Senior Compliance Quality Assurance Officer

As a Senior Compliance Quality Assurance Officer at Kantox, your responsibilities include conducting risk-based quality checks on KYC activities, performing regular reviews of AML and sanctions processes, and identifying any operational gaps within internal KYC procedures. You'll be instrumental in providing actionable recommendations for process improvements and ensuring that all policies and procedures are integrated effectively into daily operations.

To qualify for the Senior Compliance Quality Assurance Officer position at Kantox, you should have at least 4-5 years of experience in AML/KYC processes, with a minimum of 3 years in a dedicated Quality Assurance role. A higher education degree in law, finance, or banking is required, and a Master's degree in Compliance or related fields is preferred. Additionally, professional certifications such as ACAMS or ICA are highly valued.

The Senior Compliance Quality Assurance Officer plays a vital role at Kantox by ensuring that all compliance-related activities meet regulatory standards and contribute to the overall effectiveness of the organization. By conducting thorough quality checks and monitoring KYC processes, you'll help safeguard the organization from risks while also fostering a culture of continuous improvement, which is central to our mission.

Essential skills for a Senior Compliance Quality Assurance Officer at Kantox include strong analytical abilities, excellent organizational skills, and a proactive approach to identifying and implementing process improvements. Deep knowledge of AML, KYC, and sanctions compliance frameworks, coupled with the ability to communicate effectively across all levels of the organization, is critical for success in this role.

At Kantox, the work culture is collaborative, inclusive, and focused on innovation. As a Senior Compliance Quality Assurance Officer, you’ll find an environment that encourages constructive feedback and accountability. With a diverse team representing over 40 nationalities, Kantox values learning and development, offering opportunities to grow your role while balancing work and life with hybrid working models.

When addressing your experience with AML and KYC compliance processes, it’s important to outline specific roles you've held and the key responsibilities associated with them. Highlight any direct involvement in conducting quality assurance, monitoring compliance within operations, and the tools or software you've used. Sharing quantifiable outcomes—like successful audits or improvements in compliance rates—will illustrate your competency.

In your response, discuss your systematic approach to compliance. This can include regular audits, quality checks, and staying updated on regulatory changes. Emphasize your experience with risk assessments and how you incorporate feedback from teams to enhance processes. This reflects your proactive nature and commitment to maintaining high standards.

Handling discrepancies requires a measured and detail-oriented approach. Discuss your process for investigating the root causes and coordinating with involved teams to address the issues. Communicating discrepancies respectfully and constructively promotes a culture of improvements. Be sure to give examples of past experiences or methods you've used to rectify issues.

Mention specific compliance technology tools you’ve utilized, such as ComplyAdvantage or other AML/KYC software. Highlight how these tools enhanced your work efficiency or contributed to successful compliance initiatives. Discuss any improvements you proposed or implemented based on your experiences with these tools.

Staying updated with industry regulations requires ongoing education. Discuss your commitment to professional development through workshops, webinars, or relevant certifications like ACAMS or ICA. Mention any professional networks, forums, or publications you follow to remain informed about industry updates and best practices, showing your proactive approach.

When discussing a significant compliance risk you identified, provide context about the situation and the potential impact. Emphasize your analytical skills by detailing the steps you took to analyze the risk, propose solutions, and implement changes. Highlight collaboration with teams to ensure compliance became a priority and contributed to organizational goals.

A collaborative approach to training and educating team members is vital for fostering a compliance-oriented culture. Share your strategies for creating engaging training sessions, incorporating practical examples, and encouraging open dialogue. Emphasize the importance of creating a safe space for questions, promoting a proactive stance towards compliance among team members.

In responding, underline your understanding of the complexities surrounding compliance, such as adapting to regulatory changes or keeping all teams aligned. Discuss specific challenges you have faced and the proactive mechanisms you developed, like structured communication channels or regular training, to address these challenges effectively.

Discuss your organizational skills and prioritization strategies to manage multiple projects effectively. Mention tools you use to track progress, along with techniques like setting clear deadlines, delegating tasks where appropriate, and maintaining open communication with stakeholders. Illustrating your ability to manage pressure while ensuring accuracy shows leadership qualities.

Demonstrate your knowledge of risk-based quality assurance by explaining its importance in focusing on areas with the highest risk to the organization. Discuss how you can leverage data and analysis to allocate resources effectively, highlighting any frameworks or methodologies you’ve employed to guide your QA efforts in compliance.