Financial Crimes QA Analyst

Job Summary

The Financial Crimes Quality Assurance Analyst is responsible for performing and assisting in the creation of quality assurance of BSA/AML/Fraud processes. This role will assist in developing and executing a risk-based Quality Assurance (QA) program focused on the review of the design, effectiveness, and overall quality of AML (Anti Money Laundering) alert reviews, case investigations, Currency Transaction Reports (CTRs), Suspicious Activity Reports (SAR), Customer Due Diligence(CDD) reviews, and Enhanced Due Diligence (EDD) reviews of higher risk members as it relates to applicable regulations and adherence to relevant policies, procedures, and processes. This role is responsible for preparing reports on findings, recommending enhancements, and reporting the status of corrective actions.

Responsibilities 

• Assist in the development of the Financial Crime Quality Assurance program and associated testing and reporting activities.
• Perform quality assurance reviews on a scheduled cadence and additional ad hoc testing as needed.
• Ensure key and emerging Financial Crime risks and controls are accurately implemented across the institution.
• Assist the Financial Crime team in identifying compliance gaps and improvement opportunities.
• Contributes input to creating technology-based tools and metrics to create effective and efficient reporting of Fintech risks with the goal of minimizing risk exposure.
• Works effectively with stakeholders and risk teams.

Qualifications

• 3+ years in financial crimes/anti-money laundering group.
• 3+ years of experience in the execution of quality assurance testing processes associated with financial industry legal, regulatory, risk, and compliance obligations.
• Performing and assisting in the creation of quality assurance processes and testing across the Financial Crimes compliance team
• Extensive understanding of regulatory expectations within the financial industry and ability to demonstrate compliance and risk-based decisions.
• Ability to maintain control, direction, and motivation in an ever-changing environment.
• Strong analytical and reporting skills including experience with a wide variety of reporting tools (e.g., Excel, Tableau, BI Reporting).
• Effective communication skills – both verbal and written.
• Demonstrated ability to work independently and collaboratively to drive efficient resolution of decisions and tasks, escalate items requiring attention, and proactive approach at problem solving and continuous improvement.
• CAMS (Certified Anti-Money Laundering Specialist) certification or pursing certification preferred.
• Bachelors degree, or equivalent experience preferred.

Cultural Alignment
Choice is #PeopleFirst, banking second.

People don’t need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities.

In contributing to our culture, Choice team members are guided by our core values.

• Embrace change and encourage innovation.
• Know when to ask for help and know when to offer help.
• Better the places we live.
• Work hard. Do the right thing. Have a little fun.

Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values.

Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work. Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve. Be welcome at Choice. We can see you here.