BSA/AML Quality Assurance Analyst


Company BankUnited, N.A.
Reference 15147
Sector Other
Town/City Florida
Locations Florida , USA
Job Type Permanent
Date Posted 13th Jun

Filled

Job Description


SUMMARY: The BSA/AML Quality Assurance Analyst is responsible for performing BSA Surveillance, Due Diligence, and OFAC/CTR quality assurance reviews of alerts generated by the Bank's transaction monitoring system, cases created from the alerts, and/or related forms. The QA Analyst will identify, document, and report findings to BSA QA Manager to ensure compliance with the Bank's established BSA/AML program. The candidate will also facilitate BSA training on both an internal and enterprise basis.

ESSENTIAL DUTIES AND RESPONSIBILITIES: include the following. Other duties and special projects may be assigned.

* Understand and ensure compliance with the execution of BSA/AML/OFAC policy and procedures.
* Perform QA reviews of alert/case processes for BSA Surveillance and BSA Due Diligence to evaluate the work product for quality, accuracy, and sound decision making.
* Perform QA reviews of OFAC monitoring processes and CTR filings.
* Provide feedback and communicate effectively with peers on the results of QA reviews.
* Assist the BSA supervisors/managers in preparing QA reports and the execution of special projects or reviews, as required.
* Report and escalate all concerns or findings on the results of QA testing clearly and objectively to BSA supervisors/managers.
* Provide recommendations to BSA supervisor/manager to enhance BSA/AML/OFAC policy and procedures based on QA review assessments to improve quality and consistency.
* Assist the BSA supervisors/managers in preparing training sessions for BSA business units to address identified risks or gaps in BSA/AML procedures or processes.
* Adhere to all designated time frames, manage workflow to the specified deadlines and complete responsibilities in a satisfactory manner.
* Interact with bank examiners, internal auditors, and compliance personnel during BSA and AML related audits, if necessary.
* Complete all job-related training in a timely manner and attend seminars or continuing education, as directed.
* Provide support in connection with BSA training requirements.
* Participate in team meetings.
* Perform any other assignments as directed by BSA QA Manager

QUALIFICATIONS/COMPETENCIES

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

* Bachelor's Degree or commensurate work experience

* Minimum 5 years banking experience, with emphasis on BSA Compliance

* Sound knowledge of regulations as applied to KYC, CIP, Anti-Money Laundering and the Bank Secrecy Act requirements with emphasis on transaction monitoring

* Strong understanding of financial crimes and common money laundering typologies

* Good analytical and organizational skills and attention to detail

* Ability to meet deadlines and to be flexible to adapt to changing conditions

* Ability to work effectively as part of a team and independently, as necessary

* Sound knowledge of the Bank policies and procedures

COMMUNICATION/LANGUAGE SKILLS: Ability to speak, read and write in the English language; Spanish (or other languages) helpful. Ability to read, interpret and comprehend simple instructions, short correspondence and memos; write simple correspondence; and effectively present information in one-on-one and small group situations to customers, clients, and other associates of the organization.

MATHEMATICAL SKILLS: Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals; and compute rate, ratio, and percent; and to draw and interpret bar graphs. An understanding of higher mathematical concepts may be required for specific departments.

REASONING AND ANALYSIS ABILITY: Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form; and deal with problems involving several concrete variables in standardized situations.

CERTIFICATES, LICENSES, REGISTRATIONS: AML/CA, CAMS, or CFE preferred
BSA/AML Quality Assurance Analyst
 

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