Sandy Spring Bank is currently recruiting for a BSA/AML Quality Control and Know your Customer (KYC) Analyst. This position is a part of the Regulatory Governance of BSA /AML & OFAC Financial Intelligence Department. Must comply with the provisions of all regulations under the Bank Secrecy Act/Anti-Money Laundering, the USA PATRIOT Act, Title III, Customer Identification Program and the Treasury’s Office of Foreign Assets Control (OFAC).

Primary job functions are to conduct (QA) quality assurance & QC quality control reviews on BSA/KYC and business line functions to ensure BSA/AML compliance including regulatory reporting. This position also includes periodic quantitative and qualitative analysis for the CIP/KYC/CDD/EDD documentation needed across all Business Lines for customers, products, services and business lines for BSA/AML/OFAC risk assessments. Also serves as subject matter experts for customers, products, services and business lines for BSA/AML/OFAC.

• Conduct quality control audits on department workflow processes, including, but not limited to; Business Lines workflow, internal controls, regulatory reporting, CTR Exemption reviews, and CIP/KYC/CDD-EDD for completeness and accuracy. Prepare summary to management team regarding QC reviews including observations and recommendations.
• Serve as a subject matter expert and conduct quality control audits of BSA/OFAC related functions of other lines of business including; Electronic Banking, Loans, Mortgage Dept. Third Party Service Providers, wire screening data mapping, CIP/CDD and Beneficial Ownership which are included in various sample reviews for documentation completion and retention
• Conduct quality control audits of OFAC processes regarding on-going screenings (new customers, periodic full customer, beneficiaries of standby letters of credit, TPPP merchants, etc.
• Assist BSA Officer and delegate with the schedule, metrics, reporting all QA/ QC reviews on a monthly basis.
• Follows all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA)
• A liaison between the Front Line and the BSA/AML & OFAC Department in identify training opportunities based on QA & QC results
• Able to articulate and provide training to Business Lines based on QA & QC results of identified deficiency in the on boarding and documentation process
• Review of complex business formation and governance documents, ensuring adherence to CDD/EDD-Beneficial Ownership Rule
• Ensure accuracy and identify enhancements of relevant Policy and Procedures pertaining to “Know your Customer”; Customer Information Program; and CDD/EDD Beneficial Ownership Rule
• Achieve and sustain a high level of quality, accuracy, and efficiency in the firm’s response to BSA, AML and OFAC matters

• Must have knowledge of the federal requirements under the Bank Secrecy Act requirements including Customer Identification Program/USA Patriot Act and OFAC (Office of Foreign Assets Control)
• Must have at least 3-5 years of experience of banking experience, quality assurance reviews, risk/audit managements of banking products/services
  Preferred knowledge of branch and/or loan operations
• Preferred experience in a financial institution with asset size $10B and over.
• Prefer a participant of a BSA/AML Certification program and current certification (or in process)
• Ability to work in a regulatory compliance department and interact with internal and external auditors/examiners
• Detailed oriented and good organization skills
• Requires excellent written and verbal communication skills (case documentation)
• Must be able to handle confidential customer information
• Ability to work with team members effectively
• Requires working knowledge of Microsoft Office Suite, Excel. Pivot, Graphs, Metrics
• Ability to work independently, but cohesively within a team of specialized associates, with high integrity and ethics
• Highly self-motivated with excellent communication skills and ability to manage and analyze data
• Excellent written and oral formats, including presentations to regulators, auditors, analysts, senior managers
• Exceptional analytical skills, judgment, and ability to prioritize tasks and work under pressure
• Experience with case management platforms a must. Exposure to platform implementation/enhancement environment a plus

SPECIFIC PHYSICAL REQUIREMENTS:

WORKING CONDITIONS:

• Normal office environment where there is almost no discomfort due to temperature, dust, noise, or other disagreeable elements.
• Work includes little or no potential exposure to hazardous conditions.
• Must be able to travel to remote company and/or client locations.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Sandy Spring Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. We maintain a drug-free workplace environment.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

If you require a reasonable accommodation to apply for a position, please call our job line at 1-800-399-5919 and select option 5. Requests are considered on a case-by-case basis.