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Atlantic Union Bank · 2 days ago

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

Glen Allen, VA

Full-time

Hybrid

Senior Level

5+ years exp

Atlantic Union Bank is seeking a BSA Quality Control Specialist responsible for overseeing the department’s quality control program. The role involves conducting reviews, developing training materials, and ensuring compliance with regulations while maintaining high standards of ethical conduct.

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

Qualification

BSA/AML complianceRegulatory knowledgeData analysisTraining developmentQuality controlAnalytical skillsAdvanced PC skillsAttention to detailInterpersonal skillsPresentation skills