Financial Crimes Specialist Sr.

• Performs batch scans on borrowers and co-borrowers in the servicing portfolio, vendors, employees and clients against the OFAC and other designated watch lists
• Performs bi-weekly and special request batch scans on borrowers and co-borrowers in the servicing portfolio, all incoming and outgoing wires and borrowers and co-borrowers on purged loans against the FinCEN Section 314(a) Information Request lists
• Performs real-time OFAC and other designated watch list searches as requested
• Performs more complex research on any potential matches resulting from batch scans or real-time searches to individuals or entities appearing on the FinCEN, OFAC or other watch lists to determine whether the potential match is a positive match to the individual or entity
• Provides responses on any positive matches to individuals or entities appearing on the FinCEN Section 314(a) Information Request lists directly through the FinCEN website
• Performs more complex research on any potential matches resulting from scans of incoming and outgoing wire transfers and ACH transactions performed by the Bank Operations Department to individuals or entities appearing on the OFAC and other designated watch lists to determine whether the potential match is a positive match to the individual or entity.  Responds within the required service level agreement (SLA) timeframe
• Reaches out to the client compliance/BSA contact and/or OFAC for additional information when warranted to clear the potential matches
• Refers any positive matches to the Supervisor, Financial Crimes and add to the departmental case management system
• Assists Financial Crimes Analysts with case setup and document or information retrieval as necessary (loan documentation and payment information)
• Assists with monitoring the BSA Suspicious Activity mailbox on a daily basis for incoming incident referrals and adding the referrals to the departmental case management system
• Prepares and issues the annual BSA/AML Certification and Attestation to third party servicing vendors and deposit brokers
• Prepares the OFAC Annual Report of Blocked Property
• Acts as the liaison between the Supervisor and Financial Crimes Specialists
• Serves as the point of contact when the Supervisor is not available
• Assists in the training of new employees and developing job aids for the team
• Establishes business knowledge and awareness
• Monitors both individual and team job performances
• Assists in providing team members with guidance and assistance
• Relays productivity concerns to the Supervisor
• Performs and documents OFAC test validations for updates to the SDN lists by OFAC
• Assists in performing quality control checks for monthly reporting
• Appropriately assess risk when business decisions are made, include but not limited to compliance and operational risk. Demonstrate consideration for Cenlar’s reputation as well as our clients, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

• High school diploma or GED required
• Bachelor’s degree or equivalent work experience preferred
• 3+ years of relevant experience required
• Proficient personal computer skills including Microsoft Excel, Word and Access as well as other applications and software utilized by the department
• Strong written and verbal communication skills
• Ability to coordinate and work effectively with internal and external contacts on a regular basis
• Ability to work a rotating schedule: M-F 8:30am to 5:00pm, 9:00am to 6:00pm and 9:30am to 6/7:00pm
• Ability to work independently
• Basic knowledge of BSA/AML and OFAC regulations preferred