Remote - Deputy BSA Officer

About the position The Deputy BSA Officer will assist the BSA Officer in managing the company's Anti-Money Laundering (AML) compliance program, ensuring adherence to BSA/AML/OFAC regulations for both Green Dot Bank's accounts and third-party issuers. This role involves enhancing the AML compliance risk governance structure, overseeing reporting to executive management, and ensuring the program evolves with new products and services. The Deputy will also provide leadership in transitioning the AML compliance program from manual to automated processes, ensuring compliance with internal and external audits, and coordinating training across the enterprise.

Responsibilities

• Oversee and enhance Green Dot's AML compliance risk governance structure and reporting to Executive Management, Risk Committees, and the Board of Directors.
• Ensure appropriate levels of AML compliance reporting for third-party Bank issued products is integrated into overall monitoring and reporting.
• Provide leadership and guidance as the AML Compliance program transforms from a largely manual environment to an automated environment.
• Harmonize AML Compliance Policies, Procedures, and Risk Assessments across the enterprise.
• Ensure documents pass both internal and external audits and are compliant with BSA/AML/OFAC statutes and regulations.
• Utilize data analytical support for AML Compliance to ensure polished AML compliance risk governance reporting and metrics are identified and utilized.
• Coordinate AML/OFAC compliance training across the enterprise and for appropriate third parties.
• Interact effectively with all business units in Green Dot and its subsidiaries for AML program management.
• Work closely with the BSA Officer to identify and ameliorate any identified gaps in AML enterprise risk reporting and management.
• Review new products and services to ensure consideration of key AML/OFAC compliance risks and necessary mitigating controls.
• Provide input related to new initiative risk assessments and necessary business requirements for ongoing compliance with regulatory requirements.
• Assist in reviewing the due diligence process for potential acquisition targets to assess AML/OFAC compliance risks and ensure integration into Green Dot's AML ecosystem.
• Report to senior management and the Board on key AML-related compliance activities, trends, and risks.

Requirements

• Bachelor's degree required.
• 10+ years of AML compliance experience in a financial institution, MSB, or FinTech, with proven AML management skills.
• Solid background in risk governance and reporting, preferably in an entity offering financial products and services.
• Experience with an AML compliance program moving from a manual to an automated environment is a plus.
• Proven ability to navigate inside an entity offering highly innovative financial products and services.
• Proven background in development and enhancement of AML Compliance program, key documents, and risk assessment.
• Excellent written and verbal communication skills.
• Knowledgeable in developing and presenting management with key risk metrics, particularly AML-related metrics.
• Experienced in identifying, assessing, and addressing issues with potential AML compliance-related operational, reputational, financial, and regulatory risk.
• Ability to collaborate on the development and maintenance of an effective risk identification process within the AML/BSA program.
• Knowledgeable in identifying control gaps through the development of QA and oversight processes to mitigate AML/OFAC Risks.
• Solid interpersonal skills necessary to interact with corporate and bank employees, management, audit, and regulatory examiners.
• Managerial and organizational skills needed to handle work efficiently.
• Strong project management skills to handle multiple tasks while balancing time requirements.
• High degree of initiative and strong ability to meet principal accountabilities with limited direction and oversight.
• Computer aptitude with emphasis on Power Point, word processing, spreadsheet programs, and Gantt charts.

Benefits

• Competitive salary range of $152,300 to $232,700 per year based on qualifications and location.
• Work from Anywhere model promoting remote work flexibility.
• Diversity and inclusion initiatives within the workplace.
• Reasonable accommodations for candidates on request.

Apply tot his job Apply To this Job