BSA Compliance Manager Job at Veritas Partners, Washington DC

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  • Veritas Partners
  • Washington DC

Job Description

Overview The BSA Compliance Manager is responsible for working closely with the Director of AML BSA OFAC Compliance/BSA Officer in the development, implementation, and administration of all aspects of bank-wide Bank Secrecy Act and Anti-Money Laundering Programs. Responsibilities include becoming well versed in all aspects of BSA, AML, and OFAC processes, the Verafin automated system, and providing leadership to all business units in the area of BSA/AML and OFAC. This position works closely with the BSA Officer on internal and external reviews, remediation activities and model validation efforts. Supervises 5 other team members in the BSA department. Responsibilities Develop and administer BSA/AML/OFAC programs in collaboration with the Director and BSA Officer. Become well versed in BSA/AML/OFAC processes, Verafin, and related systems. Provide leadership to all business units in BSA/AML and OFAC. Support internal and external reviews, remediation activities, and model validation efforts with the BSA Officer. Supervise a team of 5 BSA department staff. Qualifications Bachelor’s degree and knowledge of banking regulations 10+ years of compliance experience with increasing responsibility focused on developing and managing BSA/AML programs Extensive knowledge of BSA/AML/U.S. Patriot Act, OFAC regulations, and other relevant financial crime laws Experience with Verafin BSA/AML monitoring software and transaction surveillance systems Experience with regulatory reporting requirements such as SARs, CTRs, and FinCEN 314(a) requests Leadership experience required Employment type Full-time Job function Accounting/Auditing and Finance Industries Banking and Financial Services #J-18808-Ljbffr Veritas Partners

Job Tags

Full time,

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