BSA/AML Compliance Officer & Sanctions Lead

Distro; San Juan (PR); On-site; USD 120,000 - 150,000; Full time

Job summary

OliBank in Puerto Rico is seeking a designated BSA/AML Officer to own and drive a risk-based compliance program across MSB and banking activities. You will manage SAR determinations, reporting, and OFAC screening governance.

You will work closely with the Board and cross-functional teams to ensure compliance with FinCEN and OCIF expectations, including vendor reviews and risk assessment activities. Fluency in English is required with Spanish a plus.

Qualifications

• 3+ years BSA/AML compliance experience in a regulated financial institution.
• Hands-on SAR lifecycle experience: investigation, memos, filing clocks, continuing activity.
• Knowledge of FinCEN/OFAC/MSB obligations and related regulations.
• Strong research, writing, and Board-level communication skills.

Responsibilities

• Own and maintain the risk-based BSA/AML compliance program across MSB and bank programs.
• Serve as designated BSA Officer with SAR determinations and 14- day review windows.
• Report to the Board on program health, trends and deficiencies; provide metrics.
• Govern sanctions screening governance: OFAC, screening outages, and ownership handling.
• Audit and improve KYB artifacts, monitoring alerts, and residual risk.
• Manage vendor and counterparty compliance touchpoints and sign-offs.

Skills

BSA/AML compliance

SAR lifecycle

OFAC compliance

Regulatory exams

Education

University degree in law/finance/business

Job description

OliBank in Puerto Rico is seeking a designated BSA/AML Officer to own and drive a risk-based compliance program across MSB and banking activities. You will manage SAR determinations, reporting, and OFAC screening governance.

You will work closely with the Board and cross-functional teams to ensure compliance with FinCEN and OCIF expectations, including vendor reviews and risk assessment activities. Fluency in English is required with Spanish a plus.