Cross River's AML/CFT & OFAC Compliance team needs to ensure the business remains consistent with current regulations and within the company's risk appetite. The CDD Quality Assurance (QA) Analyst will help ensure quality and consistency across the AML/CFT program by executing QA reviews.
Requirements
- 3+ years experience in a quality control/quality assurance type role
- 3+ years experience in a KYC/CDD related role with working understanding of AML Laws, Regulations and their application to the processes being tested
- Ability to learn new systems and processes
Responsibilities
- Execute assigned QA testing across various Line of Business processes related to Cross River’s CDD program such as partner onboarding, account opening, ongoing monitoring, and periodic reviews
- Present findings/exceptions to management and/or team in a concise and well-written manner that fully explains why the process was deficient in a risk-based manner
- Use independent and professional judgement to ensure testing areas adhere to all policies and procedures
- Make sound judgement when assessing analysis and supporting documentation such that an independent third party would understand the rationale and evidence being used to support the conclusion
- Escalate significant issues of concern identified through QA reviews
- Assist in the development and enhancement of CDD QA processes
- Assist other members of the team as and when required
Other
- Promote a strong compliance culture within the company
- Complete all assigned training and where relevant complete ongoing education such as webinars or conferences to stay abreast of regulatory changes and the regulatory environment
- Bachelor’s degree preferred
- Proactive and results oriented, ability to meet deadlines in a fast-paced environment
- Integrity, ability to work independently, and strong problem-solving skills
