Financial Crimes QA Analyst I

This is a fully remote position, open to applicants in Arizona, +5 more states.

📋 Description

• Implement the quality assurance program centered on Second Line of Defense Financial Crimes activities encompassing BSA/AML, Sanctions, and Fraud.

• Conduct thorough QA assessments of 2LoD casework, memos, and decisions to ensure accuracy, completeness, risk-based judgment, and alignment with regulations.

• Assess the caliber of 2LoD oversight, focusing on issue identification, escalation, and resolution.

• Detect inconsistencies in decision-making and identify gaps in challenge or governance.

• Carry out horizontal reviews of 2LoD outputs to pinpoint systemic weaknesses, ineffective challenges, missed escalation opportunities, and inconsistencies in policy interpretation.

• Generate insights into emerging risks and control blind spots within the 2LoD.

• Record QA findings, root causes, impacts on risk management, and severity ratings.

• Monitor and confirm the remediation of identified compliance issues.

• Offer independent challenges within the 2LoD function.

• Assist in regulatory examinations by showcasing the effectiveness and rigor of 2LoD oversight and QA methodologies.

• Recognize opportunities to standardize oversight practices, improve documentation and governance protocols, and leverage data analytics to uncover anomalies or inconsistencies.

⛳️ Requirements

• Bachelor’s degree in Finance, Business, Risk Management, or a related field.

• Over 2 years of experience in Financial Crimes (AML, Sanctions, Fraud).

• Direct experience in 2LoD Compliance / Financial Crimes oversight or Quality Assurance / Testing of Financial Crimes functions.

• In-depth knowledge of BSA/AML and sanctions regulatory expectations.

• Comprehensive understanding of 2LoD roles and responsibilities within a three lines of defense framework.

• Strong familiarity with financial crime risk management frameworks and governance practices.

• Experience in reviewing complex financial crime cases and providing oversight or challenge.

• Excellent analytical and judgment skills.

• A robust sense of independence and professional skepticism.

• Capability to evaluate the quality of judgment and oversight, beyond mere execution.

• Outstanding written and verbal communication abilities.

• Proficiency in influencing and challenging peers within Compliance.

• Meticulous attention to detail with an emphasis on consistency and governance.

• Strong organizational and problem-solving capabilities.

🏝️ Benefits

• Annual performance-based incentive opportunity.

• Health insurance.

• 401(k) retirement benefits.

• Life insurance.

• Disability benefits.

• Paid time off.

• Comprehensive benefits package for eligible employees.

• Hybrid, remote-office work arrangement.

• Reasonable accommodation for applicants with disabilities, as applicable.