BSA/AML & Fraud Controls QA Analyst

MidFirst Bank; Oklahoma City (OK); On-site; USD 55,000 - 75,000; Full time

Job summary

MidFirst Bank is seeking a Financial Crimes QA Specialist to analyze policy, procedure, and regulations related to BSA/AML, OFAC, and Fraud, and to conduct quality assurance testing to monitor compliance and identify risks or gaps in controls.

The role requires independence in testing, collaboration with QA team, and documentation of results, with a focus on improving controls and supporting regulatory exams.

Qualifications

• Associates degree strongly preferred or a high school diploma with 2+ years in audit/compliance testing or risk analysis may be considered.
• 1-2 years of experience in compliance/controls testing, data validation, or BSA/AML/Fraud analysis.
• Strong analytical and critical thinking skills for testing, problem-solving, data review and risk assessment.
• Excellent organizational and time management skills to manage multiple assignments and data.
• Excellent oral and written communication skills.
• Advanced skills in using Microsoft Office applications, particularly Excel.
• Self-starter with strong work ethic and attention to detail.

Responsibilities

• Independently execute testing activities to ensure controls adhere to bank policy and/or regulation.
• Collaborate with QA Analysts and QA Manager to ensure testing goals are addressed.
• Assist with tracking and monitoring corrective action/follow-ups.
• Conduct testing using various methods and accurately interpret and record results.
• Identify control and process weaknesses and assist in root cause analysis.
• Conduct follow-up testing to ensure remediation addresses risk.
• Prepare documentation outlining testing activities and results.
• Communicate concisely and professionally in writing and verbally.
• Assist in creating and managing department policies, procedures, and templates.
• Review bank programs, policy, procedures, and systems for various business units.
• Understand BSA and OFAC requirements and Fraud risk.
• Complete tasks supporting audits, risk assessments, regulatory exams, or other QA activities.
• Promote continuous improvement through training and process optimization.
• Perform miscellaneous duties and special projects.

Skills

Analytical skills

Communication skills

Excel proficiency

Audit/compliance testing

Data validation

Risk analysis

BSA/AML/Fraud knowledge

Education

Associates degree preferred

High school diploma with 2+ years experience accepted

Tools

Microsoft Office

Job description

MidFirst Bank is seeking a Financial Crimes QA Specialist to analyze policy, procedure, and regulations related to BSA/AML, OFAC, and Fraud, and to conduct quality assurance testing to monitor compliance and identify risks or gaps in controls.

The role requires independence in testing, collaboration with QA team, and documentation of results, with a focus on improving controls and supporting regulatory exams.