BSA Quality Assurance Officer
- $31 - $56
- Lakewood, CA
BSA Quality Assurance Officer need for well-established California bank that has been in operation for over 100 years
A bit about us:
BSA Quality Assurance Officer need for well-established California bank that has been in operation for over 100 years
Why join us?
- Leverage the latest Network technologies
- Strong benefits (M,D,V, and 401k)
- Profit sharing contribution
- Flexible work environment
- Extra paycheck at Christmas
Job Details
The BSA Quality Assurance Officer supports the BSA/AML Compliance Officer by assisting in the effectiveness of the Bank’s Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) Compliance Program (the “Program”) by conducting quality control reviews on AML processes, including alert monitoring, suspicious activity investigations, Enhanced Due Diligence reviews, sanctions reviews and other critical areas of the Program. The ongoing monitoring and testing of the program will help ensure the BSA/AML and OFAC Program remains effective and complies with requirements, to ensure self-identified enhancements are promptly remediated.
Essential Duties
Required Knowledge
Essential Duties
- Conducts Quality Control Reviews on the following but not limited to:
- AML processes and AML Alerts
- SAR Case Investigations
- No-SAR Case Investigations and Disposition
- Enhanced Due Diligence (EDD) Reviews
- Research OFAC Wire Escalations
- Conduct OFAC searches on applicable applications to ensure SDN Watchlists are updated
- Perform Enhanced Due Diligence reviews on high-risk entities/individuals.
- Completes secondary review of required BSA monitoring certifications.
- Perform prospective customer reviews for approval/decline recommendations.
- Ability to analyze and research complex information in order to submit comprehensive recommendations regarding potentially suspicious activity.
- Proficient knowledge of BSA/AML software to adequately detect, review and report suspicious activity.
- Collaborate with frontline staff to resolve any outstanding information for customer profiles.
- Perform training to frontline and BSA staff on BSA related trends.
Required Knowledge
- Bank Secrecy Act
- OFAC
- USA PATRIOT Act
- Privacy Laws
Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.
Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.