BSA/AML Compliance Officer - To 110K - Dallas, TX - Job 3484
On-site Dallas Full-time Mid-level Risk & Financial Compliance
At a glance
Mid-level Risk & Financial Compliance role at The Symicor Group. Dallas · full-time · up to $110,000 base.
SalaryStated by The Symicor Group
Up to $110,000
Base salary for this role, in USD per year, as published in the posting.
RoleRisk & Financial Compliance
SeniorityMid-level
LocationDallas
WorkplaceOn-site
EmploymentFull-time
Base payup to $110,000
PostedJan 30, 2025 · 1y ago
Role brief
financeroles summary, based on the employer's posting.
What you'll do
- Run the bank’s financial crime program across BSA, AML, CFT, OFAC and fraud detection requirements
- Oversee transaction monitoring, suspicious activity reports and customer due diligence to support timely, accurate detection
- Set quality controls, assess financial crime risks and improve the program’s policies, procedures and technology
- Manage examiner reviews and audits, coordinate with regulators and auditors, and address resulting issues
- Lead and develop the compliance team, deliver employee and board training, and report program status and risks to directors
What you bring
- At least ten years in BSA/AML compliance, audit or regulatory examinations, or a combination of these
- A CAMS credential or an equivalent anti-money-laundering certification is required
- At least five years leading a team or department
- Experience building BSA/AML risk programs at a federally regulated bank and working with auditors to resolve compliance issues
Who this fits
This mid-level role suits an experienced BSA/AML leader who can guide a team and present clearly to executives, directors and regulators. The job is based onsite in the Dallas area.
From the employer
BSA/AML Compliance Officer – To $110K – Dallas, TX – Job # 3484
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our client is seeking to fill a BSA/AML Compliance role in the greater Dallas, TX area. This role will be responsible for the administration of the Bank’s regulatory compliance function.
This position comes with a generous salary of up to $110K and full benefits package. (This is not a remote position.)
BSA/AML Compliance Officer responsibilities include:
Lead and oversee the Bank’s Financial Crime Risk Management (FCRM) program, ensuring compliance with BSA, AML, CFT, OFAC, and fraud detection regulations.
Design and implement appropriate quality control processes as part of the operational integrity of the FCRM program.
Oversee transaction monitoring, suspicious activity reporting, and customer due diligence processes to ensure timely and accurate identification of financial crimes.
Manage certain components of third-party relationships, including vendors and larger customers, ensuring they meet the Bank’s standards for financial crime risk management.
Supervise and develop the BSA/AML/CFT team, fostering a high-performance culture and continuous professional growth.
Work closely with internal stakeholders, including legal, compliance, risk management, and operations teams, to ensure the FCRM program is effectively integrated across the Bank.
Develop and deliver training programs to ensure all employees understand financial crime risks and the Bank’s compliance policies and procedures.
Promote a culture of compliance throughout the Bank, emphasizing the importance of financial crime prevention and detection.
Ensure the FCRM program meets or exceeds regulatory standards, staying current with relevant laws, regulations, and industry best practices.
Interpret and apply regulatory requirements, providing clear guidance to stakeholders and ensuring the Bank’s policies and procedures are compliant.
Serve as the primary contact for examiners during Financial Crime-related examinations, managing the entire process from engagement to resolution, including working closely with audit teams and managing any required audits.
Act as a key liaison with regulators, auditors, and examiners, providing necessary documentation and explanations related to the FCRM program.
Conduct regular risk assessments to identify and mitigate financial crime risks, ensuring effective controls are in place and continuously improved.
Collaborate with senior management to integrate the FCRM program into strategic banking initiatives, ensuring it supports new business lines.
Prepare and present regular reports to the Board of Directors on the FCRM program’s status, including key metrics, compliance updates, and emerging risks.
Lead training and education initiatives for the Board on financial crime risks and regulatory changes, fostering informed decision-making and active engagement.
Ensure continuous Board involvement in overseeing the Bank’s financial crime risk management efforts.
Stay informed of emerging trends and technologies in financial crime risk management, incorporating advanced analytics and innovative solutions into the FCRM program.
Regularly review and enhance the FCRM program’s policies, procedures, and technologies to ensure ongoing effectiveness and efficiency.
Who Are You?
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 in law, business administration, or similar discipline preferred
Ten years direct experience in BSA/AML compliance, BSA/AML audit, regulatory examination, or a combination thereof
Certified Anti-Money Laundering Specialist (CAMS) designation or equivalent required
Five years direct experience leading a team or department
Experience working directly with auditors to remediate compliance issues
Experience in oral and written communications, including preparing reports and making presentations, to executive leadership, board and regulators
Comprehensive understanding of bank deposit operations, lending activities, cash-intensive and high-risk business banking, and other related consumer banking and compliance functions
Excellent communication and interpersonal skills
Strong understanding of industry trends, laws, and the U.S. regulatory framework
Experience developing and managing BSA/AML risk management programs at a federally regulated bank
Ability to make important decisions under pressure
Flexible and solution-driven perspective, and a determination and desire to find answers to complex issues
Confident in managing policies, procedures and guidelines
Exposure to curating, executing and monitoring compliance project.