Quality Assurance Specialist, Financial Crimes

Charlotte, VT - USA

Monthly Salary: $ 42000 - 62000

Posted on: 25 days ago

Vacancies: 1 Vacancy

The job posting is outdated and position may be filled

Job Summary

Varo is an entirely new kind of bank. All digital mission-driven FDIC insured and designed for the way our customers live their lives. A bank for all of us.

Varos Financial Crimes Risk Management (FCRM) team is made up of forward-thinking creative and enthusiastic individuals who are constantly striving to safeguard the financial sector from misuse and provide actionable intelligence to law enforcement. Our FCRM Quality Assurance department supports various AML processes including transaction monitoring alert/case investigations Enhanced Due Diligence (EDD) reviews of high-risk customers and Suspicious Activity Report (SAR) filings.

What youll be doing

Review transaction monitoring alert case and SAR notes supporting documentation rationale and narratives
Provide investigative feedback and quality assurance (QA) results in a clear and concise manner
Thoroughly document the results of your quality assurance reviews and ensure that feedback enhances the quality of work within the department
Identify and escalate common and/or repeat findings that require further action to remediate
Collaborate with peer groups and leaders to ensure that identified errors are addressed within the established timeframe(s)
Refine desktop investigative procedures making process recommendations to increase efficiency and risk mitigation effectiveness as needed

Youll bring the following required skills and experiences

Prior Financial Institution experience with an understanding of banking regulations and BSA/AML obligations
1 years of prior transaction monitoring & surveillance investigations experience in financial crimes counter-terrorism anti-bribery and/or anti-fraud
Experience working as a Quality Assurance specialist or in a quality control capacity preferred.
Ability to get work done in a timely and efficient manner knowing when to use judgment to make risk based decisions
Extremely organized and detail oriented with strong time management skills; ability to stay focused and prioritize work with limited supervision
Excellent written and verbal communication skills interpersonal and collaborative skills

$42000 - $62000 a year

For cash compensation we set standard ranges for all US-based roles based on function level and geographic location benchmarked against similar-stage growth companies. Per applicable law the salary range for this role is $42000 - $62000. Final offer amounts are determined by multiple factors as well as candidate experience and expertise and may vary from the identified range.

This role is also eligible for a bonus equity and competitive benefits.

We recognize not everyone will have all of these requirements. If you meet most of the criteria above and youre excited about the opportunity and willing to learn wed love to hear from you!

About Varo

Varo launched in 2017 with the vision to bring the best of fintech into the regulated banking system. Were a new kind of bank all-digital mission-driven FDIC-insured and designed around the modern American consumer.

As the first consumer fintech to be granted a national bank charter in 2020 we make financial inclusion and opportunity for all a reality by empowering everyone with the products insights and support they need to get ahead. Through our core product offerings and suite of customer-first features we aim to address a broad range of consumer needs while profitably serving underserved communities that have been historically excluded from the traditional financial system.

Learn more about Varo by following us:

Facebook - - - is an equal opportunity employer. Varo embraces diversity and we are committed to building teams that represent a variety of backgrounds perspectives and skills. All applicants will be considered for employment without attention to race color religion sex sexual orientation gender identity national origin veteran or disability status.

Beware of fraudulent job postings!

Varo will never ask for payment to process documents refer you to a third party to process applications or visas or ask you to pay costs. Never send money to anyone suggesting they can provide work with Varo. If you suspect you have received a phony offer please e-mail emailprotected with the pertinent information and contact information.

CCPA Notice at Collection for California Employees and Applicants:

may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.

Required Experience:

Varo is an entirely new kind of bank. All digital mission-driven FDIC insured and designed for the way our customers live their lives. A bank for all of us.Varos Financial Crimes Risk Management (FCRM) team is made up of forward-thinking creative and enthusiastic individuals who are constantly striv...