BSA Compliance Manager

Overview

We are seeking a detail-oriented BSA Compliance Manager to lead our bank's anti-money laundering (AML) and Bank Secrecy Act (BSA) compliance initiatives. In this pivotal role, you will oversee the development, implementation, and maintenance of robust compliance programs that align with regulatory requirements and industry best practices. Your expertise will ensure the organization's adherence to federal and state laws, mitigate financial crime risks, and promote a culture of compliance across all banking operations. This position offers an exciting opportunity to influence our compliance strategy while working in a fast-paced, collaborative environment dedicated to integrity and excellence.

Duties

Regulatory Monitoring & Policy Maintenance: Monitor daily updates from regulators (FRBNY, FDIC, OCC, etc.) and update internal BSA/OFAC policies and procedures accordingly.

Reporting & Filing: Maintain and submit CTRs, SARs, and other regulatory forms. Report blocked or rejected items to OFAC within 10 days.
Day-to-Day Oversight: Review departmental monitoring reports, perform batch filtering, and oversee daily updates to OFAC, PEP, and UN screening lists.

Compliance Liaison & Examination: Act as a liaison with federal regulatory agencies on compliance matters, coordinate examinations, and ensure prompt corrective actions for any identified compliance deficiencies.

Training & Project Management: Conduct periodic BSA/OFAC training for employees and submit semi-annual statements of compliance implementation status.

Oversee and maintain the Branch's BSA/AML Compliance program and Regulatory Compliance Policy and Procedures.

Education:

Bachelor's degree or above, preferably in Business, Finance, or Law.

Experience:

Minimum 3-5 years of BSA/AML or regulatory compliance experience in the U.S. banking industry.
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