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BSA/AML Compliance Officer – To $150K– San Francisco, CA – Job # 2143

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our bank client is seeking to fill a BSA/AML Compliance Officer role in the San Francisco, CA market. The successful candidate will be responsible for administering all aspects of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Compliance Program and Office of Foreign Assets Control (OFAC) Compliance Program. The candidate will have a thorough understanding of the relevant banking laws and regulations and experience in handling the many diverse aspects of such compliance programs.

The position includes a generous compensation of up to $150K and a full benefits package. (This is not a remote position).

BSA/AML Compliance Officer responsibilities include:

  • Maintaining and improving, as needed, the current compliance programs to ensure sustained regulatory compliance.
  • Advising the CRO, senior management, and other Bank personnel of emerging compliance issues and present periodically to the Board of Directors.
  • Identifying and mitigating potential regulatory risk issues, assisting in providing BSA, AML, and OFAC and other compliance support by interacting with other Bank personnel pertaining to such issues.
  • Facilitating the test work portion of internal audits and model validation reviews and interacts with state and federal regulators during regulatory examinations all related to the BSA/AML and OFAC Compliance Programs.
  • Interacting with auditors, consultants, and regulators and will oversee the regulatory training program which may include conducting in-person training sessions for staff and management.
  • Reviewing internal monitoring reports designed to identify higher-risk BSA clients.
  • Maintaining various risk assessment documentation for BSA/AML and OFAC.
  • Completing and filing Suspicious Activity Reports (SARs) as required and properly documents SARs filed/not filed.
  • Supervising the BSA/AML Analyst position.
  • Revising policies as necessitated by changes to the laws and other market and regulatory factors.
  • Assisting in developing enhancements to strengthen existing Customer Due Diligence and Enhanced Due Diligence processes.
  • Maintaining proficient knowledge of the rules, regulations, and best practices related to Bank Secrecy, USA. PATRIOT Act, and OFAC and other regulatory laws and provides guidance as needed.
  • Implementing changes to the existing risk management framework including Board and management reporting, policies and procedures and limits, risk measurements, monitoring, and MIS internal controls.
  • Ensuring that appropriate training presentations and exercises meet regulatory criteria and are provided to relevant staff.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • Bachelor’s degree required.
  • Five or more years of administering most aspects of a BSA/AML/OFAC program.
  • Ten or more years of progressive experience in a banking or financial service
  • environment.
  • Certified Anti-Money Laundering Specialist (CAMS).
  • Extensive knowledge of regulatory requirements and compliance program elements.
  • Strong working knowledge of the regulatory examination process.
  • Understanding of correspondent banking desired.
  • Strong written and verbal skills required.
  • Ability to work independently and collaboratively.

The next step is yours. Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com

 

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