Apple Bank for Savings
Queens, NY, United States
Quality, Finance, Compliance
AT, Quality Control Analyst
Financial Crimes Compliance
Long Island City, NY
As the Quality Control Analyst, of the Governance & Controls unit, the incumbent is responsible for the daily quality control functions within the FCC sub-unit team within Apple Bank for Savings (the “Bank”). The Governance & Controls unit acts as a primary subject matter expert (“SME”) concerning all FCC governance documentation including policies, procedures, and management information analytics and reporting used to support BSA/AML and OFAC/Sanctions compliance across the Bank.
Specifically, the Quality Control Analyst will other members of the standalone function to
complete Quality Control Reviews (“QCR”)
of key FCC deliverables from other sub-units, including the Suspicious Activity Report (“SAR”) Form created by the Financial Intelligence Unit (“FIU”). Additionally, as needed, the incumbent will focus on other Governance & Controls unit projects and ensure its sub-units are operating efficiently, and understand and comply with the Bank's BSA/AML and OFAC/Sanctions Policy and related sub-unit procedures.
Conducting QCR on SAR-related processes for accuracy and efficiency; performing root cause analyses and helping formulate recommendations for enhancement.
Maintaining a high degree of relevant knowledge with respect to BSA/AML laws and regulations, especially those related to SAR completion and filing requirements.
Assisting with other QCR on FCC sub-unit processes, as directed by the VP, Head of Governance & Controls.
Assisting with training of FCC employees based on the results of the QCR process.
Assisting with the development of a new employee onboarding and training program for the FIU.
Assisting with FCC governance documentation including policies, procedures, and management information analytics and reporting, as directed by the VP, Head of Governance & Controls.
Additional Responsibilities Include:
Applying independent judgment in the identification and escalation of key BSA/AML/OFAC risks.
Displaying a high level of professional aptitude and standards.
Recommending improvements to process in areas of efficiency, control, and work product.
Participating in committee meetings as necessary.
Ad-hoc and project support responsibilities, as required.
Skills and Qualifications:
Minimum 1 year of experience in banking compliance or internal audit, with a strong emphasis on BSA/AML regulations and requirements preferred.
Minimum 1 year of experience in SAR preparation and filing preferred.
An undergraduate degree is required. A professional certification is a plus. CAMS certification is preferred, but can be obtained at a later date (within 6–9 months of hire).
Excellent verbal, written, and interpersonal communication skills.
Excellent researching and time management skills with strong focus on attention to detail.
A team player able to work effectively in a team-fostered, multi-tasking environment.
Apple Bank offers Medical, Dental, Vision, 401k, Tuition Reimbursement and more, to full time employees.
We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, military and/or veteran status, or any other Federal or State legally-protected classes.
Apple Bank for Savings
Website : https://www.applebank.com