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Veritas Partners

BSA Compliance Director

Veritas Partners, Baltimore, Maryland, United States, 21276

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This range is provided by Veritas Partners. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range $180,000.00/yr - $220,000.00/yr

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, but are not limited to, 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. In addition, 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.

Requirements

Bachelor’s degree and knowledge of banking regulations

10+ years of compliance experience of increased responsibility focused in developing and managing BSA AML Program

Extensive knowledge of Bank Secrecy Act/Anti Money Laundering/U.S. Patriot Act, OFAC Regulations and other relevant financial crime laws

Experience with Verafin a BSA/AML monitoring software and transaction surveillance systems

Well versed in regulatory reporting requirements such as SARs, CTRs, and FinCEN 314(a) requests

Leadership experience required

Seniority level Director

Employment type Full-time

Job function Accounting/Auditing, Finance, and Analyst

Industries Banking and Financial Services

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