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Openbank · 1 month ago

AVP & Sr. BSA Analyst

Los Angeles, CA

Full-time

Hybrid

Mid, Senior Level

$27/hr - $38/hr

5+ years exp

Open Bank is committed to innovation and diversity, seeking an AVP & Senior Quality Control Analyst to join their BSA team. This role involves monitoring activities related to the Bank Secrecy Act, Anti-Money Laundering, and OFAC compliance, ensuring quality control and risk management within the organization.

AppsBankingE-CommerceFinanceInternet

Diversity & Inclusion

Responsibilities

Implements, performs, and documents assigned control reviews; performs and conducts testing based on detailed procedures and processes

Conduct Quality Control/Assurance on Alerts, SARs, EDDs, CTRs and OFAC related tasks

Identifies areas of risk and make recommendations on operational improvements, processes for compliance, quality assurance and any additional training essential to mitigate risk

Communicates test results to management and business partners as directed

Researches and analyzes testing results or issues, training, reads literature in order to become more knowledgeable about current banking, regulatory and audit issues, and performs other tasks as necessary to carry out daily responsibilities; maintains expertise in areas of testing

Qualification

BSA complianceAML knowledgeOFAC complianceBank audit experienceBanking operations experienceProfessional imageTyping skillsBasic computer skillsWritten communicationOral communication

Required

Minimum five years of experience of BSA, bank audit, compliance, or banking operations is required

Knowledge of Bank Secrecy Act, USA Patriot Act and OFAC

Good knowledge of bank documents and bank operation

Present a professional image in dealing with customers, interdepartmental, and external representatives

Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone

Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail

Preferred

Bachelor degree from an accredited college is preferred

Experience of BSA, bank audit, compliance, or banking operations is preferred

Benefits

Medical, Dental, & Vision : Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.

Life, Accidental Death & Dismemberment, & Long-Term Disability : Open Bank pays 100% of the cost.

Flexible Spending Account (FSA) : Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.

401(k) Retirement Savings Plan : Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.

Paid Time Off (PTO) : Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.

Employee Assistance Program (EAP) : The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.

Company Paid Lunch: Open Bank provides company paid lunch twice a week.