Financial Crimes Quality Assurance Analyst

Valley Bank • West Palm Beach, FL

6h

About The Position

Responsibilities include, but are not limited to:
Analyze completed cases and EDD reviews in accordance with QA procedures to
ensure appropriate decisions have been made by Investigators (Levels I, II,
and Senior) are appropriate and procedures have been followed. Engage with
investigators and/or management to discuss discrepancies and assess
sufficiency of remediation plans to address issues.
Review Suspicious Activity Reports (SAR) to ensure the form is completed
appropriately, the narrative is thorough, and the appropriate levels of
supporting documentation were obtained and maintained.
Analyze Actimize and Bridger closed alerts relative to policies, procedures
and best practices to test for accuracy and quality. Engage with
investigators and/or management to discuss discrepancies and assess
sufficiency of remediation plans to address issues.
Review account opening documentation to ensure beneficial ownership
information as properly obtained and recorded by branch and commercial
lending personnel. Engage with investigators and/or management to discuss
discrepancies and assess sufficiency of remediation plans to address issues.
Review fraud investigations relative to policies, procedures and best
practices to test for accuracy and quality. Engage with investigators and
management to discuss discrepancies and assess sufficiency of remediation
plans.
Assist QA Manager with preparing periodic reports to FCC management
summarizing findings of the quality assurance reviews.
Document and communicate exceptions to policies and procedures to QA and FCC
management. Identity and make recommendations for process improvements to
achieve efficiencies and comply with industry best practices.
Remain current on industry rules, regulations and best practices to ensure
the testing program meets regulatory expectations.
Escalate concerns of systemic violations to QA and FCC management in a timely
manner.

Requirements

• Working understanding of reporting requirements of the Bank Secrecy Act (BSA), and USA PATRIOT Act.
• Strong attention to detail, excellent analytical and problem-solving skills.
• Excellent oral and written communications skills.
• Strong knowledge of Excel, including pivot tables.
• Ability to conduct research using various sources.
• Team oriented and able to work independently.
• Working knowledge of MS Office products, including Outlook, PowerPoint, Word.
• High School Diploma or GED and a minimum of 5 years of experience in a financial crimes' compliance or related role.

Nice To Haves

• Bachelor's Degree and/or ACAMS certification preferred.

Responsibilities

• Analyze completed cases and EDD reviews in accordance with QA procedures
• Review Suspicious Activity Reports (SAR)
• Analyze Actimize and Bridger closed alerts relative to policies, procedures and best practices
• Review account opening documentation to ensure beneficial ownership information
• Review fraud investigations relative to policies, procedures and best practices
• Assist QA Manager with preparing periodic reports to FCC management
• Document and communicate exceptions to policies and procedures to QA and FCC management
• Remain current on industry rules, regulations and best practices
• Escalate concerns of systemic violations to QA and FCC management

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED