Head of Business Risk

This is a banking position
The BSA High Risk Manager is responsible for leading the Bank’s High Risk Unit and overseeing all high-risk customer review activities to ensure compliance with BSA/AML, USA PATRIOT Act, OFAC, and other applicable regulatory requirements. This position manages the high-risk review process, conducts quality assurance oversight, provides guidance on complex AML investigations, and serves as a key resource for identifying and mitigating financial crime risk.

The ideal candidate will have extensive experience in BSA/AML compliance, high-risk customer reviews, enhanced due diligence (EDD), OFAC compliance, and AML investigations within a banking environment. This role requires strong leadership skills, sound judgment, analytical expertise, and the ability to manage multiple priorities while ensuring regulatory compliance and operational excellence.

Lead and oversee the daily operations of the High Risk Unit.
Manage the distribution and assignment of high-risk customer portfolios.
Ensure timely completion of all quarterly, annual, and ongoing High Risk Reviews.
Perform quality assurance reviews of completed High Risk Reviews and investigative work.
Review and approve requests for information, customer documentation, and escalation recommendations.
Identify, assess, and mitigate AML, OFAC, sanctions, and financial crime risks.
Oversee enhanced due diligence (EDD) reviews for high-risk customers and lending relationships.
Review and update High Risk Review procedures to align with regulatory expectations and industry best practices.
Provide AML guidance and support to business units and bank personnel.
Mentor and develop team members on investigative techniques, transaction analysis, and money laundering typologies.
Analyze customer activity, transactional behavior, geographic risks, and industry-specific risks.
Maintain compliance with BSA, AML, USA PATRIOT Act, OFAC, and other applicable regulations.
Support regulatory examinations, audits, and compliance reviews.
Prepare reports, findings, and recommendations for senior management.
Participate in special projects and perform additional duties as assigned by the BSA/AML Officer.

Minimum 5 years of BSA/AML experience within a banking environment required.
Experience managing or overseeing High Risk Reviews required.
Strong knowledge of BSA, AML, USA PATRIOT Act, OFAC, and related regulatory requirements.
Strong understanding of money laundering typologies, sanctions compliance, and suspicious activity indicators.
Experience performing quality control or quality assurance reviews within a BSA/AML department.
Knowledge of high-risk industries including MSBs, MRBs, broker/dealers, precious metals, and other complex customer types.
Experience analyzing financial transactions, account activity, and customer risk profiles.
Ability to manage multiple deadlines and priorities in a fast-paced environment.
Strong proficiency with Microsoft Office and AML research tools.
Bilingual English/Spanish required.