Sanctions and Watchlist Analyst in Charlotte, North Carolina at Varo Money

Varo is an entirely new kind of bank. All digital, mission-driven, FDIC insured and designed for the way our customers live their lives. A bank for all of us.

About The Role

The Sanctions & Watchlist Analyst will be a critical member of the Sanctions & Watchlist Screening team, responsible for ensuring the company remains in compliance with global financial crime regulations. This role involves performing daily screening operations to identify, investigate, and mitigate risks related to sanctions, Politically Exposed Persons (PEPs), adverse media, and enforcement list matches.

Responsibilities

• Screening Operations: Conduct thorough screening of entities and transactions.

• Alert Management: Analyze and disposition alerts generated by screening systems, ensuring accurate and timely decision-making.

• Risk Mitigation: Investigate potential matches against OFAC, global sanctions, PEP, enforcement, and adverse media lists.

• Policy Compliance: Ensure all screening activities align with internal policies and applicable regulatory standards.

• Collaboration: Partner with cross-functional teams to resolve complex screening scenarios and provide operational support.

• Documentation: Maintain clear and accurate records of investigations, escalations, and screening outcomes.

• Support and Training: Assist in onboarding new analysts, mentor team members on complex screening scenarios and procedures, and provide constructive feedback on alert dispositions to ensure operational quality and consistency.

• Peer Review and Quality Control: Conduct regular reviews of peer investigations to ensure all alert dispositions consistently meet rigorous quality standards and internal compliance requirements.

Skills & Qualifications

• Minimum of 2 years of direct experience in Sanctions, Watchlist Screening, or Financial Crime (FC) related compliance.

• Familiarity with financial crime screening tools and processes.

• Strong analytical skills with the ability to interpret complex data and identify patterns.

• Experience in a fast-paced operational or compliance environment.

• Strong attention to detail and ability to manage high-volume workloads.

For cash compensation, we set standard ranges for all US-based roles based on function, level, and geographic location, benchmarked against similar-stage growth companies. Final offer amounts are determined by multiple factors as well as candidate experience and expertise and may vary from the identified range.

Varo is an equal opportunity employer. Varo embraces diversity and we are committed to building teams that represent a variety of backgrounds, perspectives, and skills. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

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