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Years of Experience
Date Last Verified
ProfileInternal BSA Quality Control Manager The candidate will serves as a subject matter expert (SME) of both all aspects of AML and OFAC operations, including sanctions screening, case development to SAR and customer due diligence and enhanced due diligence and developing statistically valid testing methodologies to ensure consistency in approach and execution, efficiency in operations and provide management with feedback on employee performance. In many instances, this will involve developing test scripts from scratch and hiring and training Quality Control Analysts to execute testing. In addition, the Internal BSA Quality Control Manger is expected to act as a trusted advisor to peers and advise peers on best practices. Essential functions: Develops and further refines test scripts for testing the AML operations, including other areas of the bank that file SARs on behalf of the BSA Officer and overseeing the execution of these test scripts.Meets with managers to explain testing results and acts as a trusted advisor with respect to offering process improvement suggestions.Maintains and assigns quality control production goals and assists the management team in gathering information for reporting purposes.Ensures the completed records align with business procedures and corporate policy requirements. Performs special projects, and additional duties and responsibilities as required. Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.
Qualification and Experience
The candidate should have high school diploma or equivalent. Bachelor's degree or equivalent, relevant experience. Should have 5 - 8 years of BSA/AML/OFAC experience including investigations and the preparation of summary narratives and Suspicious Activity Reports. Management experience. Experience performing transaction analysis, case and alert investigations and suspicious activity reporting. Understanding of sanctions compliance or experience in sanctions compliance. CAMS, JD degree or CPA certification a plus. Expert knowledge of quality control or audit practices, with the ability to understand expectations and build relationships. Strong leadership skills with the ability to influence people across functions at a senior level using sound judgment, successful execution of strategies, and an understanding of how to operate effectively within a bank. Subject matter expertise in AML, EDD, DYC and OFAC regulatory requirements. Knowledge of a broad range of banking products and services and key operational processes. Computer literate with advanced proficiency in internet navigation, word processing and spreadsheet applications. Proven management skills. Highly developed analytical skills. Excellent organizational, time management and project management skills. Excellent written, verbal and interpersonal communication skills with the ability to summarize findings in a clear concise manner to peers, direct and senior level management. Possesses skill set to develop strong teams and promote a constructive workplace environment. Strong attention to detail and follow-up skills. Ability to understand and draw conclusions from research conducted. Ability to deliver clear and concise recommendations and feedback. Ability to constructively approach others and deal with organizational conflicts as they arise.
Ref - 170000SS