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

bkpkRlQzZ1pMNGhUZGhXczl2U1RiWUQ3Smc9PQ==
  • 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

International Staffing Consultants

Process Engineer, Paper Coating Job at International Staffing Consultants

 ...Process Engineer Specializing In Paper Coating We are seeking a skilled and innovative Process Engineer specializing in Paper...  ...providing high visibility within the organization. Benefits Comprehensive benefits package offered. International Staffing Consultants

Salesforce

Summer 2025 Intern - Product Design - Slack Job at Salesforce

 ...Description This position is only eligible for rehire interns from our Summer 2024 class. Slack, a Salesforce company, is on a mission to make your working life simpler, more pleasant, and more productive. We are hiring a Product Design Intern for Summer 2025 to... 

American Automobile Association

Call Center Representative Spanish Bilingual - Roadside Assistance Work from home Job at American Automobile Association

Call Center Representative Spanish Bilingual - Roadside AssistanceAs a remote, work from home AAA Roadside Assistance Call Center Representative - bilingual in Spanish / English, you are the first point of contact for our valued members facing distress on the roads.... 

Rumpke of Ohio

CDL Residential Front Load Driver Job at Rumpke of Ohio

*Sign on Bonus of $5,000* CDL Residential Front Load Drivers are responsible for servicing customers with the collection and hauling...  ...Working Conditions/Aspects: Must have at least a valid Class B CDL. Must have a valid DOT Medical Card or able to obtain prior... 

Vans Interstate

Class A Truck Drivers - Owner Operators needed in West Michigan Job Job at Vans Interstate

Class A Truck Drivers - Owner Operators needed in West Michigan JobMasselink Brothers / Van's Interstate Service has openings in our Intermodal container fleet to run MI, IN and IL. Paid % of gross.We have years of experience in ELD compliance.Requires a good driving...