AML QC Analyst II

This is a fully remote position, open to applicants in United States.

📋 Description

• Perform quality control audits on team workflows and adherence to timelines

• Create management summaries of quality control reviews, findings, and suggestions

• Independently handle intricate cases, including organized fraud, high-value, and high-risk situations

• Detect deficiencies, trends, and typologies in AML reviews and documentation

• Propose process improvements based on quality control data

• Keep up-to-date on complex and high-risk banking products, Money Services Businesses (MSBs), private ATM operators, Marijuana-Related Businesses (MRBs), and Banking as a Service (BaaS) partners

• Collaborate with AML quality control management and Risk Operations leadership to establish written procedures and processes

• Assist with organization-wide policies, procedures, and risk assessments

• Comply with federal AML, BSA, and associated regulatory requirements

• Contribute to Financial Crimes Compliance initiatives

• Mentor and assist junior analysts

• Ensure adherence to service level agreement timelines and Coastal Core Values

• Conduct periodic quantitative and qualitative analysis of AML documentation

⛳️ Requirements

• In-depth understanding of the Bank Secrecy Act, USA Patriot Act, OFAC, and related regulations

• Capability to articulate AML, Customer Identification Program (CIP), Know Your Customer (KYC), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), OFAC, and Suspicious Activity Reporting (SAR) principles

• Proficiency in organizing, analyzing, and interpreting data

• Skills in developing and refining systems, structures, and processes

• Commitment to maintaining strict confidentiality

• Strong analytical, research, problem-solving, time-management, planning, and organizational abilities

• Capacity to manage multiple tasks, projects, and deadlines concurrently

• Excellent verbal and written communication skills

• Intermediate proficiency in Excel

• 3–5 years of prior experience in a financial institution with a focus on AML compliance, consumer compliance, audit/bank operations, or equivalent experience

• 2–4 years of experience in audit, quality control/quality assurance, or a similar field preferred

• CAMS, CFE, or other relevant certifications

• Advanced knowledge of BSA, USA PATRIOT Act, and OFAC requirements

• Ability to develop or enhance AML operational processes, including SAR filing

• Familiarity with Microsoft Outlook, Word, and Excel

• Capability to work without employment sponsorship

🏝️ Benefits

• Medical Coverage: Select from three competitive medical plans

• Health Savings Account (HSA) offering tax advantages and employer contributions

• Flexible Spending Accounts (FSA) for healthcare and dependent care expenses

• Dental and Vision Insurance

• Company-sponsored basic life insurance with options for additional coverage

• Long-Term/Short-Term Disability (LTD)

• Supplemental Hospital Indemnity, Accident Insurance, and Critical Illness coverage

• 401(k) Retirement Plan with company matching

• Generous vacation and sick leave policies

• 11 paid holidays