Your Primary Responsibilities Include:
The AVP/BSA Program Manager is responsible for the execution and ongoing administration of the Bank's BSA/AML/OFAC compliance program. This role leads the BSA team, ensures adherence to regulatory requirements, and supports risk management through effective monitoring, reporting, and program oversight.
Job Responsibilities:- Oversee day-to-day BSA/AML/OFAC operations, including workload allocation, SLA adherence, regulatory timelines, and team performance.
- Manage transaction monitoring, alert review, SAR and CTR filings, OFAC/sanctions screening, IRS reporting, and 314(a)/(b) processes, ensuring accuracy, timeliness, and escalation of potential risks.
- Conduct QA/QC reviews of BSA work products, maintain integrity of BSA systems and data sources, and partner with IT/data teams to resolve issues.
- Lead and support BSA/AML/OFAC risk assessments, risk and control self-assessments (RCSA), and development of controls to mitigate identified and emerging risks.
- Serve as liaison for regulatory exams, internal audit, and DFS 504 certification; coordinate responses to findings and ensure timely remediation.
- Develop and update BSA/AML/OFAC policies, procedures, and training programs to ensure ongoing regulatory compliance and team readiness.
- Support execution of the BSA/AML program, including system implementations, vendor management, risk scoring methodologies, and third-party due diligence.
- Manage BSA-related projects, including system enhancements, product/service launches, onboarding initiatives, UAT/test plan development, and pilot execution.
- Create and deliver metrics, dashboards, and reporting for leadership, governance forums, and the Board; identify trends, risks, and performance gaps.
- Maintain deep knowledge of BSA/AML/OFAC regulations and emerging risks; provide guidance, interpretation, and recommendations to leadership.
- Serve as a key liaison across Compliance, Risk, IT, and business partners to support program execution and continuous improvement.
- Perform special projects, and additional duties and responsibilities as required.
RequirementsEducation and Experience Requirements:- Bachelor's degree (or equivalent) or similar; OR associate degree and two (2) years of experience in functional area; OR high school diploma (or equivalent) plus four (4) years of experience in functional area.
- Additional five (5) years+ of progressive experience in functional area.
Additional Job Requirements:- CAMS Certification preferred, or willingness to obtain the certification.
- Extensive knowledge of BSA and AML laws and regulations, including the Bank Secrecy Act, the USA PATRIOT Act and OFAC requirements.
- Residential mortgage banking experience.
- Knowledge of enhanced due diligence & high-risk customer management, financial fraud and applicable state and federal laws, payments, MSBs, correspondent banking and complex customer types and product offerings.
- Knowledge of automated transaction monitoring and high-risk customer modeling systems, watchlist screening systems/protocols including fuzzy logic and model tuning methodology/protocol.
- Ability to multi-task, inclusive of ability to plan, organize and prioritize workloads.
- Ability to work independently and as part of a team and work on own initiative, strong interpersonal and relationship building skills.
- Proficient in Microsoft Excel, Microsoft Word, Project Management tools, Transaction Monitoring and Screening solutions.
Please note that we are authorized to hire from the following states: AZ, CA, CO, CT, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MI, MO, NC, NH, NJ, NV, NY, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV. Successful applicants must be located in, or relocating to, one of these authorized states.
The above is merely a description. Responsibilities and duties are not limited to the above. Quontic reserves the right to change job descriptions at any time.
BenefitsThis role's annual base salary range is $104,000 - $133,000.
In addition to a fulfilling career, we offer competitive compensation and a comprehensive benefits package that can fuel your financial milestones & keep you well. Full time employees are eligible for:
- Health, Dental, Vision, & Life Insurance
- Financial Wellness Planning & Coaching
- Counseling Support Services & Resources
- Paid Parental Leave
- Pet Insurance
- 401K Match
- Employee Bank Accounts with Quontic
- Generous Paid Time Off
