Jobs for People with MS: National MS Society

Reference #: R-272 Main Office: 800 Philadelphia Street, Indiana, PA 15701

Work Days and Expected Hours: Monday-Friday:8:00 AM to 5:00 PM (Additional hours as necessary to meet the objectives of the department).

Function: The Financial Intelligence Group (FIG) Quality Control (QC) role is responsible for providing support to the Financial Intelligence Group Officer (FIGO) to ensure S&T operates in conformity with federal and state laws, rules, and regulations related to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) rules, USA PATRIOT Act (USAPA), Office of Foreign Assets Control (OFAC), and AML Act of 2020 to protect S&T from legal/compliance, reputation, and transaction risk. The QC Manager conducts QC monitoring and reporting, supports the FIG as requested by the FIGO or Deputy FIGO, and conducts monitoring on the automated fraud and AML (FRAML) compliance system.

Duties and Responsibilities

Responsible for maintaining current in-depth knowledge of federal laws, rules, and regulations related to the Fraud and BSA/AML Compliance Program. Responsible for possessing a thorough knowledge of S&T's BSA/AML Compliance Program; policies, procedures, and processes; as well as money laundering, terrorist financing, (ML/TF) and other financial crime methodologies.

Applies knowledge of regulatory guidelines and industry best practices in making recommendations to enhance procedures and mitigate risk.

Performs quality control (QC) functions in a timely manner to ensure accuracy, completeness, timeliness, and compliance on FIG processes, including but not limited to:

Alerts and other FIG functions consistent with FIG procedures

Cash ATM deposits, CD transactions, currency exchange transactions, monetary instrument transactions, and Currency Transaction Reports (CTRs)

Customer Identification Program (CIP), Customer Due Diligence (CDD) Exception Report, and collection of Beneficial Ownership information for new customer accounts and Enhanced Due Diligence (EDD) reviews.

Unusual activity referrals [unusual activity elevation forms (UAEFs)] and cases

FIG procedures, ensuring they accurately describe FIG processes and are compliant with current laws, rules, and regulations.

Software (e.g., Verafin, QualiFile, eWire) by testing the system(s) and selecting samples from various data sources and government lists (e.g., OFAC SDN List, FinCEN 311) and inputting names into the software systems to ensure accuracy and effectiveness.

Performs QC functions on other business unit processes/controls related to the Bank's AML/CFT and Sanctions/OFAC Programs, such as criminal history and negative news screening on new Commercial Banking and Business Banking customers prior to onboarding, as deemed necessary by management.

Documents and presents findings of QC reviews to FIG supervisory staff for remediation purposes.

Recommends specific revisions to training materials based on QC findings.

Analyzes FRAML compliance problems, issues, and transactions-upon request-and elevates significant identified problems and recommended solutions to the FIGO and other appropriate management.

Serves as the FIG Training Coordinator / Liaison with the Training and Development Department.

Assists the FIGO, Deputy FIGO, and/or FIG Coordinators with the following, upon request:

Audits, examinations, and model validation, particularly with the collection of information responsive to requested items.

Preparation of training materials involving regulations, systems, policies, and procedures

Works with Business Unit Compliance Analysts (BUCAs) and business unit managers, as directed by the FIGO, to ensure that FRAML compliance requirements and monitoring controls are included in business processes.

Maintains a good working relationship with all S&T employees and adheres to S&T's culture. Demonstrates a strong ability to work independently, as well as motivated to work as a team player, to contribute to t e success of the department and, in turn, the organization.

Exercises a high-level of accuracy, initiative, interpersonal skills, and confidentiality while performing tasks to contribute to the success of the department and the organization.

Performs additional duties as assigned.

Physical Demands

100% of the day is spent operating a keypad device. Uses manual dexterity skills for typing and data entry up to 100% of the business day. Must be able to occasionally lift and/or move up to 20 lbs. Specific vision requirements include close vision of 18"-20" for computer work. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education

Requires a four-year college degree or equivalent in Business, Legal Studies, Law Enforcement or related major or equivalent experience, plus specialized training. Responsible for possessing or the capability of understanding basic knowledge of US regulations regarding Bank Secrecy (BSA), Anti-Money Laundering rules, USA Patriot Act, Office of Foreign Assets Control, suspicious activity and Federal crimes.

Experience

Requires five to ten years general business experience and two to five years specialized experience, specifically, comprehensive experience administering a bank program to comply with federal laws, regulations and policies related to the Bank Secrecy Act, Anti-Money Laundering rules, USA Patriot Act. Office of Foreign Assets Control, and AML Act of 2020. Automated account monitoring software experience required.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Salary Range:

$36,438.00 - $70,000.00

EEO/AA Minority/Female/Disability/Veteran