Sanctions and Watchlist Analyst

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, acting as an operational leader and the primary liaison between our offshore Accenture team and internal partners within Varo. This role is responsible for ensuring the company remains in strict compliance with global financial crime regulations, where meeting regulatory requirements is absolute.

In addition to performing core screening operations to identify, investigate, and mitigate risks related to sanctions, PEPs, adverse media, and enforcement lists, this individual will provide vital oversight, quality control, and SLA monitoring for the Accenture team.

Responsibilities

• Team Leadership & Oversight: Act as a leader and primary point of contact for the Accenture team. Serve as the go-to resource for Accenture team questions, ensuring tasks are completed accurately, efficiently, and on time.

• Screening Operations: Conduct thorough manual and automated screening of customers and transactions to identify anyone prohibited from doing business with the institution.

• Alert & Escalation Management: Analyze, disposition, and take ownership of complex alert escalations from both the Accenture team and other internal team members.

• Quality Control & Spot Checks: Perform regular spot checks and peer reviews on closed alerts to ensure all dispositions consistently meet rigorous quality standards and internal compliance requirements.

• Performance & SLA Monitoring: Monitor daily workloads, tracking throughput and ensuring the offshore team adheres to strict Service Level Agreements (SLAs).

• Cross-Functional Liaison: Serve as the central operational bridge between the Accenture team and internal partners, regularly communicating with teams such as Payment Ops and Servicing.

• Special Projects: Manage and execute manual screening projects on a monthly and ad-hoc basis, ensuring timely delivery.

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

Skills & Qualifications

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

• Proven experience working in Bank Operations (Bank Ops) and/or Payments.

• Demonstrated experience working with and overseeing offshore or vendor teams (specifically Accenture is a plus).

• Familiarity with financial crime screening tools and processes, with specific experience using LexisNexis Bridger.

• Strong understanding of Sanctions, OFAC, and AML/KYC compliance principles, with a deep appreciation for the zero-fail regulatory requirements surrounding prohibited entities.

• Strong analytical skills with the ability to interpret complex data, identify patterns, and make firm decisions on escalated alerts.

• Strong attention to detail with the ability to manage high-volume workloads and monitor operational SLAs in a fast-paced environment.

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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