Location: all cities,NY, USA
Summary: The Bank Secrecy Act (BSA) Quality Assurance (QA) Analyst will be responsible for administering the BSA QA Framework and reviewing financial crimes compliance functions (BSA/AML/OFAC) within the BSA Department. The BSA QA Analyst reports to the Assistant BSA/AML Officer and supports areas of the BSA program, including but not limited to transaction monitoring, customer risk rating, regulatory reporting, and customer screening.
Salary commensurate with experience, ranging from $50,000 to $65,000 annually. The exact compensation may vary based on relevant experience, skills, education, training, licensure and certifications, and location.
All applicants need to attach a recent resume. This is a hybrid role.
Responsibilities:
* Assist in administering BSA QA Framework, to include (i) performing quality assurance reviews; (ii) assisting in the preparation of QA results, metrics, and reports.
* Assist in developing and maintaining BSA QA policy, procedures, and related program documentation.
* Apply knowledge and experience to ensure QA activities and work papers adhere to standards and quality expectations.
* Execute QA reviews on BSA program within scope of annual plan as well as ad hoc reviews, as necessary.
* Gather testing results and summarizes results, including root cause analysis, to make recommendations for identified deficiencies, training, and procedure/program enhancements, as needed.
* Perform special projects and additional duties and responsibilities as required.
Qualifications:
* Bachelor's degree (B.A. / B.S.) preferred.
* Minimum two (2) years' BSA/AML experience and/or (1) years' experience in BSA/AML quality assurance and quality control.
* Professional certifications preferred i.e., CAMS, CFE.
* Experience with automated BSA transaction monitoring system and/or case management system (Verafin preferred).
* Strong working knowledge of Excel, Word, PowerPoint.
* Subject matter expertise in BSA, AML, CIP, CDD, EDD, and other BSA regulatory requirements.
* Knowledge of a broad range of banking products and services (experience with Fiserv products a plus) and key operational processes.
* Ability to understand and draw conclusions from research conducted and work constructively with internal and external stakeholders to execute program goals.