BSA AML Officer
MAJORITY · Miami, FL · 1 mo ago
On-siteInformation TechnologyFull-time
About the role
We are seeking an experienced and hands-on BSA/AML/OFAC Officer to join our dynamic team. Reporting to the Chief Compliance Officer, this role will be instrumental in building and maintaining a world-class compliance program.
Responsibilities
- Advising businesses on new product, operations, and technology initiatives while overseeing a robust BSA/AML program.
- Developing and implementing strong policies, governance, and testing frameworks tailored to a unique customer base.
- Leading cross-functional efforts to address company or partner needs, ensuring compliance with regulatory standards.
- Partnering with third-party service providers to understand and meet their BSA/AML requirements, delivering comprehensive reports and outputs.
- Managing and leading compliance testing and audit programs to ensure ongoing effectiveness of the BSA/AML program.
- Identifying and escalating potential issues to senior management, ensuring timely and effective resolution.
Requirements
- 5-10 years of experience advising businesses on new product, operations, and technology initiatives and running a BSA/AML program, including KYC / CIP / Sanctions Screening / Transaction Monitoring / SARs.
- 5-10 years of experience with all pillars of a successful BSA/AML compliance program, including risk assessments, controls and monitoring, training, and reporting.
- 5-10 years of experience advising Operations teams on BSA/AML requirements, including KYC / CIP / EDD reviews, and reviewing and filing SARs and Unusual Activity Reports with sponsor banks.
- 5-10 years of experience with developing and executing compliance testing and/or audit programs for BSA/AML programs.
- Ability to lead cross-functional efforts in response to company or partner needs.
- Works well with diverse stakeholders.
- Ability to partner with third parties (banks, service providers) to understand requirements and deliver reporting, testing and other output effectively.
- Ability to synthesize a broad set of inputs to make effective critical judgments.
- Close attention to detail and a bias for action, delivery with quality, and speed.
Qualifications
- B.A. or B.S. degree; JD or LLM is a strong plus.
- Experience working for, or with, a fintech sponsor bank.
- CAMS certification or CRCM certification.
- Experience using AI tools.
- Spoken and written Spanish language skills are a major plus, though not required.
Benefits
We offer a competitive compensation package, including a comprehensive benefits program that includes health insurance, retirement plans, and paid time off.
Pay
The salary range for this role is $80,000 - $120,000 annually.
Schedule
This is an in-person position based out of our Wynwood office in Miami, FL.