OFAC Sanctions Analyst

This position can be located at Bend, OR; Sioux Falls, SD and Billings, MT.

What's Important to You
We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Child Care Assistance Program for eligible dependent(s).
• Exercise reimbursement program for employees.
• The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

SUMMARY
The OFAC Sanctions Analyst is responsible for fulfilling the Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements through enhanced evaluation, identification, and research of relationships and transactions of both new and existing accounts.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Performs analysis and enhanced due diligence on results from OFAC/Sanctions, custom watchlists, 314a, and PEP watchlist screening of transactions and customer accounts according to First Interstate Bank policy and procedures.
• Partners with other financial crimes compliance departments and business lines to complete due diligence review and report details as needed to appropriate areas.
• Analyzes output of OFAC/Sanctions and other applicable watchlist screening and make decisions on appropriate action to take.
• Maintains thorough documentation of analysis performed.
• Works cooperatively with internal departments to obtain and evaluate necessary information related to the analysis.
• Remains current on legal, regulatory AML/BSA and OFAC requirements and actions.

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. 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.

KNOWLEDGE, SKILLS AND ABILITIES

• Excellent communication and written skills.
• Strong analytical abilities and problem-solving skills.
• Strong self-motivation and organizational skills.
• Exceptional ability to multi-task and prioritize projects.
• Documented record of achieving results both individually and in a team setting.
• Ability to meet tight deadlines and work in an operational/compliance driven environment.
• Ability to coordinate and work collaboratively with internal and external contacts daily.
• Proficiency in Microsoft Excel, Access, Word, and/or experience in using other database applications.

EDUCATION AND/OR EXPERIENCE

• High School Diploma or general education degree (GED) required
• Prior banking experience preferred

PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

• Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
• Lifting - Occasionally (up to 10 lbs)
• Sitting - Frequently
• Overtime - Subject to business need
• Noise Level - Moderate
• Typical Work Hours - M-F (8-5)
• Regular and Predictable Attendance - Required