BSA Compliance Analyst

Quontic • Mesa, AZ, US • 2w ago

Why Work for Quontic?

Quontic Bank is a CDFI federally chartered digital community bank. We have a customer-centric culture built around helping our customers and giving back to local communities. We're making homeownership simpler, faster, and most importantly, more accessible for all communities across the United States.

Who We are

Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic's mission to break the system for financial empowerment stands in the face of big banks and proves there is a better and more equitable way to put the customer first. We focus on truly understanding and serving the underdogs, entrepreneurs, gig-economy workers, immigrants, and more with a curated banking experience as opposed to a one-size-fits-all banking approach.

What We Live By

Whatever your role, we are bound by a spirit of collective commitment and excellence in all aspects of our work. As an employee of Quontic, the importance of your contributions cannot be overstated. You are an important part of our team!

Your Primary Responsibilities Include:

The BSA Compliance Analyst is responsible for assisting with maintaining all aspects of the Bank Secrecy Act Compliance Program.

Job Responsibilities:

Directly responds to 314(a) and 314(b) inquiries and escalates potential watch list hits.
Responsible for proper completion and electronic filing of currency transaction reports (CTRs)
Reviews OFAC alerts and conducts customer screening
Maintains a current knowledge of the Bank Secrecy Act and all related anti-money laundering and OFAC regulations
Ensure proper completion of CIP risk rating, customer due diligence (CDD) and enhanced due diligence (EDD) requirements are met
Review and investigate alerts originating from the Bank's Transaction Monitoring System, perform continuous activity reviews, coordinate, initiate and respond to Branch Referrals and correspondence
Conduct investigations and file SARs, as needed
Perform special projects, and additional duties and responsibilities as required

Requirements

Education and Experience Requirements:

Bachelor's degree (or equivalent) in subject, or similar; OR associate degree and two (2) years of experience in functional area; OR high school diploma (or equivalent) plus four (4) years of experience in functional area. 
Additional one (1) years of progressive experience in functional area

Additional Job Requirements:

Demonstrated skills and experience with compliance & financial crimes functions
Experience with Knowledge of Bank Secrecy Act, USA Patriot Act, Money Laundering Control Act, Office of Foreign Asset Control regulations and interpretations, knowledge of bank laws and operations, risk assessment and analysis
Demonstrated experience with Microsoft Office 365 and the following technology: transaction monitoring software and FIS Horizon
Willingness to pursue continuing education, certifications, etc. as applicable to advancing in the organization.
Analytical and problem-solving skills
Interpersonal and communication skills with the ability to speak confidently
An ability to thrive in a fast-paced environment where priorities change daily, and where employees wear many hats
Detail-oriented with the ability to think "outside the box" and prioritize tasks and decisions in a timely manner
Self-directed, yet effective working as part of a collaborative team
Responsive and customer-focused with a demonstrated use of professional judgment

The above is merely a description. Responsibilities and duties are not limited to the above. Quontic reserves the right to change job descriptions at any time.

Benefits

This role's annual base salary range is $63,000 - $80,000.

In addition to a fulfilling career, we offer competitive compensation and a comprehensive benefits package that can fuel your financial milestones & keep you well. Full time employees are eligible for: