AML/BaaS Oversight Manager

This is a fully remote position, open to applicants in Minnesota.

📋 Description

• Oversee AML/BaaS Oversight analysts or teams tasked with partner supervision, monitoring protocols, documentation evaluation, issue tracking, and AML/BaaS control activities.

• Prioritize tasks, allocate resources, manage workloads, and ensure risk-based execution is carried out accurately and on time.

• Define quality standards, review escalated issues, and ensure that findings, recommendations, and follow-up actions are properly documented.

• Lead oversight routines for BaaS partners, which include periodic assessments, remediation follow-ups, evidence collection, issue aging, and management reporting.

• Recognize trends, process deficiencies, control issues, and recurring challenges; implement necessary enhancements.

• Mentor, develop, and evaluate the performance of analysts, managers, supervisors, and senior analysts.

• Collaborate with compliance, risk, operations, business, and partner-facing teams.

• Assist with audits, examinations, internal evaluations, and regulatory preparedness.

• Manage outsourced BSA/AML/OFAC functions through planning, due diligence, contracting, ongoing oversight, and termination processes.

• Assess partner control frameworks, business modifications, regulatory replies, risk assessments, and termination strategies.

• Monitor issues until they are resolved and validated.

• Represent the function in governance meetings, remediation discussions, audits, and examinations.

• Conduct regular one-on-one meetings and facilitate execution through situational leadership.

⛳️ Requirements

• AML/BaaS Oversight Manager: at least 4 years of relevant experience in AML, BSA, financial crimes compliance, risk management, fraud prevention, operations, BaaS oversight, or a similar regulated setting.

• AML/BaaS Oversight Senior Manager: minimum of 6 years of relevant experience in AML, BSA, financial crimes compliance, risk management, fraud prevention, operations, BaaS oversight, or a similar regulated setting.

• Bachelor’s degree or equivalent professional experience.

• Previous experience supervising, managing, or formally leading compliance, risk, monitoring, review, or control teams/workstreams.

• Proficient understanding of AML, BSA, KYC, CDD, EDD, transaction monitoring, issue management, quality review, and related control or oversight practices.

• Experience in prioritizing tasks, assigning responsibilities, monitoring workloads, reviewing escalated matters, and ensuring timely completion of oversight tasks.

• Capacity to mentor, develop, and manage team performance.

• Experience collaborating with cross-functional stakeholders and facilitating remediation efforts.

• Senior Manager: in-depth knowledge of risk-based oversight, quality assurance, governance, and regulatory practices.

• Senior Manager: experience in supporting audits, examinations, regulatory responses, or remediation activities.

• Exceptional analytical, organizational, communication, problem-solving, influencing, and change leadership abilities.

• Some travel may be necessary to meet business requirements.

🏝️ Benefits

• Competitive bonus structure.

• Comprehensive benefits package.

• Travel support for business-related needs, including team collaboration, internal training, and cross-functional initiatives.

• An inclusive culture that emphasizes respect, value, diversity, and belonging.

• Opportunities for coaching, skill enhancement, and professional growth.

• Recognition for contributions and performance.