AVP/Financial Crimes Investigations

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 are

Quontic 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 By

Whatever 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:

The AVP/Financial Crimes Investigations oversees the Financial Crimes investigation program, including SAR filing and fraud prevention. This role also serves as the back-up BSA Officer when the SVP/Financial Crimes is unavailable.

Job Responsibilities:

•  Administer the Bank’s Financial Crimes investigation program, including SAR filing.
• Ensure work of the Financial Crimes Investigation team is assigned and effectively completed within all internal and regulatory timelines.
• Conduct Quality Assurance and Quality Control of Financial Crime Investigations team work.
• Agilely manage the continuously changing fraud and financial crimes landscape by working with colleagues within Financial Crimes and across the organization to adjust controls as needed to manage fraud losses to a level consistent with the Bank’s risk appetite.
• Provide counsel to Financial Crimes leadership regarding emerging issues and assist in the development of controls to mitigate risk.

• Serve as the functional BSA Officer when the BSA Officer is unavailable.
• Assist with preparing monthly Financial Crimes Board Report.
• Assist with annual BSA/AML and OFAC risk assessments to objectively measure the effectiveness of existing controls, evaluate risk mitigation efforts, and determine residuals risks.
• Complete the annual Identity Theft/Red Flags Risk Assessment.
• Participate in audits and examinations, including addressing findings.
• Assist with the development and periodic update of all Financial Crimes policies and procedures to ensure the Bank is adhering fully with all applicable rules, regulations, and guidance.
• Assist with the development and presentation of Financial Crimes training.
• Research BSA/AML/OFAC related issues as they occur and provide appropriate clarification or interpretation to the BSA/AML Officer based on applicable rules, regulations, and guidance.
• Perform special projects, and additional duties and responsibilities as required.

Requirements

• Bachelor's degree (or equivalent), or similar; 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 five (5) years+ of progressive experience in functional area.
• Expertise with Financial Crimes functions.
• Expertise with Microsoft Office 365 as well as financial institution software.
• In-depth knowledge of OCC regulations and compliance requirements.
• One of the following certifications including: CAMS, CFE, CAFP, or CFCI.
• Willingness to pursue continuing education, certifications, etc. as applicable to advancing in the organization. 
• Analytical and problem-solving skills.
• Interpersonal 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.

Benefits

This role's annual base salary range is $102,000 - $128,000.

In addition to a fulfilling career, we offer competitive compensation and a comprehensive benefits package that can fuel your financial milestones & keep you well. Full time employees are eligible for:

• Health, Dental, Vision, & Life Insurance
• Financial Wellness Planning & Coaching
• Counseling Support Services & Resources
• Paid Parental Leave
• Pet Insurance
• 401K Match
• Employee Bank Accounts with Quontic
• Generous Paid Time Off