Head of BSA/AML and Compliance Job at Mbanq, Bothell, WA

a1B5ZzJsUndET3ZxTUxOTmppU0h6TldwMWc9PQ==
  • Mbanq
  • Bothell, WA

Job Description

About the Role:

We are seeking an innovative and strategic leader to join our team as the Head of BSA/AML and Compliance. In this pivotal role, you will report directly to executive leadership and oversee the compliance team and serve as the designated BSA/AML Officer. You will ensure full adherence to regulations and requirements, including BSA, AML, CIP, OFAC, FinCEN, and the US Patriot Act. 

Key Responsibilities: 

  • Team Leadership: Provide strategic direction and support to the compliance team, fostering a culture of collaboration and excellence. 
  • Regulator Expertise: Maintain up-to-date knowledge of BSA/AML, OFAC regulations, and related compliance requirements. 
  • Compliance Oversight: Manage and ensure adherence to compliance requirements, including UAR submissions, for each sponsor financial institution. 
  • Advisory Role: Deliver tailored compliance and regulatory solutions to FinTech partners, aligning with business objectives and risk management practices. 
  • Process Collaboration: Partner with relevant teams on KYC, KYBC, and Enhanced Due Diligence (EDD) processes to ensure robust customer verification protocols. 
  • Data Analysis: Monitor and analyze reports and transaction data to identify trends, mitigate risks, and detect suspicious activities. 
  • Strategic Reporting: Prepare and present BSA/AML-related reports to senior leadership and the Board of Directors. 
  • Training Development: Design and implement comprehensive training programs to ensure team and organizational adherence to BSA compliance standards. 
  • Risk & Audit Management: Lead BSA Risk Assessments and coordinate audits to evaluate compliance program effectiveness. 
  • Travel Requirements: Travel as necessary (10% to 15%) to support compliance operations and collaboration with partner institutions. 

Requirements

About You:

  • Educational Background: Bachelor’s degree in business, accounting, finance, economics, or a related field. 
  • Professional Experience: Minimum of 5+ years in Compliance and AML roles, including leadership experience. 
  • Regulatory Expertise: Deep understanding of BSA/AML Compliance frameworks, regulatory requirements, and interpretation. 
  • If outside WA, open to relocating.

Benefits

  • Competitive base salary 
  • A role that has a decisive impact on positioning our team and company for future growth 
  • Collaboration with Senior experts from different fields, based in the US and globally 
  • A culture that encourages trust & promotes an ownership mentality and rapid career growth 
  • Health Insurance Reimbursement Program

 

Job Tags

Relocation,

Similar Jobs

Midwest Ent & Allergy

Medical Assistant/Clinical Assistant/CNA Job at Midwest Ent & Allergy

 ...Job Description Midwest ENT & ALLERGY physician practice searching for Medical Assistant/Clinical Assistant/CNA to assist physician in busy ENT clinic. Experience in a clinic setting preferred. Candidate will work directly with physician rooming patients, taking vitals... 

The HT Group

Security Manager Job at The HT Group

 ...has partnered with our client in search of a fully onsite, Security Manager, Monday thru Friday, 8am - 5pm in the West/Southwest area of...  ...risk-based assessment process and oversees security at our Corporate location, including loss control for jewelry/gem receiving and... 

The TEA Center

Preschool Teacher fluent in Spanish, French or Mandarin Job at The TEA Center

Looking to be part of a growing successful child care center? As a Preschool teacher at the Transformational Education Adventure Center, you will be part of a fast paced business while making a difference in the lives of children. Prefer candidates with a CDA or a degree...

Gpac

Drywall Estimator: $125K-$150K Job at Gpac

JOB DESCRIPTION: $125K-$150K SEEKING COMMERCIAL DRYWALL PROJECT MANAGERS & ESTIMATORS GPAC: #1 Commercial Drywall Recruiting Firm in North America: WORK FOR A LEADING CONTRACTOR I am working with multiple well-respected, firmly established Commercial Drywall Contractors... 

Audubon Companies

Mechanical Engineer, Principal Job at Audubon Companies

Audubon is currently seeking a Part-time Mechanical Engineering Associate, Principal to join our team in our Metairie, LA Office. The Mechanical Engineering Associate, Principal will perform mechanical engineering assignments associated with designing equipment, components...