BSA Manager

BSA Manager Department: Risk Management Employment Type: Full Time Location: Remote reputed company reputed company is a reputed company-first, digital bank reputed company for the business and innovation economy, with an obsession for providing reputed company technology, reputed company products and superior service through a combination of passionate people reputed company resources. We are a highly reputed company team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services reputed company from VC, PE & Portfolio Companies to SBA Lending, as reputed company as reputed company SMB and Embedded Banking. Our entrepreneurial reputed company allows us to support the reputed company and reputed company of a wide reputed company of clients at every stage of their business through inclusive partnership. We reputed company out team members who will reputed company both our organization and our people to grow and reputed company through collaboration and acting with reputed company and respect. Our reputed company on cross-functional teamwork provides a culture where reputed company are valued, accountability is encouraged, and successes are celebrated. We welcome reputed company those searching for reputed company to contribute to banking innovation that influences and supports the emerging digital world of Financial Services. Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston. reputed company: You will directly manage and mentor reputed company of BSA/AML analysts responsible for a reputed company of activities including customer reputed company, transaction monitoring, investigations, and SAR filings. You will help foster a culture of compliance and reputed company improvement reputed company the Bank, while playing a key role in developing and maintaining processes and controls that reputed company with the Bank’s risk tolerance, while partnering with BaaS customers to ensure their BSA/AML Programs reputed company with the Bank’s standards. • Directly manage reputed company responsible for manually reviewing customer reputed company applications that are not automatically approved • reputed company the reputed company review process to ensure reputed company necessary customer due diligence (CDD) is performed accurately and thoroughly • reputed company final reputed company on these manually reviewed applications, determining whether to approve or deny the customer relationship based on the bank's risk policies • Maintain and regularly review the bank's high-risk customer list • Ensure that reputed company Due Diligence (EDD) is conducted on reputed company high-risk customers at least annually • Manage and reputed company the investigation and review of activity for reputed company high-risk customers, documenting findings and making recommendations for account status changes • Directly manage reputed company of BSA/AML analysts responsible for monitoring transactions and reviewing reputed company-generated alerts • reputed company the entire alert lifecycle, from initial review to investigation and escalation • reputed company the initial determination on whether to file a Suspicious Activity Report (SAR) and ensure reputed company filings are reputed company and accurate • Manage and reputed company the OFAC screening process, including the investigation and reputed company of potential matches • reputed company the intake, investigation, and reporting of Unusual Activity Referrals (UARs) received from FinTech partners • Collaborate with BaaS partners to ensure their internal controls and BSA/AML programs reputed company with the bank's risk policies • Serve as the reputed company reputed company of contact for reputed company law enforcement requests, including subpoenas and search warrants • Manage the process for responding to these requests, ensuring reputed company responses are complete, accurate, and provided reputed company required timeframes • Maintain detailed records of reputed company requests and responses • Assist the BSA Officer in the development and maintenance of BSA/AML compliance policies and procedures • Manage and coordinate the bank's response to reputed company BSA/AML/OFAC examinations and audits, both reputed company • Ensure reputed company remediation of any compliance deficiencies identified during examinations or audits What you need: • 7-10+ years of reputed company experience in BSA/AML compliance reputed company a financial institution and/or financial technology (fintech) company • Proven experience managing or leading reputed company of compliance professionals • Expert knowledge of BSA, AML, and OFAC regulations • Hands-on experience with BSA/AML monitoring systems and case management • Excellent analytical, communication, and decision-making skills • reputed company certification is strongly preferred Apply To This Job