SVP/Financial Crimes

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 areQuontic 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 ByWhatever 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:Manage a comprehensive BSAAMLOFAC Program to ensure personnel are complying with appropriate banking consumer laws and regulations, as well as Board approved policies and procedures. Provide appropriate training, support, and guidance as need is identified. Analyze new and pending laws and regulations which directly affect the company's practices to ensure compliance.Job Responsibilities:Advises Senior Management and Bank personnel of emerging compliance issues and consults and guides the Bank in the establishment of controls to mitigate risk.Assist the chief compliance officer in ensuring department activities run smoothly efficient by providing leadership, training, and supervision within the department.Coordinates and improves BSAAML program.Oversees monitoring program, including SAR filing and 314(a) reporting.Directly responds to 314(a) and 314(b) inquiries, escalates potential watch list hits, and prepares required regulatory reports.Ensures new product development includes full AML consideration.Maintains a current knowledge of the Bank Secrecy Act and all related anti-money laundering and OFAC regulations.Prepare monthly BSA Activity memo reports to Audit Committee.Files CTRs and responds to IRS reports - monitors BSA designated exempt persons manage compliance controls for and USAPA Sec 314(a) and reporting.Monitors legislative and regulatory developments regarding the Bank Secrecy Act and reports important compliance developments to board, management, and other bank personnel.Performs annual BSAAMLOFAC risk assessment.Oversees and develops BSAAML training for board, management, and staff.Coordinates regulatory and internal audit compliance examinations with Senior Management.Perform special projects, and additional duties and responsibilities as required.Education and Experience Requirements:Bachelor's degree (or equivalent); 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 eight (8) years+ of progressive experience in functional area.Five (5) years supervisory experience, preferably through subordinate managers.Expertise subject area, with ability to make significant contributions to the company.Additional Requirements:Extensive knowledge of BSA and AML laws and regulations, including the Bank Secrecy Act, the USA Patriot Act and OFAC requirements.Residential mortgage banking experience.CAMS Certification & Experience preferred with Patriot Officer BSA AML monitoring systems andor Global VisionPatriot Officer system.Effective experience with bank regulators.Knowledge of enhanced due diligence matters, financial fraud and applicable state and federal laws, payments, MSBs, correspondent banking and complex customer types and product -depth knowledge of OCC regulations and compliance requirements.Expertise with Microsoft Office 365 as well as financial institution software.Willingness to pursue continuing education, certifications, etc. as applicable to advancing in the organization.Analytical and problem-solving terpersonal and communication skills with the ability to speak confidently.Must be able to coach, mentor, and train.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.Proven track record of successful leadership and growth within the banking and financial industry.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.Quontic provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity andor expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Quontic will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at .

Created: 2024-10-27