Quality Assurance Analyst
3 weeks ago
The Quality Assurance (QA) Testing Associate will work within the Financial Crimes Compliance (FCC) Unit, responsible for assessing compliance with Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) and Sanctions laws and regulations. Key responsibilities include conducting day-to-day testing efforts related to Know-Your-Customer (KYC), Sanctions, FIU Investigations, and other FCC units. The QA Testing Associate will support planning and execution of unit activities, assist in training analysts, and evaluate compliance with AML/BSA and Sanctions policies and procedures.
Key Responsibilities
• Conduct day-to-day testing efforts related to KYC, Sanctions, FIU Investigations, and other FCC units.
• Evaluate compliance with AML/BSA and Sanctions policies and procedures using test scripts and judgment.
• Identify and compile thematic issues, document test results, communicate findings, and assist in drafting QA Testing Reports.
• Update QA Testing procedures and test scripts as necessary.
• Assist in collection and analysis of quantitative and qualitative Risk Assessment data.
• Perform validation and closure of issues identified during tests.
Requirements
To succeed in this role, you will need strong working knowledge of BSA/AML and Sanctions laws and regulations, as well as compliance requirements and standards impacting global financial services firms. You must be able to work independently and as part of a team, with high organization and attention to detail. Strong analytical skills are essential for identifying, documenting, presenting, and reporting issues. Proficiency in Excel and PowerPoint is also required.
About Us
Sumitomo Mitsui Banking Corp (SMMC) is a leading global financial institution with a 400-year history, operating in nearly 40 countries. We offer a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance.
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