Senior Sanctions Screening Analyst

Marqeta is on a mission to change the way money moves. We’re one of the earliest enablers of embedded finance, a market opportunity sized up in the trillions. Our card issuing platform provides unprecedented flexibility and control for companies to issue cards, authorize transactions, and manage payment operations in real time.   Marqeta is powering the most well known brands in the new economy (Block, Cash App, Affirm, Instacart, Doordash, Uber, Walmart, etc). Today nearly 8 out of 10 Americans use a product powered by Marqeta every week. This is the opportunity of a lifetime to work with innovators around the world and unlock equitable financial access for all.

Position Summary

As a Senior Sanctions Screening Risk Analyst for Marqeta, you will play a pivotal role in ensuring compliance with regulatory requirements and mitigating financial risks associated with sanctions violations. You will be responsible for conducting thorough screenings of individuals, entities, and transactions against various sanctions lists and implementing robust processes to safeguard our organization from regulatory breaches.

If you’re highly organized, a great communicator, self-motivated, smart, fun, enjoy challenges, and love to solve problems, let us know! We’re innovative and creative, and so are our customers.

Primary Responsibilities 

• Perform daily screenings of customers, counterparties, and transactions against sanctions lists issued by regulatory bodies such as OFAC, EU, UN, and other relevant authorities.
• Utilize advanced screening tools and software to enhance efficiency and accuracy in identifying potential matches.
• Investigate and analyze potential matches to determine the level of risk and escalate high-risk cases to the appropriate stakeholders for further review.
• Continuously review and improve sanctions screening processes to ensure alignment with evolving regulatory requirements and industry best practices.
• Identify opportunities for automation and technology integration to streamline screening operations and enhance overall effectiveness.
• Independently resolve problems that require in depth investigation and/or research
• Maintain accurate records of screening activities, including documentation of screening results, investigation findings, and resolution outcomes.
• Generate regular reports on screening metrics, trends, and compliance status for senior management and regulatory reporting purposes.
• Provide training and support to internal stakeholders on sanctions screening procedures, regulatory obligations, and emerging trends in sanctions compliance.
• Foster a culture of compliance awareness and accountability across the organization through regular communication and knowledge sharing initiatives.
• Coordinates with Issuing Banks to ensure that Marqeta is compliant with their requirements for sanctions screening; performs required sanctions screening audits in compliance with bank requirements
• Maintains a current understanding of and complies with Marqeta and Issuing Bank procedures and policies, including regulatory compliance issues related to BSA procedures and policies, GLBA, Dispute Resolution and Safeguarding Customer Information.

Requirements

• Bachelor's degree in Finance, Business Administration, Law, or a related field. 
• 5+ years of experience in sanctions compliance, AML (Anti-Money Laundering), or regulatory operations within the financial services industry, preferably in a fintech or banking environment.
• Strong understanding of global sanctions regulations, including OFAC sanctions programs, EU sanctions regimes, and UN Security Council resolutions.
• Proficiency in using sanctions screening tools and software platforms, such as ComplyAdvantage, Actimize, Fircosoft, or Dow Jones Risk & Compliance.
• Excellent analytical skills with the ability to interpret complex data sets and identify potential risks and anomalies.
• Superior communication and collaboration skills with the ability to interact confidently with internal and external stakeholders at all levels.
• Detail-oriented approach with a commitment to accuracy and precision in performing screening activities and documentation.
• Ability to prioritize, manage, and deliver on multiple projects simultaneously; highly motivated and able to work against aggressive schedules
• Positive attitude, team player, adaptable, resourceful, and self-starter who is able to work independently

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