OFAC Administrator at Reinsurance Group of America

Position Overview

RGA is a global life and health reinsurance company that has risen to be one of the most successful, respected and dynamic reinsurance companies in the world. Operating in 25 countries, and servicing clients in 70, RGA has achieved recognition internationally as an innovative, client-centric company whose success is based on a focus on enhancing clients’ prosperity. If you have a passion for service, a love for finding innovative solutions and a desire to work in a challenging environment that offers a breadth of experiences then RGA may well be the company for you. For more information on RGA please visit our website www.rgare.com

RGA is currently looking for a dynamic, self-motivated individual to join the Administration team to assist primarily with the OFAC administration.

Responsibilities

• Perform OFAC checks for the data/claims, where the client has provided the minimal set of values required for the OFAC checking process, within the required turnaround times.
• Ensure that OFAC input files and proof of OFAC run and completion dates are saved and accessible.
• Update and complete OFAC tracker on a timeous basis.
• Complete monthly review forms by the last working day of the month.
• Ensure that Operations Analyst populate all relevant information on OFAC tracker. Escalate non-compliance to Head of Operations.
• Wave all OFAC hits within 5 days of identification.
• Managed the SAGroupAdmin and SAIndividualAdmin inboxes.

Requirements

• Experience of at least 1 year screening files and waiving of potential hits
• Requires understanding and knowledge of OFAC procedures and concepts.
• Excel skills a must
• Has good verbal and written skills.
• Excellent problem solving skills
• Proactive team player

Company Overview
RGA Empowers Employees. It’s one thing to hire smart people, it’s another to empower them. This is one of the most important differences between RGA and its competitors. RGA empowers its employees to use their intelligence and creativity to find solutions for its customers. To be proactive in their approach to bringing value to our customers.