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Overview :

The BSA High Risk Team Lead is responsible for various functions within the BSA / AML Compliance area, an area of substantial importance with regard to regulatory compliance.

Fully knowledgeable and capable of filling in on day-to-day assignments if necessary using independent judgment. This position will hold a high level of responsibility with respect to the BSA / AML department for the Bank.

Principal Duties & Responsibilities :

Primarily responsible for Quality Assurance of cases completed by team members, ensuring adherence to standards critical for the bank's operational integrity.

Supervise and provide daily coaching to the BSA / AML High Risk team to enhance performance and compliance with regulatory requirements.

Support the team in staying updated on money laundering trends, typologies, FinCEN Geographical Target Orders, and other relevant areas.

Oversee timely analysis, documentation, and follow-up of cases to maintain regulatory compliance and operational efficiency.

Manage SAR reviews and filings to meet regulatory deadlines, mitigating risks of fines and regulatory scrutiny.

Participate in and manage special projects as required to enhance departmental capabilities and operational effectiveness.

Report and update the Investigation log regularly to ensure accurate tracking and documentation of cases.

Assign cases and ensure thorough follow-through, adhering to regulatory and departmental procedures and deadlines.

Manage deadlines associated with job responsibilities effectively to meet operational requirements.

Prepare for audits as needed, ensuring readiness and compliance with audit standards.

Provide managerial support during manager vacations and absences to maintain operational continuity.

Communicate effectively with various bank departments, keeping the FIU Manager and BSA Officer informed of significant alerts and cases.

Qualifications :

5-7 years of banking and BSA / AML including FinCen e-filing experience.

Experience as a team lead on cross-functional projects, demonstrating impact and influencing organizational change.

Knowledge of various systems, including core banking systems, Hyland Web Director, BI, and Microsoft Office; familiarity with NICE Actimize is a plus.

Thorough understanding of BSA regulations and hands-on experience dealing with offshore clients focused on LATAM.

Understanding of the Bank’s products, services, customers, entities, and geographic locations.

Awareness of potential money laundering and terrorist financing risks associated with the Bank’s activities.

Knowledge of bank fraud and schemes.

Ability to assist business units in implementing processes necessary to comply with regulations.

Ability to support Business Units in performing risk assessments.

Strong analytical skills, problem-solving abilities, strategic thinking, and reasoning skills.

Proficiency in Microsoft Word, Excel, Access, and PowerPoint at an advanced level.

Education :

Bachelor's Degree in Business or equivalent work experience.

Special Instructions to Candidates :

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities.

Please view Equal Employment Opportunity Posters provided by OFCCP .

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Reasonable accommodation may be made to assist individuals with disabilities to complete the online application process. Please contact our Human Resources Department at (phone number removed) or by e-mail at .

Last updated : 2024-07-15