Assist with the development and maintenance of a comprehensive and up-to-date program to ensure ongoing compliance with the Bank Secrecy Act (BSA), Anti-Money Laundering, and OFAC regulations.
Assist in managing the BSA program to ensure that all department monitoring, investigation, data validation, reporting and recordkeeping functions are performed.
Assist with the risk assessment for BSA & OFAC on an annual basis.
Assist with updating the BSA/AML & Sanctions policies, procedures, and related forms & disclosures.
Evaluate the adequacy and effectiveness of procedures and controls within the BSA & Sanctions program and propose enhancements, as needed.
Ensure the timely performance and documentation of the periodic review of high risk customers.
Using software and reports, identify higher risk customers for enhanced due diligence. Ensure the maintenance of accurate and complete records on high-risk customers including documentation of enhanced monitoring.
Ensure for proper completion and electronic filing of Suspicious Activity Reports (SARs) to FinCEN and Voluntary Self Disclosures (VSDs) or other regulatory required reporting to OFAC and U.S. regulators as required.
Contribute to reporting on key risk and performance indicators and workflow metrics for senior management with a view to improving the client experience, optimizing processes and providing transparency to senior management regarding operating and control effectiveness.
Partner with Product Owners, Legal, and Compliance teams to educate and drive the appropriate execution of financial crime compliance requirements.
Prepare for and respond to regulatory requests and examinations.
Manage special projects assigned, as needed.
WHAT YOU WILL NEED:
Minimum of 5 years of relevant experience in financial crimes compliance at a regulated financial institution.
Knowledge of laws, regulations, and guidance governing client due diligence and related processes (e.g., USA PATRIOT Act, FinCEN / OFAC rules and guidance).
Experience working with high risk client groups.
Experience working to improve onboarding processes integrated across front office and operations.
Excellent written and verbal communications skills, good organizational and time management skills.
Professional experience with cryptocurrencies is advantageous but not required.
Professional certification (e.g., ACAMS, ICA) preferred.
This role needs to be located in Dallas.
COMPENSATION & PERKS:
Competitive salary and meaningful equity in an industry-leading company.
Hybrid office model (remote & on-site schedule)
The opportunity to be a key player and build your career at a rapidly expanding, global technology company in an exciting, emerging industry.
Comprehensive health, dental, and vision benefits.
Unlimited vacation policy to maintain work-life balance.
The latest Apple equipment for optimal productivity.
Performance-based bonuses
Opportunities to travel to vibrant global hubs, including London, Paris, Singapore and Miami.
