What are the responsibilities and job description for the BSA OFAC Analyst I position at East West Bank?
Introduction
Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Greater China, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.
Overview
East West Bank is currently seeking a BSA Analyst I – OFAC
Responsibilities
- Review OFAC alerts and perform screening, communication with business units for information relating to OFAC reviews
- Keep abreast on various OFAC sanctions and related regulations
- Perform screenings related to FinCEN314a, 311 special measures, negative news, PEP, etc.
- Review and maintain various reports for accuracy, monitor and refer suspicious activities to the appropriate BSA units for further investigation
- Collaborate with team members
- Assume other responsibilities as needed
Qualifications
- 2-3 years of financial fraud, BSA or banking experience
- Excellent communication and organizational skills
- Strength for accuracy and attention to detail
- Ability to manage daily alert volumes and multitask
- Service oriented with sense of urgency, strong reasoning and analytical skills
- Basic PC literacy - Windows/Excel/PowerPoint
- Open to Pasadena, CA and Katy, TX locations
Professional working proficiency in Mandarin and or Cantonese is a plus.
- Minimum of 2 years of OFAC/Sanctions experience at a financial institution
Compensation
The base pay range for this position is USD $25.00/Hr. - USD $30.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.Salary : $25 - $30
