SVP & BSA Manager

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Job Title : SVP & BSA Manager

Department : BSA (Hybrid - HQ Office & Remote)

We are looking for a SVP & BSA Manager to join our BSA team. The BSA Manager is responsible for managing and supervising the BSA staff and for assuring that the Bank is in compliance with the Bank Secrecy Act, USA PATRIOT Act, OFAC, and all other applicable laws.

Key Responsibilities :

• Keep Board of Directors and Senior Management informed on new BSA requirements, presents reports on BSA Activities timely, and monitor training as required by the BSA Policy and Program.
• Function as the subject matter expert for BSA / AML & OFAC compliance.
• Review and update policies and procedures associated with BSA / AML / OFAC, and related operating processes and improvements across all of departments, as required by updates in the laws and changes in the Bank procedures.
• Drive the implementation of policies, procedures, and controls to prevent the Bank from being used for money laundering or terrorist financing and ensure the compliance with OFAC sanctions.
• Ensure various corporate BAM software, OFAC screening software, and the OFAC database are functioning as intended.
• Ensure the existence of a comprehensive, effective, and efficient BSA / AML & OFAC compliance program and oversee its functioning on an ongoing basis.
• Maintain infrastructure to support OFAC sanctions and other regulatory control lists by providing guidance in decision making process.
• Coordinate and administer employee BSA training and monitor its effectiveness. Provide oversight and guidance for training requirements to meet regulatory standards.
• Ensure all BSA-related reporting and filing is completed timely and accurately.
• Oversee the dissemination of BSA / AML / OFAC and related laws through the Bank.
• Coordinate and respond to the Bank's annual internal BSA audit and the Safety and Soundness Exam for the BSA portion.

Requirements / Qualifications :

Employee Benefits & Perks

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