Be a part of the team that is responsible for the following: * Monitoring and analyzing transactions to ensure compliance with OFAC regulations and sanctions policies. * Conducting investigations into potential sanctions violations and suspicious activities. * Preparing and submitting reports on findings to regulatory authorities and senior management. * Staying updated on the latest OFAC regulations, sanctions lists, and industry best practices. * Developing and implementing policies and procedures to ensure compliance with OFAC and sanctions regulations. * Providing training and guidance to staff on OFAC and sanctions compliance requirements. * Collaborating with cross-functional teams to investigate, address and resolve compliance issues. * Utilizing compliance monitoring tools and software to track and analyze data. * Conducting risk assessments and implementing measures to mitigate identified risks. * Maintaining records of compliance activities and ensuring proper documentation. * Ensuring compliance with the Anti Money Laundering, Know Your Customer, OFAC/Sanctions, and other regulatory requirements. * Remaining proficient in automated or manual systems used to detect suspicious activity and identify list matches. * Performing transaction analysis of customer activity in a transaction monitoring system and via manual reports. * Identifying trends of suspicious financial activity; monitors and researches suspicious financial transactions. * Facilitating suspicious activity investigations. * Completing Suspicious Activity Reports (SARs) and SAR follow-ups. * Reviewing Currency Transaction Reports (CTR)s for proper completion. * Processing Information Sharing 314(a) information requests from the US Treasury * Assisting with submission of SARs and CTRs to FinCEN, tracks regulatory timelines. * Interacting with Branch Personnel to obtain copies of account and customer information related to Customer Identification Program (CIP)and Enhanced Customer Due Diligence (EDD). * Performing Enhanced Due Diligence and Know Your Customer (KYC) reviews. * Developing financial product, system, and process knowledge relating to anti-money laundering and Sanctions compliance. * Remaining updated on regulatory changes and court rulings as they relate to BSA, OFAC, AML, and consumer compliance regulations. * Preparing analytics and reports to senior leadership. * Attending job-related seminars and workshops as needed. * Possessing a strong working knowledge of business line operating practices and policies; and maintaining strong working relationships with appropriate industry groups and governmental agencies. Position will work closely with Line of Business representatives, Legal, Risk & Compliance, Audit, Human Resources, vendors, and law enforcement. * Assists with any projects assigned to the Risk and Compliance Department. * Performs other functions as required by the team's priorities or assigned by the management. * Performing duties and prioritize tasks with minimal supervision. * Demonstrating initiative in addressing the needs of the team. * Providing leadership and guidance to junior staff. * Maintaining proficiency in BSA/AML/OFAC/Sanctions and federal and state consumer regulations required. * Possessing knowledge of "Know Your Customer" requirements for onboarding private banking clients including but not limited to hedge fund, private equity, real estate venture, fund of funds, fixed income, commodity pool, and other investment-type firms. Essential Skills and Experience: * Bachelor's degree or equivalent of relevant work experience * Industry certification such as CAMS, CRCM, CFCS is preferred. * Working knowledge of AML rules and regulations * Hands-on experience with KYC, AML and OFAC monitoring software. * Minimum of 3 years of working in AML function * Good understanding of banking operations and types of transactions * High work ethics * Must be skilled at problem identification and resolution. * Strong verbal and written communication skills * Excellent organizational and time management skills * Able to work independently and multitask as needed, with limited supervision. * Ability to deal effectively and tactfully with Bank personnel of other departments either in person or over the phone. * Ability to operate a PC and working knowledge of Microsoft Office products.