BSA/AML Program Lead

Role Overview

• Conduct customer KYC reviews, including CIP, customer due diligence (“CDD”) and enhanced due diligence (“EDD”), as applicable, as part of the Bank’s AML Program
• Monitor, review, and action BSA/AML and Sanctions compliance alerts, including but not limited to unusual activity, OFAC, Politically Exposed Persons (“PEP”), 314(a) screening, and adverse media alerts, as applicable
• Independently conduct comprehensive investigations on confirmed screening matches, potential suspicious activity related to money laundering, fraud, or terrorist financing, and recommend when to file Suspicious Activity Reports (SARs)
• May assist in filing of SARs, as necessary
• Assist the BSA/AML Officer in complying with all sanctions-related risk and regulatory requirements
• Assist the BSA/AML Officer in reviewing and responding to requests from law enforcement, such as 314(a) related communication and other legal requests
• Assist with completing the Bank’s BSA/AML and Sanctions Risk Assessments
• Contribute to projects to improve and optimize the Bank's BSA/AML Program
• Support the BSA/AML Officer to ensure BSA/AML and Sanctions training is completed by appropriate Bank employees, training content is appropriate and up to date, and provide additional training, as required
• Perform quality assurance (QA) related tasks, as necessary
• Assist the BSA/AML Officer in ensuring third party service providers and/or affiliates are meeting AML Program related requirements under the applicable Service Level Agreements (“SLAs”)
• Perform customer and transaction analytics to identify trends and make recommendations to improve the Bank’s transaction monitoring solutions
• Collaborate with Support, Risk, Cyber, and other teams within Ford Bank
• Travel up to 10% of the time

Requirements

• Bachelor’s degree preferred or equivalent banking experience
• Four years of general banking or regulatory agency experience, with an emphasis in compliance or minimum of 2+ years of direct experience supporting BSA, AML, and/or Sanctions/OFAC compliance
• Understanding of BSA, AML, and Sanctions regulatory requirements and thorough working knowledge of the related processes
• Familiarity with all functional areas of banking
• Excellent oral and written communication skills
• Creative and analytical thinker who can manage multiple activities to completion within set deadlines
• Comprehensive understanding of general banking compliance regulations and laws
• Comprehensive understanding of general banking operations activities, products, and services
• Expertise in Microsoft products, such as Excel, Word, PowerPoint
• Ability to communicate effectively with staff at all levels
• Good organizational and time management skills.

Benefits

• Immediate medical, dental, vision and prescription drug coverage
• Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
• Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
• Vehicle discount program for employees and family members and management leases
• Tuition assistance
• Established and active employee resource groups
• Paid time off for individual and team community service
• A generous schedule of paid holidays, including the week between Christmas and New Year’s Day
• Paid time off and the option to purchase additional vacation time.