Job details

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.

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.

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

Average salary estimate

$115000 / YEARLY (est.)

min

max

$102000K

$128000K

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What You Should Know About AVP/Financial Crimes Investigations, Quontic

Hey there! Are you passionate about fighting financial crimes and making a meaningful impact? Quontic Bank is on the lookout for an AVP/Financial Crimes Investigations to join our team and help shape our efforts against fraud and financial misconduct. As a CDFI federally chartered digital community bank, we pride ourselves on our customer-centric approach, focusing on empowering underrepresented communities while striving to break the traditional banking mold. In this role, you will oversee our Financial Crimes investigation program, filing SARs, ensuring timely completion of investigations, and maintaining a robust fraud prevention framework. Your analytical skills and expertise will be crucial as you manage an evolving landscape of financial crimes, providing valuable insights to both team members and leadership. We believe in a collaborative spirit, so expect to participate in audits and contribute to the development of training programs designed to enhance awareness of financial crimes within the organization. If you're detail-oriented, a natural leader, and have a knack for problem-solving, you’ll fit right in. Besides contributing to meaningful work, you’ll enjoy a competitive salary range and a comprehensive benefits package including health insurance, financial wellness planning, and generous paid time off. At Quontic, we celebrate diversity and value each employee's unique contributions. Ready to take on the challenge? Join us and help drive change while building an inclusive banking experience for all!

Frequently Asked Questions (FAQs) for AVP/Financial Crimes Investigations Role at Quontic

What are the responsibilities of the AVP/Financial Crimes Investigations at Quontic Bank?

The AVP/Financial Crimes Investigations at Quontic Bank is tasked with overseeing the Financial Crimes investigation program, which includes SAR filing and fraud prevention. This role involves assigning duties to team members, ensuring effective completion within regulatory timelines, conducting quality control, and providing strategic counsel to leadership on emerging issues. Additionally, you will participate in audits and assist with BSA/AML risk assessments, contributing to the ongoing development of policies and training. This position is perfect for someone looking to play a crucial role in safeguarding financial integrity.