Banking Sanction Specialist

Job Description: Job Title; Sanctions Specialist Duration: 6 Months (Renewable or temp to perm) Location: Montreal QC Business Overview: Payments and Clearing Solutions (PCS) provides a full array of International and Domestic Cash Management Services (Customer Payments, Financial Institution Transfers, ACH and Check Collection Services) to our international and domestic banking customers and internal departments. Additionally, is responsible for a broad range of monitoring, regulatory screening and reporting functions for operational control and end-of-day reconciliation. PCS processes on a regional platform, where a portion of US activity is processed in Montreal and a portion of Montreal’s activity is processed in New York. This is being done for a number of reasons, the most important of which is for business continuity and resiliency. PCS is comprised of the following sub departments: Payments & Level 1 Sanctions, Sanctions Enforcement and Exceptions, Client Support Services, PMO/Orga and Data Governance. Sanctions Enforcements and Exceptions – The group is responsible for addressing any escalations of messages that are identified as “hits” against the sanctions lists and manages those transactions through completion or escalate them to Level 3. Responsibilities: • Perform a Level 2 review of transactions that are referred to the OFAC Exception queue for potential sanctions violations and manage the queues in order to ensure our deadlines are being met. • Conduct investigation on payments that need to be held for regulatory reasons pending additional information and monitor case investigations to make sure that proper follow-ups are being made and responses are being addressed in a timely manner. Analyze information obtained from case investigations to make a clear determination on the proper course of action to be taken on the payment. • Work closely with the U.S. and Group Financial Services, Legal and the Treasury in performing wire transfer searches or handling regular case investigations when deemed necessary. • Ensure that all transactions escalated for Level 2 review are compliant to all external and internal regulations and policies. • Validate vender added file uploads to our filtering systems to ensure that list changes, additions or deletions are updated to the systems accurately and add/modify/delete entities to the local list as requested by the USFS team • Ensure all payments comply with our Banking group payment transparency policy. • Make direct contribution to our Bank operational permanent control framework. • Prepare and analyze various reports as needed • Make recommendation for procedural changes where deemed necessary. Minimum Required Qualifications • Associate/BA degree from accredited college/university. • 2 – 3 years’ experience in OFAC and Sanctions investigation. • Strong understanding of Regulatory awareness, and the regulations that govern it. • Proficient knowledge and understanding of the OFAC processes and procedures. • Knowledgeable of Funds Transfer operations as well as the rules and regulations that govern it. • (This will include CHIPS, Fedwire, SWIFT, LYNX and ACH). • Excellent communication, verbal and written skills, as well as, attention to detail and accuracy. • Self-motivated and ability to multi-task in a high-volume and fast-paced environment. • The candidate must possess knowledge and basic understanding of MS Word, MS Excel, MS Outlook, MS PowerPoint Preferred Qualifications: • ACAMS/ACSS certified.

Perform Level 2 reviews of transactions in the OFAC Exception queue to identify and manage potential sanctions violations. Conduct detailed investigations on held payments and collaborate with legal and treasury teams to ensure regulatory compliance.

Requires an Associate or Bachelor's degree and 2-3 years of experience in OFAC and sanctions investigation. Candidates must have strong knowledge of funds transfer operations (SWIFT, Fedwire, ACH) and regulatory frameworks.

• Souci du détailSouhaitée

Relevées dans la description du poste. Confirmez les exigences importantes ci-dessus.

• OFAC Investigation
• Sanctions Screening
• Regulatory Compliance
• Funds Transfer Operations
• Case Investigation
• Payment Transparency Policy
• Risk Management
• Reporting
• MS Excel
• MS Word
• MS Outlook
• MS PowerPoint
• Communication Skills
• Attention To Detail
• Multi-tasking
• Analytical Thinking

• Finance & Accounting
• Legal
• Administrative
• Security & Safety
• Consulting

Formation minimale

Diplôme professionnel

Expérience minimale

2+ ans

Postuler avant le

3 sept. 2026

Langue de l’offre

anglais

Heures de travail

40 heures par semaine

Niveau d’expérience

Mid-Senior level

Mode de candidature

La candidature directe est offerte