Chief Compliance & BSA Officer

Chief Compliance & BSA Officer

About the Company

A bank with a corporate compliance program, transaction monitoring, and BSA/AML oversight

Industry
Banking

Type
Privately Held

About the Role

The Company is seeking a Chief Compliance and BSA Officer to lead the establishment and maintenance of a robust compliance program. The successful candidate will be responsible for due diligence, transaction monitoring, internal controls, and training to ensure that all processes and procedures adhere to regulatory standards. This role also involves overseeing the BSA department and acting as a liaison between the company, regulators, and internal auditors. The Chief Compliance and BSA Officer will be expected to conduct legal, transactional, and compliance-related research, advise on legal and business risks, and participate in product development to maintain subject matter expertise in legal and compliance requirements. Applicants must have a Bachelor's degree in a related field, with a Master's degree preferred, and a minimum of 10 years of proven experience in financial services with a focus on BSA/AML. Strong analytical, interpersonal, organizational, communication, and creative thinking skills are essential, as are strong people and presentation skills. The ideal candidate will have a significant background in compliance with federal and state financial institution regulations or in the audit of financial institutions, and CAMS certification is preferred. Responsibilities also include updating and reviewing bank policies and procedures, maintaining compliance training programs, and supervising areas of the company to ensure compliance with consumer laws. The role requires the ability to report and address any compliance violations and to maintain required annual external continuing professional education.

Functions

• Legal