Senior BaaS Compliance Specialist

Job Summary

OMB Bank is seeking a Senior BaaS Compliance Specialist to join their team. This role plays a critical role in overseeing and implementing compliance programs for OMB's BaaS and Third-Party programs, focusing on coordination of internal controls for fintech partnerships and adhering to BSA requirements. The position reports to the Director of Third-Party Risk Management and works closely with the BaaS Team to ensure operational functions comply with relevant laws, regulations, and policies.

Duties

• Identify, review, develop, and execute OMB’s BaaS Third-Party compliance strategy, aligning with business objectives and regulatory requirements.
• Support the design of policies, procedures, and controls ensuring regulatory compliance across all BaaS/Third-Party operations, including customer onboarding, transaction monitoring, ongoing monitoring, and third-party partnerships.

Position Requirements

• Bachelor’s degree (BA) or equivalent from a four-year college or university in a business-related field or equivalent experience.
• Four or more years’ previous experience in banking/finance regulatory compliance.
• Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) certification preferred.
• Advanced knowledge of federal, state, and other governing agencies regulations and requirements related to bank processing and transaction monitoring.
• Disciplined in protecting and managing highly confidential information/material.
• Effective time management skills (capable of managing and prioritizing multiple tasks).
• Professional, composed, and assertive, capable of managing high-pressure situations and displaying a sense of urgency.
• Demonstrated self-motivation; productive, efficient, organized, accurate work output with no supervision while working independently and within a team environment.
• Excellent verbal, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions and train personnel.
• Strategic planning, activity coordination, and problem-solving techniques to handle complex issues of multiple facets and variables in non-standardized situations.

Benefits

• Excellent work environment with recognition for individual efforts and contributions.
• Stability with a locally owned community bank that is growing and expanding in the region.
• Paid leave: Paid Time Off, Military, Bereavement, and Jury Duty.
• Full and partially paid insurance plans: life w/ AD&D, disability, medical, and dental.
• Cost-friendly insurance: vision, critical illness, accident, supplemental life w/ AD&D.
• 100% match of retirement savings (up to plan limit).
• Discounted financial service fees on select OMB products and services.
• More benefits include futures made brighter and banking made better.

Company Information

OMB Bank was founded in 1999 with a commitment to excellence in service. They offer the latest in banking products and services combined with old-fashioned customer service. They are committed to giving their employees the kindness, courtesy, and professionalism they deserve.

Disclaimer

The above description relates the general nature and level of work performed by people assigned to this classification. It is not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform tasks outside of their regular responsibilities from time to time, as needed.