Job Description

The Compliance Quality Assurance Specialist works under the Quality Assurance Officer as well as with the Financial Intelligence Unit (FIU) Investigations Director, the Deputy OFAC Officer, and the Head of the Customer Intelligence Unit (CIU). Primary responsibility will be to conduct QA testing on AML investigations, Sanctions, Due Diligence, and/or KYC in order to provide guidance on various components of the operational work output to ensure the output of these units are being conducted in an efficient manner with adherence to guidance, policies, procedures, and regulatory expectations. Additional responsibilities include providing all necessary support to the FIU, CIU, and Sanctions organizations to ensure that the Bank is in compliance with BSA/AML regulatory requirements.

This individual must have strong understanding of industry standards as it relates to QA as well as banking transactions and knowledge of laws and regulations relating to the Bank Secrecy Act, PATRIOT Act, FinCEN SAR filing requirements, KYC, SAR, Due Diligence, and CTR.

Primary responsibilities include:

• Conducting QA reviews in accordance with defined criteria as set forth in procedures, guidance documents, and other requirements
• Tracking action items and assisting with reporting
• Making recommendations to enhance the processes and procedures for both QA and the Compliance organizations being tested
• In addition, this individual is also expected to multi-task ad hoc projects when requested by management
• Expected to keep track of new regulatory changes or major AML, political, economic, and financial developments and present or help present such findings to the QA Officer and/or the Compliance organizations being tested

#LI-Hybrid

Qualifications

• 3 – 5 years of experience in Audit, OFAC, AML Investigations, KYC, Due Diligence or equivalent, and a solid working knowledge of BSA/AML case management systems and preferably at least 2 years performing quality related Compliance reviews. 
• Knowledge of Compliance processes and AML reporting requirements within the financial services industry
• Ability to communicate effectively to management both orally and in writing.
• Strong analytical skills; excellent follow through and attention to detail, consistent sound judgment, independent decision-making skills, proven leadership abilities, strong organizational skills and excellent time management.
• Ability to work independently and with minimal supervision while performing multiple tasks and meeting challenging deadlines.
• Excellent working knowledge of MS Word, Excel and PowerPoint.
• Bachelor’s degree in finance, economics, criminology, or other related fields.
• Broker/Dealer background and knowledge is desirable
• Fluency and knowledge of Spanish, Portuguese and/or Hebrew is desirable.
• CAMS and CFE designation is a plus.
• Working knowledge of the Actimize transactional monitoring platform is a plus

Compensation

The expected annual salary for this position is between $90,000 and $110,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual’s skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.