Compliance Manager – BSA/AML Program

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

📋 Description

• Oversee the design, implementation, and ongoing enhancement of BSA/AML, CDD, EDD, transaction monitoring, and sanctions screening processes.

• Provide guidance on deposit product initiatives and collaborate with Product, Legal, Operations, Engineering, and Enterprise Risk teams.

• Create and manage BSA/AML compliance initiatives, encompassing deposit product launches, regulatory improvements, and control enhancements.

• Administer continuous CDD and EDD programs for deposit accounts, ensuring alignment with CIP, Red Flags Program, and BSA/AML procedures.

• Assess risks and typologies to formulate transaction monitoring rules and investigation protocols.

• Keep abreast of FinCEN guidance, OFAC sanctions, and FFIEC BSA/AML examination requirements, adapting controls as needed.

• Establish KRIs, KPIs, and management reporting to evaluate the effectiveness of the BSA/AML program.

• Convert regulatory mandates and risk trends into actionable recommendations for stakeholders and senior leadership.

• Facilitate the resolution of findings from examinations, audits, monitoring, and testing.

⛳️ Requirements

• A Bachelor's degree or equivalent practical experience is required.

• A minimum of 7 years of experience in BSA/AML compliance, financial crimes compliance, or related Risk or Compliance roles within a bank or regulated financial institution.

• Proven experience in implementing and managing customer onboarding, identity verification, CDD, EDD, sanctions screening, and ongoing monitoring processes.

• Solid understanding of the Bank Secrecy Act (BSA), USA PATRIOT Act, Customer Due Diligence Rule, and associated BSA/AML risks linked to deposit products.

• Experience in developing AML risk assessments, KRIs/KPIs, and management reporting while leading cross-functional compliance initiatives.

• Excellent organizational, analytical, and communication abilities.

• Capability to identify gaps in policies and procedures and drive their resolution.

• Familiarity with audit and exam readiness, including evidence collection, testing, monitoring, addressing findings, and responding to inquiries.

• CAMS, CAFP, or equivalent certification is preferred.

• Experience supporting deposit products is preferred.

• Knowledge of BSA/AML tools for transaction monitoring, case management, and customer screening is preferred.

• Experience collaborating with examiners, auditors, and third parties is preferred.

• Understanding of regulatory change management is preferred.

• Ability to investigate complex compliance issues and conduct root cause analysis is preferred.

• Willingness to work across East and West coast time zones.

🏝️ Benefits

• Competitive compensation package, including base salary, bonus opportunities, and quarterly vesting annual equity grants.

• 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to an annual limit of $15,000.

• Employee Stock Purchase Plan (ESPP) offering discounted stock purchase options for eligible employees (available in the US only).

• Comprehensive health insurance coverage, including medical, dental, vision, and wellness resources.

• Contributions to Health Savings Accounts for eligible plans (available in the US only).

• Life insurance and disability coverage provided.

• Paid time off, sick leave, and designated company holidays.

• Paid family and parental leave benefits.

• Family-oriented benefits that support fertility, parenthood, and caregiving responsibilities.

• Employee Assistance Program (EAP) providing mental health support and life-centered resources.

• Financial planning tools and financial concierge services (available in the US only).

• Annual wellness allowance for health-related expenses.

• Annual productivity allowance for acquiring relevant tools and resources.

• Opportunities for team events, company-wide updates, and participation in employee resource groups (ERGs).

• Regular team on-site meetings and in-person collaboration opportunities.

• On-site perks such as catered lunches and fully stocked micro-kitchens at company offices.