Overview

To support day-to-day Office of Foreign Assets Control (OFAC) operations. To respond to ad-hoc OFAC related queries. Maintain knowledge of OFAC history, regulations, and industry guidance.

Responsibilities

• Investigate various types of transactions/activities/cases including possible sanctions evasion and transactions potentially matching government watch lists (i.e. OFAC's SDN list)
• Compile, prepare and maintain data for analysis and reference
• Create detailed reports of investigations to include actions taken and results, including SARs and Blocking Reports to OFAC when appropriate
• Support day-to-day OFAC operations, including completing scans of members and other parties as required by Navy Federal's risk-based policies
• Perform ad-hoc analyses/scanning against OFAC/other lists when necessary
• Maintain required documentation for NCUA, Internal Audit and government law enforcement agencies
• Complete training as required by policy/supervision
• Maintain knowledge of applicable federal/ state laws, rules, regulations, and Navy Federal policies and procedures
• Performs other duties as assigned

• Familiarity with applicable federal and state laws, rules and regulations (e.g., Bank Secrecy Act, USA Patriot Act, and OFAC regulations)
• Familiarity with money-laundering trends and threats
• Experience using BSA/AML/OFAC transaction monitoring system(s)
• Exposure to working with all levels of staff, management, stakeholders, vendors
• Ability to maintain confidentiality and demonstrate integrity
• Basic skill assimilating information, analyzing facts, and developing logical conclusions
• Basic skill interpreting and synthesizing large amounts of information
• Basic skill exercising initiative and using good judgment to make sound decisions
• Basic organizational, planning and time management skills
• Basic investigative, research, analytical, and problem-solving skills
• Basic skill following, interpreting, and applying relevant data/instructions to guidelines, procedures, practices, and regulations
• Effective active listening skills to accurately respond to inquiries and account requests
• Basic skill building relationships through rapport, trust, diplomacy, and tact
• Basic skill to influence, negotiate, and persuade to reach agreeable exchange and positive outcomes
• Basic verbal and written communications skills
• Basic word processing, spreadsheet, and presentation software skills
• Associate degree in Business Administration, Criminal Justice, Finance, or related field, or the equivalent combination of education, training, and experience

• Familiarity with Navy Federal products, services, programs, policies, and procedures
• Experience in the field of OFAC compliance, global economic sanctions, international affairs
• OFAC or AML Certifications: Certified Anti Money Laundering Specialist, etc.
• Bachelor's degree in Business Administration, Criminal Justice, international relations, or related field