What are the responsibilities and job description for the Financial Crimes Sr Investigator I - Sanctions position at Truist Bank?
Language Fluency: English (Required)
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109Please review the following job description:
Responsible for timely, comprehensive investigations of complex transactions and client relationships to ensure consistency with applicable sanctions laws and regulations. Requires a technical understanding of U.S. economic and financial sanctions (primarily OFAC).The annual base salary for this position is $90,000-$130,000.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Responsible for timely investigation, technical analysis, and disposition of alerts related to complex transactions, trade documents, and other business unit activities to support Truist’s compliance with applicable sanctions laws and regulations.
2. Communicate with Relationship Managers, branch associates and others as needed to gather additional client information.
3. Act as a point of contact for internal sanctions-related questions and support. Assist business units with on-going second level support.
4. Utilize a wide variety of research and transaction monitoring tools to inform analyses regarding sanctions risk and exposure.
5. Maintain strong knowledge of applicable current and proposed sanctions laws and regulations.
6. Participate in sanctions and AML/CFT training that may include webinars, periodicals, and self -study in order to stay abreast of the sanctions and AML laws and regulations.
7. Maintain general awareness of national and world events and industry trends relating to sanctions compliance to mitigate the company's reputation or regulatory risk.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. College degree.
2. Minimum of three years of economic and financial sanctions experience through work in a financial institution or relevant government agency.
3. Technical understanding of U.S. economic sanctions regulations and laws (particularly OFAC) and experience applying sanctions regulations against specific fact patterns; thorough technical understanding of U.S. economic sanctions regulations and laws (particularly OFAC) and experience applying sanctions regulations against specific fact patterns.
4. Ability to work collaboratively with a team to provide sanctions compliance advice to business units with respect to applicability of policies and implementation of the economic sanctions program and regulatory changes.
5. Ability to work independently, under time constraints, and manage time efficiently and effectively.
6. Ability to liaise among internal teams, external business units, and other stakeholders.
7. Strong investigative research and documentation skills.
8. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
Preferred Qualifications:
1. Strong analytical and critical thinking skills with the ability to identify and define issues, establish facts, analyze moderately complex information, and develop substantiated conclusions with minimal supervision.
2. Familiarity with export controls (BIS).
3. Excellent verbal and written communication skills; ability to communicate effectively with senior Global Sanctions leadership, business unit managers and external entities.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Salary : $90,000 - $130,000
