AML & BSA Compliance Program Manager

suttonbank; Mansfield (OH); On-site; USD 90,000 - 125,000; Full time

Job summary

Sutton Bank is seeking an experienced compliance professional to oversee the payments program manager processes and ensure adherence to BSA/AML and OFAC requirements. The role involves reviewing onboarding changes, risk assessments, and program documentation to identify money-laundering risks.

The candidate will collaborate with account managers and third-party program managers, evaluate CIP/KYC profiles, and support audit and regulatory findings resolution.

Qualifications

• Bachelor's degree in business or related area.
• Minimum two years of compliance experience in a financial institution, BSA/AML or internal audit.
• ACAMS, AMLCA, CFE or similar certification preferred.

Responsibilities

• Provides oversight review of the payments program manager processes and adherence to BSA/AML and OFAC requirements.
• Reviews BSA/AML-related risks for onboarding and new programs; assigns risk ratings for payments access and credit card programs.
• Analyzes fact sheets and program manager documentation to identify money laundering and regulatory compliance vulnerabilities.
• Reviews audit and examination reports to ensure policy compliance.
• Makes recommendations to solve root causes of operational and compliance vulnerabilities.
• Monitors industry trends and emerging risk issues to mitigate Sutton Bank's AML and fraud vulnerabilities related to program oversight.
• Assists with implementation procedures that comply with BSA, USA PATRIOT Act, and OFAC policies.
• Works with Sutton Bank Account Managers and third-party Program Managers to compile documentation based on evaluations.
• Identifies and manages AML/regulatory risk with third-party payments access partners.
• Assists with onboarding and ongoing risk management of third-party payments access partners.
• Attends Payments Risk Committee meetings.
• Assists with resolution and tracking of audit and regulatory findings.
• Evaluates CIP and KYC profiles related to program managers.

Skills

Effective communication

Interpersonal skills

Regulatory knowledge

BSA/AML knowledge

Attention to detail

Time management

Analytical thinking

Self-directed

Software skills

Education

Bachelor's Degree in business or related area

Job description

Sutton Bank is seeking an experienced compliance professional to oversee the payments program manager processes and ensure adherence to BSA/AML and OFAC requirements. The role involves reviewing onboarding changes, risk assessments, and program documentation to identify money-laundering risks.

The candidate will collaborate with account managers and third-party program managers, evaluate CIP/KYC profiles, and support audit and regulatory findings resolution.