AML Quality Assurance Analyst Job ID: 0414-17114 CO - Englewood, CO - Denver Relocation Offered? No Work Schedule; Days Current Licenses / Certifications; None Relevant Work Experience: Internal Audit, Regulatory, Financial Services-2-5 yrs, Risk Analysis, Compliance. Education: BA/BS Job Type: Full T Description: We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed. As a company, we were established by Chuck over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future. Our Opportunity: In our AML and OFAC Office, we assess risk presented to our business partners and the affirmative commitment to comply with all laws and regulations governing money laundering activities, as well as those identified under OFAC. Our key objective is training to ensure employees understand and comply with applicable regulations. We are currently offering the opportunity for a dynamic and engaging AML professional to join our team as a Senior Quality Assurance Analyst to conduct department QA reviews of AML and OFAC processes performed at varied frequencies ranging from monthly to annually. The Senior Specialist will also perform quality control tasks to ensure suspicious transactions are appropriately identified and documented and Suspicious Activity Reports (SARs) are correctly filed in accordance with regulatory requirements and agency guidelines. What you’ll do: •Escalate alerts, cases and SARs that do not meet Corporate BSA standards and follow through to resolution. •Assist the AML QC Manager with administration of a QC Program and maintain QC standards and procedures, including risk-based standards, for compliance testing. •Continuously assess inherent risks and mitigating controls in the execution of established procedures set for the AML Department. •Recommend modification to processes through actionable reporting of observations. •Document results and maintenance of QA reports, findings, observation and correspondence. •Develop new reviews as needed to support business process. •Provide ad hoc technical and administrative support for AML Department. What you have: •A bachelor’s degree. •Knowledge of Anti-Money Laundering (AML), Bank Secrecy Act (BSA) and OFAC regulations. •The ability to work independently and take initiative on a range of AML Department-related activities. •2 years of investigative experience with specific emphasis on AML, BSA and/ or fraud prevention. •Experience in the completion of SARs. •Excellent written and oral communication skills; •Excellent investigative, analytical and problem resolution skills. •Familiarity using AML compliance monitoring systems. •Preferably Certified Anti-Money Laundering Specialist (CAMS) and prior audit and/or quality control experience. What you’ll get: •Everyday Wellness: Healthy Rewards, Onsite Fitness Classes, Healthy Choices, Wellness Champions •Financial Fitness: 401k Match, Employee Discounts, Personalized advice, Brokerage discounts •Work/Life Balance: Sabbatical, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer •Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships •Not just a job, but a career, with an opportunity to do the best work of your life. Learn more about Life@Schwab Chris Trotta Talent Research Advisor chris.trotta@schwab
Posted on: Thu, 05 Jun 2014 06:18:00 +0000