Financial Crimes QA Analyst

The Financial Crimes QA Analyst will be responsible for performing operational and compliance assessments for various products, services, and areas of the bank related to BSA/AML, Fraud, and OFAC compliance and risk. The QA Analyst will routinely utilize analytical methods to evaluate and validate data, evaluate controls, and identify potential risks, gaps, or areas of non-compliance. The QA Analyst is responsible for root cause analysis and providing recommendations for process/control improvements to help mitigate risk and achieve compliance. 

1. Independently plan, lead, and execute assessments related to BSA/AML and OFAC regulation and Fraud detection and prevention.

2. Independently develop testing activities and employ various testing methods designed to assess compliance. Analyze testing results, systems, and data to identify the root cause for unexpected or undesirable results and/or provide assurance that the controls and processes are working as expected. 

3. Work collaboratively with various business units and process owners throughout the assessment process to prepare the scope and ensure testing objectives are adequately designed and effective to achieve the assessment purpose and address risk. 

4. Draft reports to summarize results for key stakeholders with actionable and effective recommendations. Produce and maintain documentation to evidence testing activities, analysis and support the results of the report. 

5. Document and track follow-up activities to include management response, corrective action plans, and remediation. 

6. Consistently utilize analytical methods, discretion, and independent judgment to evaluate bank processes against the bank's BSA/AML, OFAC, and Fraud Programs and Procedures to identify potential anomalies, control gaps, and support the bank's risk assessment.

7. Proactively perform research and other activities to stay informed of product details, emerging issues, regulatory changes, procedural and system changes, to help identify areas of risk, develop testing activities, and opportunities for enhancement.

8. Utilize independent judgment to review key risk indicators for the purpose of identifying and assessing emerging risk.

9. Assist with building, maintaining, and updating various management reports, risk assessments, coverage assessment, and assist with gathering data for audits and regulatory exams, as needed. 

10. Assist in the creation, management, and organization of QA procedures and job aids and continually evaluate processes to identify opportunities to streamline, improve, or add efficiencies. 

11. Independently manage assigned projects and tasks to ensure timely completion, quality, and accuracy of work product and results.

Position Requirements:

Self-motivated professional with a can-do attitude who possesses the following:

• Bachelor's degree, required
• Requires a minimum of 2-4 years prior audit experience or a combination of audit, risk analysis, and compliance testing
• Prior experience working in a financial institution or with BSA/AML, OFAC, Fraud, strongly preferred
• Strong analytical and critical thinking skills - ability to problem solve, review and analyze data, assess risk.
• Detail-oriented with strong time management, organizational, and project management skills. Effectively manage multiple projects and tasks.
• Strong skills in Microsoft Office with demonstrated ability to utilize Word and Excel.
• Excellent communication and relationship management skills - professional and effective communication, build trust and maintain effective and strong relationships with peers, team members, and process owners.
• Integrity, adaptability, and continuous learning

This position is onsite in the Oklahoma City office.