Head of BSA/AML and Compliance Job at Mbanq, Bothell, WA

ZGYwamxKL3RIREF0OUI0MTdvWmFwdFEyWnc9PQ==
  • Mbanq
  • Bothell, WA

Job Description

About the Role:

We are seeking an innovative and strategic leader to join our team as the Head of BSA/AML and Compliance. In this pivotal role, you will report directly to executive leadership and oversee the compliance team and serve as the designated BSA/AML Officer. You will ensure full adherence to regulations and requirements, including BSA, AML, CIP, OFAC, FinCEN, and the US Patriot Act. 

Key Responsibilities: 

  • Team Leadership: Provide strategic direction and support to the compliance team, fostering a culture of collaboration and excellence. 
  • Regulator Expertise: Maintain up-to-date knowledge of BSA/AML, OFAC regulations, and related compliance requirements. 
  • Compliance Oversight: Manage and ensure adherence to compliance requirements, including UAR submissions, for each sponsor financial institution. 
  • Advisory Role: Deliver tailored compliance and regulatory solutions to FinTech partners, aligning with business objectives and risk management practices. 
  • Process Collaboration: Partner with relevant teams on KYC, KYBC, and Enhanced Due Diligence (EDD) processes to ensure robust customer verification protocols. 
  • Data Analysis: Monitor and analyze reports and transaction data to identify trends, mitigate risks, and detect suspicious activities. 
  • Strategic Reporting: Prepare and present BSA/AML-related reports to senior leadership and the Board of Directors. 
  • Training Development: Design and implement comprehensive training programs to ensure team and organizational adherence to BSA compliance standards. 
  • Risk & Audit Management: Lead BSA Risk Assessments and coordinate audits to evaluate compliance program effectiveness. 
  • Travel Requirements: Travel as necessary (10% to 15%) to support compliance operations and collaboration with partner institutions. 

Requirements

About You:

  • Educational Background: Bachelor’s degree in business, accounting, finance, economics, or a related field. 
  • Professional Experience: Minimum of 5+ years in Compliance and AML roles, including leadership experience. 
  • Regulatory Expertise: Deep understanding of BSA/AML Compliance frameworks, regulatory requirements, and interpretation. 
  • If outside WA, open to relocating.

Benefits

  • Competitive base salary 
  • A role that has a decisive impact on positioning our team and company for future growth 
  • Collaboration with Senior experts from different fields, based in the US and globally 
  • A culture that encourages trust & promotes an ownership mentality and rapid career growth 
  • Health Insurance Reimbursement Program

 

Job Tags

Relocation,

Similar Jobs

The Dog Wizard

Dog Trainer Job at The Dog Wizard

 ...Join the Middle TN Dog Wizard, where were leading the charge in innovative dog training with our balanced approach. Were on the lookout for passionate experienced Dog Trainers ready to elevate their careers with us. This role is an extraordinary chance to not only apply... 

Enterprise Medical Recruiting

Urgent Care Physician Assistant in Vancouver, WA - $59 to $72/Hour Job at Enterprise Medical Recruiting

An award-winning Urgent Care clinic that values collaboration, innovation, and inclusion is adding Family Medicine, Emergency Medicine, and Urgent Care experienced Physician Assistants to its value-based care team in Vancouver, Washington . Enjoy the flexibility to...

The Arc Southwest Georgia

Source Program License Practical Nurse (LPN) Job at The Arc Southwest Georgia

 ...SOURCE PROGRAM LICENSE PRACTICAL NURSE (LPN) JOB SUMMARY: The SOURCE Licensed Practical...  ...Systems or information. Other duties as assigned. May be required to assist with nursing needs...  ...of a typical office atmosphere. Frequent travel is expected as part of this job... 

ETS Dental

Oral Surgeon Job at ETS Dental

A very successful specialty private practice is interested in adding an Oral Surgeon to the team. The practice is known for providing high-quality and full scope services to their patients. The mission of this practice is to treat every patient with care and to also... 

Securitas Security Services USA, Inc.

Security Officer - Bath, NY Job at Securitas Security Services USA, Inc.

Securitas Security is currently accepting applications for future open positions!!!Candidates must have a minimum of 3 years security, military or police experience to qualify for these openings.Saturday-Sunday 0700-1500, Wednesday-Thursday 1500-2300 will be the days/...