Perform compliance, AML, BSA, Dodd-Frank, UDAAP, Cole Memo, and money services business audits using proprietary software (through SQL and SAS) and 3 rd party vendor analytics products. Services audited include but were not limited to general purpose reloadable prepaid cards, check cashing, and Western Union.
- Coordinate and manage audit schedules with a team of 13 field auditors and 1 local employee using a risk-based approach.
- Perform OFAC compliance reviews and process requests for BSA Title 31 summonses from the IRS.
- Coordinate and oversee Western Union compliance reviews and Southwest Border States compliance.
- Evaluate and provide assurance that risk management, control, and governance systems are functioning as intended with consultation from legal counsel.
- Report issues and internal controls deficiencies and provide recommendations for improving business operations.
- Instruct regional managers on anti-money laundering practices and assist with staff development.
- Prepare, track, and evaluate reports for government agencies. Reports include but are not limited to CTRs and SARs.
- Assist in refining, setting, and forming company policies to address changes in laws and within the retail finance industry.