Fintech BSA AML Manager

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

📋 Description

• Offer strategic advice to fintech partners regarding BSA/AML program requirements, control expectations, and remediation efforts.

• Spearhead the creation, implementation, and enhancement of BSA/AML transaction monitoring scenarios for fintech partner initiatives.

• Adjust transaction monitoring thresholds to minimize false positives.

• Perform BSA/AML risk assessments for both new and existing fintech partners.

• Assess the effectiveness of controls and implement mitigating measures as necessary.

• Supervise CIP/KYC procedures, OFAC screening, and sanctions compliance carried out by fintech partners.

• Review financial activity to detect, investigate, and report suspicious transactions or potential fraud.

• Engage in BSA examinations with OCC examiners, including preparation, drafting responses, and implementing corrective actions.

• Construct and uphold the financial crimes component of the third-party risk management framework for fintech collaborations.

• Create and present BSA/AML training sessions for internal staff and fintech partner personnel.

• Act as the final reviewer for complex SAR investigations, ensuring timely and accurate SAR and CTR filings per FinCEN requirements.

• Keep abreast of regulatory updates and industry trends to enhance the Bank’s BSA/AML program.

• Prepare reports for the Board and senior management on BSA/AML program performance, emerging risks, and key metrics.

• Maintain a comprehensive understanding of legal and regulatory compliance issues pertinent to the role.

⛳️ Requirements

• Occasionally lift and/or move up to 10 lbs.

• Proficiency in English.

• Capacity to sit for extended periods and perform necessary physical activities such as twisting, bending, walking, reaching, balancing, stooping, and kneeling.

• Ability to use hands for operating office tools and controls.

• Required close, distance, peripheral, and depth vision, along with the capability to adjust focus.

• Bachelor’s degree (B.A.) from a four-year institution; or three to five years of related experience and/or training; or an equivalent combination of education and experience.

• A minimum of 7 years of progressive BSA/AML compliance experience in banking or financial services.

• At least 3 years of experience with fintech partnerships, BaaS programs, or digital banking platforms.

• Familiarity with OCC, FDIC, or Federal Reserve regulatory examinations.

• Experience in developing and implementing transaction monitoring programs.

• Proven track record in managing complex SAR investigations from detection to filing.

• Proficient in transaction monitoring platforms such as Verafin, Actimize, SAS, NICE Actimize, or Sardine.

• Advanced Excel skills, including pivot tables, VLOOKUP, and data analysis capabilities.

• Ability to work autonomously in a fast-paced, startup-like environment with minimal supervision.

• Exceptional written and verbal communication skills, including the ability to present to the Board and regulatory audiences.

• Strong analytical and problem-solving abilities.

• Proficient with standard office technology and quick to learn new systems.

• Willingness to travel occasionally for partner meetings and regulatory examinations.

• CAMS certification strongly preferred.

• CAFCA certification preferred.

• CRCM certification is a plus.

• CFE certification is a plus.

• Experience with Power BI or Tableau preferred.

• Familiarity with APIs and technical concepts related to digital banking.

🏝️ Benefits

• Employee Stock Ownership Plan.

• 401k Plan.

• Comprehensive healthcare coverage (Medical, Dental, Vision, Telehealth, Life insurance).

• 12-week Paid Parental Leave and Medical Leave, with a maximum of 20 weeks for eligible team members qualifying for both.

• $5,000 Family Care Reimbursement for childcare, elder care, student loan debt, pet expenses, or down payment assistance.

• Paid Time Off (PTO) ranging from 13 to 23 days based on tenure, with options for cashout and carryover.

• 10 Days of Sick Leave.

• 11 Paid Holidays.

• 4 Days of Volunteer Time.

• 2 Days of Self Allowance Time.

• Tuition Assistance.

• Competitive salary and benefits package.

• Employee Stock Ownership Program.