BSA/AML Officer

Job Description

The BSA/AML Officer is responsible for ensuring compliance with anti-money laundering and Bank Secrecy Act regulations within our financial institution. This role demands a keen understanding of regulatory frameworks and the ability to develop robust compliance programs.

Responsibilities

• Establish protocols to monitor and report suspicious activities.
• Coordinate with law enforcement and regulatory agencies during investigations.
• Assess and enhance the effectiveness of the compliance program.
• Support internal audit reviews related to BSA/AML compliance.
• Develop and maintain documentation of compliance procedures.
• Monitor changes in legislation affecting BSA/AML compliance.

Requirements

Education

• Bachelor's degree in finance, business, or a related field
• Certification in BSA/AML compliance, such as CAMS

Experience

• Minimum of 5 years' experience in a BSA/AML compliance role

Technical Skills

• Regulatory Compliance
• Risk Assessment

Soft Skills

• Analytical Skills
• Communication
• Detail-oriented

Certifications

• Certified Anti-Money Laundering Specialist (CAMS)
• AML Compliance Certification

Languages

• English: Fluent

Advantageous

• Experience in the banking sector: Prior experience working within a banking environment.
• Leadership experience: Experience managing a compliance team is a plus.
• Familiarity with anti-fraud measures: Knowledge of fraud detection methods.

Benefits

• Health, dental, and vision insurance.
• Generous retirement plan.
• Flexible working hours.
• Opportunities for professional development.

Company Culture

• Teamwork: We value collaboration and teamwork, encouraging knowledge sharing among our employees.
• Professional Growth: We offer continuous learning opportunities and career advancement.
• Inclusivity: We are committed to creating a diverse and inclusive workplace.