Job Description

Job Overview

The OFAC AML Compliance Intern will assist the team with OFAC clearing duties, including dispositioning potential matches of new customers against OFAC and negative news lists. The intern will learn OFAC and BSA regulations.

Job Description

Responsibilities include but are not limited to:

• Review and disposition potential matches generated by our OFAC and negative news screening tools.
• Review new customer alerts and compare the information provided by the customer against the information in the alert to determine whether it is actual match.
• Request additional customer information from business units, as necessary, to assist in dispositioning potential matches.
• Escalate any actual matches identified to the management for appropriate action.
• Intern will learn OFAC and BSA regulations and how to analyze and evaluate information from a variety of sources.

Requirements

Required Skills:

• Excellent verbal and written communication skills.
• Ability to handle multiple projects simultaneously.
• Proficient computer skills, including Microsoft PowerPoint, Excel, and Word.
• Detail oriented and organized.
• Ability to be resourceful and work independently.
• Exceptional time management, analytical, problem-solving, and researching skills.

Required Experience:

• High School Diploma or GED and enrollment in a 2 or 4-year degree program.
• Enrollment in a 4-year college or university with a concentration in Business, Finance, Risk Management, or related field preferred.

Valley National Bank

Job Tags

Internship,

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