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Atlantic Union Bank · 1 day ago

BSA QC Specialist (Hybrid) (Richmond, VA/Reston, VA/Columbia, MD)

Reston, Virginia, United States

Full-time

Hybrid

Senior Level

$31.16/hr - $46.74/hr

5+ years exp

Atlantic Union Bank is a financial institution seeking a BSA Quality Control Specialist responsible for overseeing the quality control program related to AML and BSA operations. The role includes conducting reviews, developing training materials, and ensuring compliance with relevant regulations.

BankingFinancial ServicesWealth Management

Growth Opportunities

Responsibilities

Maintain an understanding of relevant laws, regulations, guidelines, and advisories issued by OFAC, FinCEN (Financial Crimes Enforcement Network), and other regulatory bodies pertaining to economic sanctions, AML, and CTF

Ensure the FIU's quality control program adheres to relevant regulations and best practices

Conduct periodic risk-based sample reviews of AML Financial Intelligence and BSA Operations division outputs, including documentation, decisioning, technical accuracy, record keeping, and document retention requirements. Track and report results to the BSA Quality Manager

Develop and maintain appropriate training materials and job aids to support adherence to AML Financial Intelligence and BSA Operations Recommend changes in processes and procedures to the FIU Quality Manager

Conduct individual and group coaching sessions with internal teammates related to quality control reviews, internal audit findings, and/or reports of examination. Support the BSA Management team in the implementation of internal remediation efforts and changes to procedures and/or processes

Test new systems, software, or tools utilized by the BSA department

Maintain dashboards, analytics tools, and trend reporting to support performance management oversight, monitoring of quality and productivity, and Key Performance Indicators. Provide periodic reports to the BSA Management Team

Support the BSA Management team in oversight of internal BSA AML department training initiatives, including development and maintenance of new-hire, refresher, and remediation training programs

Attend training seminars as deemed necessary at the direction of the BSA Quality Manager. Participate in professional and community associations relating to BSA and related regulatory compliance

Analyze trends and patterns in quality control reviews to identify areas for improvement and recommend corrective actions and training

Develop key performance indicators (KPIs) to measure the effectiveness of the quality control program and generate reports for senior management

Prepare and present detailed QC reports on an ongoing basis to Senior management, highlighting key findings and recommendations

Maintain comprehensive documentation of QC processes, findings, and actions taken

Ensure all QC records are accurate, complete, and stored in accordance with regulatory requirements

Uphold the highest standards of professional ethics, integrity, and confidentiality in all activities related to sanctions compliance and financial crime prevention

Serve as a role model for compliance and ethical behavior within the organization, fostering a culture of integrity and accountability

Report to – FIU Quality Manager

Qualification

BSA/AML ComplianceData AnalysisTraining DevelopmentRegulatory KnowledgeAnalytical SkillsPC SkillsAttention to DetailInterpersonal Skills

Required

Bachelor's degree in Criminal Justice, Business or a related field, or a combination of education and experience equivalent to such a degree

Must have at least 5 years of banking, business, or criminal justice related experience

A minimum of 3 years' experience in BSA / AML Investigations compliance work

High level of attention to detail to ensure accuracy and completeness in QC activities

Strong analytical skills to identify issues, trends, and areas for improvement

Ability to analyze complex data and produce meaningful reports

Demonstrated ability to interact with management, vendors, and other business lines with tact and diplomacy while achieving stated objectives

Advanced written, oral, data analytics, interpersonal and negotiating skills with ability to prepare and present technical presentations and guide internal customers

Working knowledge of financial institution operations. Ability to research, analyze and recommend improved processes

Ability to read, analyze and interpret government regulations, trade journals, legal documents, and technical documents

Advanced PC skills including word processing, spreadsheet and database applications