This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4224745

The Bank Secrecy Act (BSA) Quality Assurance (QA) Team Lead is responsible for ensuring the execution of the day-to-day of the BSA Quality Assurance Group. This BSA QA Team Lead serves in a delegating and mentorship role related to regulatory expectations and bank policies/procedures. The Team Lead position supports department-wide initiatives in developing meaningful solutions to improve or enhance processes used within the Enterprise Anti-Money Laundering (AML) Group.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Maintains continuous awareness of policy updates resulting from changing regulatory requirements and updates related to QA testing and gap analysis procedures used by the QA staff. This duty is performed daily, about 15% of the time.

2. Distributes work items to the Quality Assurance team and performs quality control to ensure adherence to operating procedures. This duty is performed monthly, about 15% of the time.

3. Manages staff and time resources to ensure timely completion of assigned projects. This duty is performed daily, about 10% of the time.

4. Communicates quality assurance test outcomes in period-based reports to management, including periodic updates to the status of changes and progress in remediation efforts. This duty is performed monthly, about 10% of the time.

5. Serves as a primary point of contact within BSA for quality assurance reporting through the banks Enterprise Risk Management framework, including maintenance of control descriptions and test outcomes in the appropriate/associated risk software/tools. This duty is performed daily, about 10% of the time.

6. Maintains testing/assessment plans to evaluate program adherence to BSA and OFAC regulations, policies, standards, and guidelines, including comparative assessments between regulation, policy, and procedure to identify areas that can be strengthened. This duty is performed monthly, about 15% of the time.

7. Provides recommendations for enhanced training opportunities based on assurance testing outcomes and/or analysis of quality control tasks performed throughout the Enterprise AML Group. This duty is performed monthly, about 15% of the time.

8. Supports the collection and organization of documentation associated with audit or examination requests. This duty is performed as needed, about 5% of the time.

9. Supports Management in the handling of complex lookback projects and post-mortem. This duty is performed as needed, about 5% of the time.

10. Work collaboratively with Enterprise AML Department managers and other internal stakeholders to influence change with a risk based and innovative mindset. This duty is performed daily.

11. The ability to work in a constant state of alertness and in a safe manner. This duty is performed quarterly.

12. Completes required Annual BSA AML training and other compliance training as assigned.

13. Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 5 years related experience and/or training, and 12 to 18 months related management experience, or equivalent combination of education and experience.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.

\ PR FERRED CERTIFICATES, LICENSES, REGISTRATIONS

Certified Anti-Money Laundering Specialist (CAMS) Certification, Certified Global Sanctions Specialist (CGSS), or Certified AML and Fraud Professional (CAFP) or willingness to obtain, preferred.

SOFTWARE SKILLS REQUIRED

Advanced: Word Processing/Typing

Intermediate: Presentation/PowerPoint, Spreadsheet

Basic: 10-Key, Accounting, Alphanumeric Data Entry, Contact Management, Database

ADDITIONAL INFORMATION

-Five (5) years of related experience and/or training working within financial crimes and/or AML governance-related functions. A combination of this experience, as well as AML investigations, EDD reviews, OFAC, and other similar experience, is preferred.

-Twelve (12) to eighteen (18) months of related management or supervisory experience.

-Two (2) years of qualifying experience must have been continuous, recent, and within a financial institution.

-Must have a risk-based and innovative mindset while also the ability to work collaboratively with other Enterprise AML Department managers and other internal stakeholders to influence change.

-Bachelor\'s degree focus desirable for position: Criminal Justice, Banking Compliance/AML Specialized, Political Science, Mathematics, or Economics.