QC Analyst

MUFG Union Bank, N.A., is a full-service bank with offices across the United States. We provide a wide spectrum of corporate, commercial, retail banking, and wealth management solutions to meet the needs of customers. The bank also offers an extensive portfolio of value-added solutions for customers, including access to investment banking, personal and corporate trust, capital markets, global custody, transaction banking, and other services.

Reporting to the Quality Control Manager/Team Leader. Responsible for performing a quality control review of the analysis conducted by BSA Operations and/or Corporate Security & Investigations of possible suspicious activity to ensure compliance with the Bank Secrecy Act and the USA Patriot Act. The objectives of these reviews include: ensuring transaction monitoring system alerts/incidents are properly dis-positioned and appropriately documented; ensuring the investigation is completed in accordance with bank standards and regulatory guidelines; ensuring the decision to file a Suspicious Activity Report (SAR) is sound and supported with appropriate documentation; and ensuring Suspicious Activity Reports (SARs) are completed in accordance with regulatory guidelines. Reviews a variety of low and moderate complexity cases, requiring a level of experience needed to effectively assess transactions and customer relationships. Reviews may include increasingly complex reviews. This position is typically expected to work a very large number of reviews with little oversight and only minor corrections from supervisory reviews.

* (80%) Perform quality control reviews of AML & Fraud alert and case reviews conducted by BSA Operations and Corporate Security & Investigations to determine if the review and research were conducted in accordance with the quality standards and timeframes set for within established procedures, bank policy and regulatory requirements. Ensures alert and case determinations are appropriate, fully supported, and clearly documented. Document each review by thoroughly completing a QC Checklist. Demonstrate a detailed understanding of the various computer systems used for performing and documenting the investigations (ACM, FCA,ECA). Communicate concerns with the investigator and the Team Lead. * (10%) Maintains effective working relationships with key business partners. Maintains the ability to provide good customer service. Requires close working relationships with Financial Crime Risk Management business partners. * (5%) Stay abreast of developments concerning BSA/AML/Sanctions, fraud schemes, and sanctions. * (5%) Other duties as assigned.

* Minimum of 3 to 5 years direct work experience in AML risk analysis or equivalent with related experience in other areas of banking and preferably in the financial services industry. Excellent organizational, verbal, written, and interpersonal skills are required. Must be able to multi-task, adapt well to changing priorities, and effectively prioritize workflow to meet critical deadlines. * Ability to work in a fast-paced, demanding, and changing environment; must work well under pressure. Excellent analytical skills required. * Strong working knowledge of AML/BSA laws and regulations relative to money laundering and terrorist financing and the ability to apply this knowledge in assessing transaction activity; knowledge of monitoring of high risk customer accounts is preferred. * The ability and willingness to work independently is required. Typically requires a Bachelor’s Degree, and CAMS certification is preferred. Must attend and complete Bank-sponsored job related training.