BSA/AML Investigations Lead — Assistant Officer

Automatic Data Processing, Inc.; Reading (MA); On-site; USD 79,000 - 83,000; Full time

Benefits offered by this job

Medical plans (HRA/HSA)

Dental and vision coverage

Flexible spending accounts

Disability insurance

Employee Assistance Program (EAP)

Generous paid time off

Interest-free emergency loan

Tuition assistance

Job summary

Reading Cooperative Bank is seeking an Assistant BSA Officer in Reading, MA to lead AML investigations, oversee monitoring systems, and advise across the organization on BSA/AML compliance. You will coordinate examinations, enhance CDD/KYC/EDD, and support frontline teams with risk-based decisions.

The role requires a Bachelor’s degree and at least five years in financial crimes compliance, with a focus on regulatory requirements. Competitive benefits provided.

Qualifications

• Minimum 5 years of progressive experience in BSA/AML or related field.
• Advanced knowledge of BSA/AML/CFT and OFAC requirements.
• Bachelor's degree required; equivalent combinations considered.

Responsibilities

• Lead complex AML investigations and high‑risk reviews, making risk-based decisions.
• Oversee SAR preparation and filings with regulatory authorities.
• Administer and optimize the Verafin monitoring system.
• Serve as BSA/AML subject matter expert across business lines.
• Coordinate regulatory examinations and audits with timely responses.
• Strengthen customer due diligence, KYC, and enhanced due diligence practices.

Skills

AML investigations

Regulatory knowledge

Leadership

Analytical thinking

Education

Bachelor's degree

Tools

Verafin

Job description

Reading Cooperative Bank is seeking an Assistant BSA Officer in Reading, MA to lead AML investigations, oversee monitoring systems, and advise across the organization on BSA/AML compliance. You will coordinate examinations, enhance CDD/KYC/EDD, and support frontline teams with risk-based decisions.

The role requires a Bachelor’s degree and at least five years in financial crimes compliance, with a focus on regulatory requirements. Competitive benefits provided.