Risk & Compliance/BSA Manager – Job # 3354

Risk & Compliance/BSA Manager

Our bank client is seeking to fill a Risk & Compliance/BSA Manager role in the Houston, TX market. The selected candidate will be responsible for the proposed revision, implementation, and oversight of bank policies, programs, and procedures to ensure compliance with related laws and regulations applicable to the Bank Secrecy Act, the USA PATRIOT Act, OFAC, and FACTA laws and regulations.

This position includes a generous salary of up to $85K, bonus, and a full benefits package. (This is not a remote position).

Risk & Compliance/BSA Manager responsibilities include:

• Lead or perform BSA/OFAC Program functions, including but not limited to: Serving as the designated BSA and OFAC Officer for the Bank. Conducting BSA, AML, and OFAC risk assessments. AML Transaction monitoring and appropriate reporting as needed. OFAC alerts management and any potential OFAC match escalations from the lines of business. Currency transaction reporting (CTR) and monitoring. Performing 314(a) information sharing searches. Participating in any remediation plans to address BSA deficiencies identified and ensure plans are well-documented and timely corrective action is taken. Elderly Financial Exploitation compliance and reporting function. Liaising with auditors on BSA/OFAC outsourced, co-sourced and external audits, and examiners during regulatory audits/examinations. Ensuring compliance and adherence to BSA and OFAC policies, procedures, and guidelines by using tools such as tracking forms, application forms, currency transaction reporting (CTR), suspicious activity reporting (SAR), monetary instruments sold for cash, customer exemptions, and the US Patriot Act.
• Lead or participate in operational risk functions, including but not limited to: Conducting operational risk assessments. Overseeing the Vendor Management function. Overseeing the day to day management of the Incident Response Plan. Reviewing internal and external operational events, working with appropriate parties to determine root causes and monitoring mitigating activities to ensure appropriate actions are taken.
• Lead or participate in Security governance and functions, including but not limited to: Conducting periodic Information Security risk assessments as necessary. Leading Information Security and GLBA table-top scenario analyses. Acting as a liaison with external partners for periodic penetration testing. Overseeing the governance of the Information Security Program. Overseeing the governance of the Business Continuity Program. Overseeing the Security Program, and direction for the Bank. Conducting periodic security assessments throughout the enterprise. Recommending, creating, or enhancing physical security policies across the enterprise. Monitoring adherence to operational and information security risk standards and policies. Acting as point of contact with law enforcement agencies on fraud and loss prevention events.
• Other duties as assigned by the CRO.

You're someone who wants to influence your own development. You're looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• Bachelor's Degree preferred or equivalent combination of education and experience.
• CAMS/CRCM preferred.
• Three or more years of experience in financial crimes detection/investigations including four years of AML experience within the financial services industry.
• Two or more years of direct team lead, supervisory or management experience.
• Four or more years of strong team leadership, communication, interpersonal and management skills, with a track record of leading through change.
• Four or more years leading high-performing AML operations teams with a commercial focus.
• Knowledge and understanding of the material requirements of the BSA/AML/OFAC Laws and Regulations and Sanctions.
• Knowledge and understanding of the material requirements of the FFIEC Interagency Bank Secrecy Act/Anti-Money Laundering Examination Manual.

Email us your current resume along with the position you are considering to resumes@symicorgroup.com