Sanctions QA Testing Officer - AVP

Company: HireTalent - Diversity Staffing & Recruiting Firm
Location: New York
Posted on: June 25, 2022

Job Description:

Client- An established Financial Services companyTitle: QA Testing Officer - AVPPosition Type: Full time hybrid Location: New York, NY 10020 SummarySanctions QA Testing Officer will report directly to the client's sanctions department and will work to strengthen the bank's OFAC/Sanctions program through effective oversight, testing, and documentation of the bank's sanctions operations.Principal Duties and Responsibilities

• Develop and implement a robust sanctions Quality Assurance (QA) program that covers sanctions operations, technology, and compliance risks. Create testing strategies, perform testing, and document testing results.
• Draft reports, and manage and track observations. Discuss observations and action plans with relevant business areas.
• Provide and present final reports to senior management and Compliance Committee, as applicable
• Ensure regulatory compliance for the US sanctions screening solutions
• Utilize knowledge of Sanctions technology and conduct implementation and optimization of screening systems (i.e. Fircosoft)
• Manage end-to-end implementation of various projects to meet with transactional and static data filtering needs
• Develop lessons learned training based on the test results and implement such training
• Develop and report on key sanctions related KRI/MISQualifications
  • BA/BS/JD Degree;
  • 3-5 years' experience working within sanctions compliance/operations functions of a bank;
  • Experience with audit, testing, or QA;
  • Strong knowledge of banking and securities products and services
  • In-depth understanding and working knowledge of OFAC sanctions regulations and compliance requirements and standards that impact the sanctions risk for a global financial services firm including transaction screening, KYC/client risk rating, securities screening, and risk assessments.
  • Strong organizational skills to identify, analyze, document and report issues.
  • Must possess strong:
  • Written and verbal communication skills, including report writing
  • Understanding of corporate governance and the OFAC regulatory environmentAbility to:
    • Manage multiple projects and meet timely deadlines
    • Draft reports outlining testing strategies, objectives, scope, findings, and recommendations
    • Work closely with multiple departments to complete projects and tasks

Keywords: HireTalent - Diversity Staffing & Recruiting Firm, New York , Sanctions QA Testing Officer - AVP, Other , New York, New York