution
- Company-paid life insurance
- Short- and long-term disability coverage
- Paid family leave
- Backup child and elder care
- Employee assistance programs
- Identity theft protection
- Fitness programs
- Gym reimbursement options
- Pet insurance
- Group legal services
- Ongoing training, development, mentoring, and networking opportunities
- Opportunities to give back through volunteering and fundraising initiatives
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