BSA/AML/OFAC Officer
About the position Responsibilities • Ensures complete compliance with the Bank Secrecy Act, OFAC, AML, and all related regulations. • Administers risk-based program to prevent money laundering and countering the financing of terrorism (CFT). • Keeps current with all appropriate regulatory changes and court rulings. • Leads the Bank SAR Committee and presents recommendations regarding SAR filings. • Ensures timely completion and filing of all required BSA, OFAC, and AML reports. • Manages and maintains lists of high-risk and exempt clients, including maritime and other elevated-risk sectors. • Oversees BSA activity monitoring systems. • Maintains and updates BSA/AML, OFAC, and fraud policies, procedures, and risk assessments. • Prepares for BSA/AML regulatory examinations and independent audits. • Provides periodic updates to the Board of Directors and Senior Management on BSA compliance and fraud issues. Requirements • High School diploma or G.E.D required; BA/BS in Business, Accounting, or equivalent additional work experience required. • CAMS and/or CRCM certification preferred. • Minimum of 15 years of BSA/AML/OFAC experience, including five years of recent supervisory experience. • Experience working in large financial institutions, including experience with NY AML laws and requirements. • Expertise in global sanctions compliance, including OFAC and international regulatory frameworks. • Proven ability to manage and assess higher-risk client accounts, including those in the maritime industry. • Strong problem-solving, communication, and organizational skills. • Ability to work independently and multitask with limited supervision. • Proficient in Microsoft Office and BSA/AML monitoring systems. Benefits • Competitive compensation package • Generous paid time off program • Comprehensive medical, dental and vision coverage • Maternity/paternity leave • Hybrid work environment (for most roles) • Education reimbursement • Wellness programs • Participation in an Employee Stock Purchase Program • 401K with a generous match Apply tot his job