Website IDB
IDB
Company : IDB
Job Description
The Compliance Quality Assurance Specialist works under the Quality Assurance Officer as well as with the Financial Intelligence Unit (FIU) Investigations Director, the Deputy OFAC Officer, and the Head of the Customer Intelligence Unit (CIU). Primary responsibility will be to conduct QA testing on AML investigations, Sanctions, Due Diligence, and/or KYC in order to provide guidance on various components of the operational work output to ensure the output of these units are being conducted in an efficient manner with adherence to guidance, policies, procedures, and regulatory expectations. Additional responsibilities include providing all necessary support to the FIU, CIU, and Sanctions organizations to ensure that the Bank is in compliance with BSA/AML regulatory requirements.
This individual must have strong understanding of industry standards as it relates to QA as well as banking transactions and knowledge of laws and regulations relating to the Bank Secrecy Act, PATRIOT Act, FinCEN SAR filing requirements, KYC, SAR, Due Diligence, and CTR.
Primary responsibilities include:
Conducting QA reviews in accordance with defined criteria as set forth in procedures, guidance documents, and other requirements
Tracking action items and assisting with reporting
Making recommendations to enhance the processes and procedures for both QA and the Compliance organizations being tested
In addition, this individual is also expected to multi-task ad hoc projects when requested by management
Expected to keep track of new regulatory changes or major AML, political, economic, and financial developments and present or help present such findings to the QA Officer and/or the Compliance organizations being tested
#LI-Hybrid