We are seeking a motivated and detail-oriented Junior Compliance Analyst to join our Compliance team in our Corresponding Banking Division. This position offers hands-on experience in sanctions review, transaction monitoring, and due diligence within a dynamic banking environment.
- Monitor transactions in Compliance Verification Level I in line with the Bank’s OFAC Policy and Procedures.
- Identify and fail payments requiring a Live Compliance Inquiry; draft initial and follow up inquiry messages for senior review.
- Review compliance reject live case responses and recommend appropriate actions to senior team members.
- Prepare approval memos for potential release of transactions subject to sanctions review, ensuring accuracy of supporting documentation.
- Create post-transaction inquiries, reminders, and follow-ups for cases assigned via hPLUS Due-Diligence Case Queue.
- Conduct enhanced due diligence on responses received and recommend subsequent actions (e.g., close case, send follow-up, file SAR)
- Perform additional tasks as assigned by supervisors or department leadership.
Benefits
- Medical, Dental, and Vision Insurance
- Group Term Life (GTL) Insurance
- 401(k) Retirement Plan
- Paid Time Off (PTO)
- Paid Holidays
- 1–3 years in banking preferred, or a combination of education and equivalent experience.
- Strong analytical and problem-solving skills with attention to detail.
- Excellent written and verbal communication skills.
- Ability to work independently and collaboratively in a fast-paced environment. • Familiarity with OFAC regulations and compliance monitoring tools is a plus.
Skills Required
- 1-3 years in banking or combination of education and equivalent experience
- Strong analytical and problem-solving skills with attention to detail
- Excellent written and verbal communication skills
- Ability to work independently and collaboratively in a fast-paced environment
- Familiarity with OFAC regulations and compliance monitoring tools
What We Do
Habib American Bank is a financial institution that provides a comprehensive suite of banking products and services for individuals and small businesses. The bank specializes in financial institution services, commercial real estate lending, and personal banking solutions. Its offerings include checking and savings accounts, commercial and real estate loans, investment options such as CDs and IRAs, and institutional banking services like cash management.
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