Summary : The 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.
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 or two (2) years’ experience in 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.