Deputy BSA/AML Officer

A regulated financial institution is seeking an experienced Deputy BSA/AML Officer to provide enterprise-level oversight of its financial crimes compliance program. This is a senior program management role covering BSA/AML, sanctions, risk assessment, governance, regulatory reporting, training, testing, examinations, and issue remediation. The individual will serve as a key backup to the institution's designated BSA Officer and work across multiple financial crime functions to ensure policies, controls, and program standards remain consistent and effective.

RESPONSIBILITIES

• Serve as the primary alternate to the designated BSA Officer and provide program leadership when needed.
• Maintain and enhance the institution's BSA/AML and OFAC compliance framework, including enterprise policies, procedures, governance documentation, and control standards.
• Lead the annual review and approval process for BSA/AML and sanctions policies, including materials requiring senior management or Board approval.
• Own the enterprise BSA/AML/OFAC risk assessment, including methodology, inherent risk, control effectiveness, residual risk, and supporting documentation.
• Perform financial crime risk assessments for new products, services, delivery channels, third parties, and strategic partnerships.
• Ensure consistency across KYC/CDD/EDD, transaction monitoring, investigations, sanctions, information sharing, and quality assurance activities.
• Provide oversight of SAR and CTR processes, exemptions, regulatory recordkeeping, and applicable information-sharing requirements.
• Coordinate relevant FinCEN information-sharing activities, including 314(a) and 314(b) processes.
• Provide senior-level review and challenge around suspicious activity investigations, SAR decisioning, and filing quality.
• Own the enterprise financial crime training framework, including annual and role-specific BSA/AML, sanctions, and fraud education.
• Coordinate independent BSA/AML testing with internal audit or external reviewers and manage supporting documentation and responses.
• Lead preparation for regulatory examinations, including information requests, stakeholder coordination, walkthroughs, and examination responses.
• Track regulatory, audit, and testing findings through remediation, validation, and closure.
• Prepare financial crime program reporting and risk information for executive management and governance committees.
• Partner with operations, product, technology, compliance, and business leadership to incorporate appropriate financial crime controls into new and existing activities.
• Support enhancements to transaction monitoring, case management, sanctions, and governance technology.

CANDIDATE PROFILE

• 8–12+ years of BSA/AML and OFAC compliance experience within a U.S. Bank or other regulated financial institution.
• Previous experience as a Deputy BSA Officer, BSA Officer, or senior leader with significant BSA program ownership.
• Deep knowledge of the Bank Secrecy Act, USA PATRIOT Act, OFAC requirements, and FFIEC BSA/AML examination standards.
• Demonstrated ownership of an enterprise BSA/AML/OFAC risk assessment, including methodology development and the ability to defend conclusions during examinations or audits.
• Experience managing a comprehensive BSA/AML policy and procedure framework through a complete governance and Board approval cycle.
• Hands-on experience coordinating independent testing and managing federal banking examinations and resulting remediation.
• Strong knowledge of SARs, CTRs, 314(a), 314(b), and BSA recordkeeping requirements.
• Experience working across KYC, transaction monitoring, investigations, sanctions, QA, and related financial crime functions.
• Exposure to higher-complexity customer segments such as MSBs, fintech companies, and virtual asset businesses is preferred.
• Experience within a newly established or nationally regulated banking institution, including familiarity with OCC supervisory expectations, is strongly preferred.
• CAMS or a comparable financial crime certification is preferred.