About this role
Role Overview
- Supporting the bank’s BSA/AML Program and ensuring compliance with all applicable BSA/AML and OFAC rules and regulations across all business areas
- Review automated transaction monitoring alerts and conduct investigations of suspicious activity
- Drafting high-quality Suspicious Activity Reports (SARs)
- Liaise with Business Lines, Client Onboarding, Operations, and Legal to support compliant onboarding practices
- Participate in compliance regulatory examinations and internal audits
- Contribute to transaction monitoring 'tuning' efforts and the development of new detection scenarios
- Contribute to the ongoing development, maintenance, and updating of AML team procedures
Requirements
- Bachelor’s degree required
- Graduate Degree in Law, Business, or other related areas is highly desirable
- At least five years of experience in BSA/AML
- Must possess in-depth technical knowledge of BSA/AML, USA PATRIOT Act, OFAC Sanctions compliance, Know Your Customer (KYC), and transaction monitoring review and reporting
- Active Certified Anti-Money Laundering Specialist (CAMS) designation (preferred) or ability to acquire within 180 days of hire
- Ability to read, write and speak Spanish is highly desirable
- Knowledge of LATAM/Spain regions is highly desirable
Benefits
- Generous employee benefits package
- Discretionary bonus