Role OverviewThe L3 QC Associate is responsible for SAR review and determination, SAR Filing, SAR related administrative duties, quality control for SAR and DNF (Reasonable) determinations. The role involves assisting with Currency Transaction Reports (“CTR”), system testing (UAT) and/or various anti-money laundering (AML) initiatives; communication of apparent anomalies and prioritizing investigative work to ensure all deadlines are met.
What You Will Do
Responsibilities include SAR (L3) Operations, QC and Regulatory Filing (SARs/CTRs), review of historical lookback transactions, preparation of RFI inquiry forms, making final determinations on case disposition, and completing SAR forms and DNF memos.
Why It Might Be a Fit
The ideal candidate will have a strong understanding of U.S. Banking regulations, OFAC, BSA/AML, and USA PATRIOT Act, as well as risk management principles. Experience in compliance, legal, and financial industries, and knowledge of AML/BSA industry developments, are also required.
Requirements
- Bachelor Degree
- Minimum 1 year of experience in compliance, legal, and financial industries
- Minimum 1 year of experience leading teams within financial services, fraud management, risk, legal/compliance or other relevant leadership and/or management positions
- Knowledge of U.S. Banking regulations
- Good knowledge and understanding of general OFAC, BSA/AML, and USA PATRIOT Act and risk management principles
- CAMS certification preferred
Benefits
- Pay Range: USD $42,000.00 - USD $90,000.00 /Yr.
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